News

After 6 years of litigation, GE will settle the lawsuit—the largest-ever ERISA case alleging retirement plan mismanagement—which claimed underperforming funds were the only actively managed options available to participants.

Recent inflation data underscores how a strong labor market is underpinning consumer demand, which risks keeping prices above the Fed's target.

Yields on 10-year and 30-year Treasuries reached their highest since 2007, extending yield curve steepening which has been a key dynamic of the past month's abrupt selloff.

Just weeks after a federal judge dismissed an ERISA lawsuit against the company over allegations of excessive fees, employees are claiming the 401(k) plan offered funds that performed worse than alternatives.

Despite Wednesday's ADP data, BLS stats out today show U.S. nonfarm payrolls increasing in September by the most of 2023.

The federal agency announced Wednesday that it will review its "overpayment" process, after it was reported that it clawed back $4.7 billion of overpayments, while another $21.6 billion remains outstanding.