News

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Stimulus Bill Freezes Retirement Plan Contribution Limits

Melanie Waddell |

The freeze, which would take effect in 2031, is a “budget gimmick,” retirement plan lobbyist Brian Graff says.
News

Fed Dials up Pressure to Ditch LIBOR

William Shaw, Lananh Nguyen & Matthew Boesler |

Banks’ preparations for the transition are coming under intense scrutiny from the Federal Reserve.
News

House Passes $1.9 Trillion Stimulus Package

Melanie Waddell |

The House plan includes $1,400 stimulus checks to individuals earning up to $75,000, heads of household earning up to $112,500, or $150,000 per couple.

News

Healthcare Industry to Undergo Big Changes by 2040

Scott Wooldridge |

Deloitte predicts that the United States is on track for an “unstoppable transformation” in how healthcare is accessed and provided.
News

Fed Outage Raises Questions on Wall Street

Matthew Boesler & Jenny Surane |

Most services have been restored, but Fed systems that process tens of millions of transactions each day were down for about four hours yesterday.
News

Privacy Compliance Is No Longer ‘California or Not California’

Frank Ready |

Variations in how states approach issues like a private right of action or employee data protections could make compliance increasingly difficult.
News

The Case for a Hack-Reporting Requirement

Alyza Sebenius & Rebecca Kern |

Yesterday, senators and tech executives came together to recommend a consistent federal approach to corporate disclosure of cyberattacks.
News

Fed Chairman Vows to Keep Supporting Economic Recovery

Bernice Napach |

“The job is not done. ... We’ve got to get the pandemic under control so the U.S. economy can reopen,” Powell said.
News

Texas Utility ERCOT Hit with Two Lawsuits over Winter Storm Damages

Amanda Bronstad |

The lawsuits filed against ERCOT allege that the utility failed to prepare residents for possible rolling blackouts and failed to winterize its equipment.
News

Corporate Bond Sale Boosts Campaign to Kill off LIBOR

Brian Smith, William Shaw & Tasos Vossos |

A Canadian energy company’s issue tied to SOFR saw significant demand on Tuesday.

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