U.S. prime money-market mutual funds may face lower yields and fewer investment choices in the market for borrowing and lending securities if the Federal Reserve restricts collateral options, according to Fitch Ratings.
Businesses want Congress to repeal the Cadillac tax, but the price tag may be too steep.
Keeping up with the latest digital innovations has replaced economic conditions and regulatory changes as the biggest concern for global executives this year.
Wage and hour settlements accounted for $1.2B of the total.
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