Following a lawsuit alleging “wrongful use” of 401(k) forfeited funds, the banking giant is now being sued by employees over $2.4 million in plan assets that were invested in an in-house stable-value fund.
To emerge from this period of uncertainty stronger than ever, use the tariff delay wisely to build cash reserves, strengthen supply chains, and boost organizational resilience.
Thanks to good trades prior to M&A, credit downgrades, and defaults, the insurers in the top quintile for dealer-network size achieved about 0.84 percentage point higher annual returns on corporate bonds, according to a recent study.
Canada announced new 25% tariffs on about C$30 billion (US$20.8 billion) of U.S.-made products, including steel, aluminum, computers, and sporting goods.
“I don't want to say ‘normal,’ but we’re operating,” Consumer Financial Protection Bureau operations chief Adam Martinez testified before U.S. District Senior Judge Amy Berman Jackson of the District of Columbia.
“We increasingly view a large-scale pullback in spending driven by uncertainty about tariffs, DOGE layoffs, and weakness in equities as a non-trivial tail risk.”
A recent executive order and related changes impact not only federal employers, but also private businesses, government contractors, and educational institutions.
Various policies from President Trump are creating economic shocks. “If you were to design something that is really quite negative for the economy, this is it.”
