Five in Ten 12/1/22: Biden Wants Your 401K to Get Woke

The Labor Department quietly issued a new rule the evening before Thanksgiving, nudging 401K fund managers to invest in “companies committed to positive Environmental, Social and Governance actions.”

5) Türkiye losing patience with US support for Kurds; 4) Economic headwinds include looming rail strike and banks short of capital; 3) San Francisco PD says don’t worry, armed robots won’t carry guns—only explosives; 2) Biden pushing 401K fund managers to invest in ESG; 1) Five rental cars used by Biden’s Secret Service detail went up in flames Monday morning, but Nantucket Fire Chief rules out foul play.