As criticism of ESG investing has become louder and increasingly politicized in the U.S., new "anti-ESG funds" have emerged. They attracted $376 million in Q3/2022 alone.
The lawsuit was brought by a former employee, who oversaw Twitter's benefits program, on behalf of thousands of employees who were laid off after Elon Musk acquired the company late last year.
Buying conditions for durable goods jumped to the highest level in two years, as most consumers expect their incomes to rise at least as much as inflation.