Anti-ESG Bill Passes Senate as Biden Threatens First Veto
By Laura Litvan and Diego Areas MunhozThe bill strikes down a Labor Department rule allowing retirement plans to weigh climate change and ESG factors.
March 01, 2023
Active Funds Failed to Beat Passive Peers in 2022: MorningstarThe year challenged the notion that active funds navigate difficult markets better than their passive counterparts, Morningstar says.
March 01, 2023
LPL, Raymond James Caught in SEC's Messaging ProbeThey are among firms facing SEC inquiries about preservation of messages stored on personal devices or apps.
March 01, 2023
AI at 'Inflection Point,' Adoption Set to Accelerate: UBSBut AI probably won't destroy jobs, according to the firm.
March 01, 2023
New Bill Creates Social Security, Medicare 'Lock Box'The bill would block the Social Security and Medicare Part A trust funds from investment in U.S. bonds.
March 01, 2023
Senate Set to End Labor's ESG RuleThe expected move by Republicans and some Democrats is likely to be vetoed by the president.
March 01, 2023
Ex-Vanguard Broker Charged With Killing Girlfriend Is Suspended by CFP BoardJohn Poulos of Texas was charged with femicide and obstruction of justice in Bogota, Colombia.
March 01, 2023
Women Likely to Help Other Women Reach Financial Goals: FidelityNearly 70% of female respondents in the survey said they help other women because another woman helped them.