government policy
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McKinsey investment arm hit with $18 million fine for trading in companies about which it had inside info from its consulting business
An investment business working exclusively on behalf of employees of McKinsey & Co. was hit with an $18 million fine…
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Do AI-powered lending algorithms silently discriminate? This initiative aims to find out
Hello and welcome back to MarketWatch’s Extra Credit column, a weekly look at the news through the lens of debt.…
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Investing in private equity could boost retirement savings accounts
The Labor Department last year paved the way for plan sponsors to add private equity (PE) investments as a component…
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Coalition of states are investigating Instagram’s effects on youth
A bipartisan coalition of state attorneys general said Thursday it is investigating how Instagram attracts and affects young people, amping…
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Credit scores hit an all-time high during the pandemic — will inflation bring them down? FICO’s CEO weighs in
From a credit score point of view, Americans have fared exceptionally well during the pandemic. Since the start of the…
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40% of America’s trucking capacity is left on the table every day, MIT expert tells Congress
American long-haul truck drivers are “seriously underutilized,” and the problem comes from the scheduling practices of shippers and receivers, an…
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Europe is the only region where COVID-19 deaths rose in the latest week, as U.S. embarks on effort to greatly boost vaccine manufacturing
Fatalities from the coronavirus-borne illness COVID-19 rose 5% in Europe in the latest week, the World Health Organization said Wednesday,…
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Gen Z is wildly unrealistic about how much money stocks, crypto and other investments will give them for retirement and you’ve just come into a pile of money, so why are you feeling so anxious?
Hi, MarketWatchers. Don’t miss these top stories. Biden’s Build Back Better needs an answer on a key question: How much…
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US holds huge crude sale in Gulf coming off climate pledges
NEW ORLEANS — The U.S. Interior Department auctioned hundreds of oil and gas leases from federal waters in the Gulf…
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‘These guys pressure you to pay for the insurance.’ Consumers seeking health coverage plagued by misleading marketing, studies show
A quick web search made Shazad Mohammed the target of a months-long marketing frenzy. Back in September, the 45-year-old systems…
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