The Latest Breaking News from Morningstar

After starting as a niche corner of the finance world, ESG investing has since exploded to become a major force on Wall Street _ and the latest front in the nation’s cultural schism

A group of 25 Republican attorneys general sued Labor Secretary Marty Walsh and the Labor Department over a Biden administration regulation that gives retirement plan sponsors more freedom to consider environmental, social and governance factors when selecting investments.

In response to House Republicans’ plans to use their new majority to investigate the ESG movement, three Democratic senators penned an op-ed accusing their GOP colleagues of overstepping. The three senators—Sheldon Whitehouse (D-R.I.), Brian Schatz (D-Hawaii), and Martin Heinrich (D-N.M.)—also accused Republicans who oppose ESG of being anti-capitalist:

Many investors fear a possible recession in 2023. Managers of one hot mutual fund like stocks that do well across the business cycle.

Climate conscious investors have channeled billions of dollars into clean energy but investment flows into protecting and better managing the world's ecosystems remain minute by comparison.

Ald. Ray Lopez said he believes the contribution from billionaire Joe Mansueto, founder of Morningstar, Inc., “represents a gross & familiar abuse of power and, at minimum, a potential violation” of the city’s ethics ordinance.

IBD's 2023 list of the best HSA accounts includes stalwarts like Fidelity, plus credit unions and other smaller players. Here's what they offer.

Calvert Equity Fund is an ESG-focused portfolio that's built to make it through tough times. The best mutual fund's steely defense, though, is also a weapon.

Marie Trzupek Lynch founded the job placement organization in 2012 and now has it on a national expansion campaign.