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[ad_1] Take a look at the essential concepts, terms, quotes, or phenomena every day and brush up your knowledge. Here’s your knowledge nugget for today.(Relevance: In 2023, UPSC asked questions on the ‘carbon tax’. It has been a sticking point in major trade deals that India is trying to finalise. In this context, it becomes important to understand this topic from both Prelims and Mains perspectives thoroughly.) Why in the news? India and the United Kingdom inked a Free Trade Agreement (FTA) on Tuesday (May 6), bringing to an end around three years of negotiations. One of the major sticking…

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[ad_1] CNaught, a platform making carbon credits more secure and scalable, announced $4.5 million in seed funding led by Bow Capital, with participation from FJ Labs, Silence VC, Karman Ventures, and Marketplace Capital. What the funding will be used for: The funding will drive growth and provide greater integrity in the voluntary carbon market, equipping businesses with limited sustainability resources with the strategies and tools utilized by the most sophisticated buyers of carbon credits. This funding also advances CNaught’s goal to give businesses the confidence to reduce their carbon footprint and meet their sustainability goals. Plus, CNaught launched its CNaught…

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[ad_1] This post is sponsored by Keating Law Offices.Good news for rail fans: Recently, Illinois legislators discussed a groundbreaking bill to launch statewide train service.Senate Bill 1901 and House Bill 3285 and would beef up the Illinois Department of Transportation’s Bureau of Railroads, giving it the clout to plan, engineer, and coordinate elements of a statewide rail program. The Senate Appropriations-Public Safety and Infrastructure Committee mulled over the proposed law on April 23. The analogous House committee considered the bill on April 30.The aim of this initiative is coordinate train and bus service all across the Prairie State. The backbone of…

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[ad_1] The latest freefincal Equity Mutual Fund Performance Screener is now available. Use it to screen for consistently performing equity mutual funds. You can screen based on fund category & benchmark and spot mutual funds with a higher return than a benchmark at a lower risk. Inside, you get discounted links to our robo advisory tool and two courses: How to get people to pay for your skills (aka earn from skills) and the lectures on goal-based portfolio management.Use this screener file to quickly find the best-performing equity funds among 300+ equity funds that have consistently outperformed category benchmarks/indices with…

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[ad_1] The Fed’s interest rate adjustments matter for the housing market, just not in the way you think.  Saifulasmee Chede/Getty Images/CNETThe Federal Reserve is almost certain to hold interest rates steady on Wednesday, despite President Trump’s demand that they be slashed immediately. If you’re in the market for a home, you might be wondering what that means for mortgage rates.When the Fed adjusts its benchmark interest rate, interest rates on savings accounts and short-term loan vehicles follow quickly. Long-term rates like mortgages, however, take their cues from the broader economic outlook and fiscal indicators rather than directly from policymakers’ moves. Given today’s…

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[ad_1] Credit: Shutterstock/Ines Sacramento Brazilian ecological restoration company Biomas has enlisted Trench Rossi Watanabe to structure a carbon credits project with local cellulose producer Veracel, which aims to restore native vegetation to Bahia’s Atlantic Rainforest. To read more Subscribe to Latin Lawyer Subscribe to unlock unlimited access Get news, unique commentary, expert analysis and essential resources from the Latin Lawyer experts. Subscribe now Already have access? Login below [ad_2] Source link

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[ad_1] (Bloomberg) — Traders are betting on a slower pace of interest-rate cuts from the Federal Reserve this year, with economic resilience forcing policymakers to remain on hold for longer before easing more sharply in 2026. Most Read from Bloomberg Just a day ahead of the US central bank’s latest policy decision, money markets are pricing three quarter-point reductions this year, one less than at the start of April. About a half point of additional cuts are expected next year, the most priced in for 2026 at any point in the current easing cycle. Traders will be scrutinizing comments by…

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[ad_1] According to the latest CNBC CFO Council quarterly survey, 60% of CFOs expect a recession in the second half of the year, while another 15% say a recession will hit in 2026. In early April, global investment bank Goldman Sachs also raised its estimate of the likelihood of a U.S. recession from 35% to 45%. When facing a possible recession, it’s important to safeguard your financial stability. However, once a recession hits, that becomes more difficult for the following reasons: Savings interest rates may decline: To stimulate the economy and encourage spending, the Federal Reserve will often slash rates.…

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