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About 70% of the 401(k) plan—nearly $2 billion—was invested in one fund, when “much cheaper” versions of this investment were available, allege employees in the class-action lawsuit.

The U.S. junk market, by contrast, has a “largely manageable” volume of debt coming due in the next three years.

Federal Reserve Bank of Chicago President Austan Goolsbee warns that lessons from the pandemic suggest tariffs might become inflationary by creating supply-side disruptions.

While a decline in vacancies and easing wage growth suggest some moderation is under way, employers are still hiring and layoffs remain subdued.

The White House did not immediately comment on Trump’s call with Trudeau or on Trudeau’s social media post stating that the tariffs are on hold.

If the Musk team shut down legally legitimate transfers, that could spark debate over whether the federal government is following through on its obligations.