(U.S. Edition) That’s what the Labor Department is suggesting with a new announcement that socially responsible investments could be a violation of a company’s fiduciary responsibility. In other words, considering values other than traditional measures like profits and losses when running a retirement plan is frowned-upon, though not outlawed. What does this mean for the future of “ethical” investing? We talk to Senior Economics contributor Chris Farrell to find out. Plus, the price of crude oil crossed above $70 per barrel today, the highest it’s been since 2014.
(U.S. Edition) That’s what the Labor Department is suggesting with a new announcement that socially responsible investments could be a violation of a company’s fiduciary responsibility. In other words, considering values other than traditional measures like profits and losses when running a retirement plan is frowned-upon, though not outlawed. What does this mean for the future of “ethical” investing? We talk to Senior Economics contributor Chris Farrell to find out. Plus, the price of crude oil crossed above $70 per barrel today, the highest it’s been since 2014.
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