Voya Financial publishes Impact Report 2021: “A better financial future for everyone”

NEW YORK–(BUSINESS THREAD)–Voya Financial, Inc. (NYSE: VOYA), announced today that it has published its 2021 Impact Report, which provides an overview of Voya’s environmental, social and governance (ESG) activities and performance from January 1 through to December 31. , 2021. Themed “A Better Financial Future for Everyone,” the report reflects Voya’s commitment to purposefully serve its colleagues, customers and communities in a way that is socially, environmentally, economically and ethically responsible, and take actions that have a positive impact on society. “Our impact report demonstrates how, together with our key stakeholders, Voya is building on our ESG strategy to make…

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Kartikeya N Desai & Ramraj Pai

Unlocking the promise of blended finance

Blended financing can strengthen government efforts to support underserved sectors of society by promoting the efficient use of limited resources and supporting long-term sustainability. ThemesBS Opinion India’s already large annual SDG funding gap is estimated to have nearly doubled post-Covid. According to the government, social sector funding has grown to 30 percent of nominal gross domestic product, but is still constrained by limited resources. This capital gap can be addressed through blended finance: the use of financial instruments to combine private, public and philanthropic capital to (i) increase the capital available for development and (ii) allocate that capital efficiently to…

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Oil falls to 6-month low on economic data, pending news on Iran nuclear deal

EU, US study Iran’s response to nuclear proposal China unexpectedly cuts key rates as economic data disappoints. NEW YORK, Aug 16 (Reuters) – Oil prices fell more than 2 percent on Tuesday to their lowest level since before Russia’s invasion of Ukraine as economic data fueled concerns on a possible global recession, as the market awaited clarity on talks to revive a deal that could allow more Iranian oil exports. Brent crude futures fell $2.27, or 2.4%, to $92.83 a barrel. The contract hit a session low of $92.51 a barrel, the lowest since February 18. West Texas Intermediate (WTI)…

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IRS interest increases on October 1st. How much you’ll get for a missing refund

How to calculate your interest The interest is an annual rate compounded daily, meaning you divide the 6 percent rate by 365, explained Tommy Lucas, a certified financial planner and enrolled agent at Moisand Fitzgerald Tamayo in Orlando, Florida. With the average brick and mortar savings account paying well below 1%, the interest of the IRS may seem attractive. However, it remains lower than annual inflation, which grew by 8.5% in July. And with the average 2021 tax refund to over $3,000many applicants would prefer to have their payment on time, Lucas said. For perspective, in 2020, the the IRS…

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Who is Saint Omni? Roquan Smith’s mysterious uncertified “agent” of LifeLine Financial Group leaves more questions than answers

Roquan Smith requested a trade away from the Bears on August 9th. Now, it’s the subject of more controversy just a week later. On Monday, the Smith saga took a strange turn, as Mike Florio of ProFootballTalk reported that someone representing Smith was “calling other teams to gauge potential trade interest.” Of course, as Florio pointed out, there were a couple of problems with this: This is a problem for two reasons. First, the person is not an NFLPA certified agent. He cannot represent Smith or any other player. Second, Smith has not received permission to seek a trade. Basically,…

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3 Takeaways from Tuesday’s Investment Club ‘Morning Meeting’

Every weekday, the CNBC Investing Club with Jim Cramer does a live “morning session” at 10:20am ET. Here’s a recap of Tuesday’s key takeaways: We want growth without inflation. WMT, HD Earnings Boost Retailers Quick Mentions: CTRA, DIS, WFC 1. We want growth without inflation. bond yields rose. The Dow Jones Industrial Average rose for its fifth consecutive session. West Texas Intermediate crude, the US oil benchmark, fell 2.5%, which bodes well for inflation. Jim Cramer has said repeatedly that he believes the peak in oil in June helped cool inflation in July. Although the market and the economy have…

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Mott Capital Management profile picture

Amazon (NASDAQ:AMZN) shares could see a sharp drop

Julie Clopper This story was originally published for Reading The Markets subscribers on August 12 and has been updated as of the morning of August 16. from Amazon (NASDAQ: AMZN) shares have soared nearly 40% since June lows. The The big rally has followed quarterly results that showed better-than-expected revenue and better revenue guidance. But despite this better-than-expected revenue, the company posted another drop in its trailing 12-month operating cash flow, which fell to $35.5 billion. This is the lowest value since October 2019. Historically, the share price has tracked the 12-month operating cash flow metric very closely, and the…

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Elanco Animal Health (NYSE:ELAN) updates Q3 2022 earnings guidance

Elanco Animal Health (NYSE:ELAN – Get a score) on Tuesday updated its Q3 2022 earnings guidance. The company provided EPS guidance of $0.12 to $0.18 for the period, compared to the EPS estimate of consensus of $0.26. The company issued revenue guidance of $1.01 billion to $1.06 billion, compared to the consensus revenue estimate of $1.14 billion. Elanco Animal Health also upgraded its FY2022 guidance to $1.06-$1.13 EPS. Wall Street analysts weigh in Several equities research analysts have commented on the company. JPMorgan Chase & Co. cut Elanco Animal Health from an overweight rating to a neutral rating and cut…

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