Labor costs show surprise decline in the third quarter
The cost of labor unexpectedly declined in the third quarter, providing at least some relief on the inflation front, the…
Biden administration to crack down on ‘junk fees’ in retirement plans
The Biden administration is cracking down on so-called “junk fees” in retirement accounts. The U.S. Department of Labor on…
Why working longer is a bad retirement plan
Working longer is among the best ways to ensure you don’t outlive your retirement savings. The problem is, you can’t…
Biden hails hot GDP report, but voters don’t see the rosy picture Wall Street does
WASHINGTON — The U.S. GDP grew at 5% last quarter, better than expected, and President Joe Biden said it was evidence…
Here are 4 ways health savings accounts can be used to pay insurance premiums
Health savings accounts have powerful tax benefits that make them an efficient way to save for future medical costs. But…
Powell says inflation is still too high and lower economic growth is likely needed to bring it down
Federal Reserve Chairman Jerome Powell acknowledged recent signs of cooling inflation, but said Thursday that the central bank would be…
Biden takes credit for easing inflation, strong job market as GOP polls better on economy
WASHINGTON — President Joe Biden lauded Thursday’s Labor Department report showing relatively stable inflation, taking credit for a recent spate…
Biden cheers jobs numbers, asks House to get back to work
WASHINGTON — President Joe Biden welcomed job growth news released Friday, but warned of the economic consequences that would ensue…
Investors roll more than $600 billion a year to IRAs. Anticipated Labor Department rules could raise their protections
The U.S. Department of Labor is poised to issue a rule in coming weeks that’s likely to raise protections for…
