Vanguard’s S&P 500 ETF (VOO) has overtaken SPDR S&P 500 ETF Trust (SPY) as the world’s largest ETF, with $631.8 billion in assets. Vanguard’s success is attributed to strong inflows, with $121.1 billion last year, surpassing SPY’s $23.6 billion. While SPY maintains a liquidity advantage, VOO’s low cost appeals to investors, highlighting the evolving dynamics in the $10.7 trillion ETF industry.
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As Trump administration eases EPA regulations, Houston could pay a price
SummarySince President Trump's administration began, the Environmental Protection Agency has been rolling back pollution regulations, impacting health in communities like Houston near coal plants. A study indicated that pollution from the NRG Energy coal plant is responsible for 177 premature deaths annually, disproportionately affecting low-income, minority populations. Critics argue that increasing reliance on coal harms public health and advocate for renewable energy as a cleaner, more reliable alternative, while the Trump administration defends deregulation as...
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