Morning Scan: Goldman to Enter Online Retirement-Savings Field; Car ...

Receiving Wide Coverage ...

Goldman Going Robo: Goldman Sachs Group will buy Austin, Texas-based Honest Dollar, an online retirement-savings startup. Honest Dollar, which launched in 2015 and raised $3 million in seed funding, targets small-business employees and self-employed individuals who don't have access to traditional employer-sponsored savings plans. The company offers investment portfolios with average expense ratios of 0.1% a year and charges companies a flat monthly fee of $8 to $10 an employee. It is...