The U.S. Department of Labor (DOL) is warning investment firms to “exercise extreme care” before adding crypto to their retirement plans. In a new statement, the department says it has serious concern...
Tag: Labor
US Department of Labor says crypto in retirement plans will attract legal attention
The level of cryptocurrency adoption in the United States has grown to record highs over the past year. Institutional adoption has also skyrocketed, and this has created worry among federal agencies t...
Crypto Could Be Bad For Retirement Savings Plans, The US Labor Dep’t Warns
Retirement plan members should exercise caution before adding crypto to their 401(k) plan’s investment options, the US Department of Labor warned Friday. The warning comes a day after US President Joe...
US Labor Dept warns of crypto risks in retirement plans
The US Department of Labor (DOL) has told 401(k) investors to “exercise extreme care” when dealing with cryptocurrencies and other digital assets citing fraud, theft, and financial loss as...
With MLB Lockout Over, Here Are All The Details Of New 2022-26 Labor Deal
MLB commissioner Rob Manfred has reached a deal with Tony Clark and the MLBPA for a new five-year … [+] labor deal. (Photo by Julio Aguilar/Getty Images) Getty Images On Thursday evening, the ow...
MLB Players And Owners Reach New Labor Deal—Season Reportedly Will Begin April 7
Topline Major League Baseball and its player union reached a tentative agreement Thursday afternoon on a new collective bargaining agreement, according to ESPN and the Athletic, heralding an imminent ...
US Department of Labor Urges ‘Extreme Care’ Before Adding Crypto to 401(k) Plans
The Labor Department said crypto presents “significant risks and challenges to participants’ retirement accounts, including significant risks of fraud, theft and loss.” It highlighted as reasons specu...
JPMorgan says labor shortage requires unconventional hiring
JPMorgan Chase says that companies can deal with global labor shortages in part by tapping the neurodiverse and people with criminal backgrounds. The New York-based bank has hired thousands of people ...
Department of Labor cautions against crypto in 401k plans
advertisement The US Department of Labor published a notice Thursday saying it will conduct an investigative program aimed at retirement plans offering crypto. The agency advocated retirement managers...
MLB owners and players reach tentative labor deal
Major League Baseball Commissioner Rob Manfred answers questions during an MLB owner’s meeting at the Waldorf Astoria on February 10, 2022 in Orlando, Florida. Julio Aguilar | Getty Images Major...
Planning to retire? Don’t get hit with a surprise tax bill for this common mistake
How much of your salary is withheld from your paycheck affects what you receive, or owe, at tax time – with the wrong number selected, you could be in for quite a surprise. Retirement Tip of the Week...
Former MLB Union Official Gene Orza Weighs In On Latest Labor Strife, Says Players More United Than Ever
Gene Orza, the former MLB Players Association COO, during labor negotiations in 2002 when the threat … [+] of a work stoppage loomed. ASSOCIATED PRESS The 1994 Major League Baseball players’ str...
Tech-Driven Tools To Uncover Labor Exploitation
Search results related to suicides in Chinese electronics sector Globalworks Pauline Göthberg coordinates sustainable procurement for the Swedish government. Like many people passionate about ensuring...
February jobs report expected to show strong labor market continuing with solid wage gains
A worker drills plywood on a single family home under construction in Lehi, Utah, on Friday, Jan. 7, 2022. George Frey | Bloomberg | Getty Images The economy was likely to have added jobs at a healthy...
Owners could delay Opening Day if no labor deal by Monday
An official MLB baseball sits on top of an MLB game-used base with a lock and chain around it to represent the lockout between Major League Baseball (MLB) and the Major League Baseball Players Associa...
For White-Collar Workers, It’s Prime Time to Get a Big Raise
White-collar professionals are reaping big pay gains as worker bargaining power spreads across the U.S. economy and shows early signs of durability. Wall Street banks are boosting compensation for emp...
Urgency Ignites Major League Baseball’s Labor Negotiations Thanks To February 28th Deadline
Brownsburg, IN – December 2: An Official Rawlings Major League Baseball sits with a bat and chain to … [+] represent the lockout between Major League Baseball (MLB) and the Major League Ba...
Women are driving the labor shortage, and experts have identified a crucial solution
As of last month, there are still more than one million fewer women in the labor force than in February 2020. The most recent Bureau of Labor Statistics jobs report indicates that men are back to norm...
Opinion: How to invest like a millionaire and build wealth for retirement
Over the course of my career, I’ve had the opportunity to work with multiple self-made millionaires. Though they come from varied backgrounds, these investors have a few key habits in common—ones that...
As Labor Unions Gain Public Esteem, The Second Largest Airline Union Purges Its Political Dissidents
The IAM has 300,000 active members including 60,000 airline workers and 27,000 Boeing workers. International Association of Machinists The second biggest airline union has continued to oust dissident ...
The War On Small Business
Transportation is just one area of our supply chains where there aren’t enough workers. getty Everybody has a pet theory about why it’s so hard for manufacturers and supply chain companies to ge...
Retirees, pay attention – inflation is on the rise
Americans are spending more money because of high inflation — this can be a big problem for older individuals living on a fixed budget. Inflation is at a 40-year-high, at around 7.5% in January, acco...
What To Make Of The Labor Department’s Request For Comment On Protecting Retirement Assets From Climate Risks
Springs Fire In Southern California Gains Strength, Continues To Threaten Homes. (Photo by David … [+] McNew/Getty Images) Getty Images The U.S. Department of Labor announced on Friday publicati...
Major League Baseball Continues Searching For Its Heartbeat With New Labor Proposal
ORLANDO, FLORIDA – FEBRUARY 10: Major League Baseball Commissioner Rob Manfred answers questions … [+] during an MLB owner’s meeting at the Waldorf Astoria on February 10, 2022. Manf...
Uber’s New Earnings Outlook Leaves Investors Hungry for More
Uber Technologies Inc. spooked investors with a midterm earnings forecast that fell short of expectations and overshadowed the company’s pledge to be cash-flow positive by the end of this year. Chief ...
Labor Secretary Marty Walsh Offers Help To End MLB Lockout
Topline Labor Secretary Marty Walsh has reportedly offered his assistance to help end one of the most public and high-dollar labor disputes in the U.S. right now: the Major League Baseball lockout, wh...
These end-of-life planning forms will save your family a lot of heartache, the trouble with Alaska’s oil fund and more retirement news
From MarketWatch: Opinion: Big money trouble with Alaska’s $80 billion oil fund: A major political row has broken out at Alaska’s Permanent Fund, the state’s giant $82 billion oil fund, where the firi...
Opinion: Businesses subject job candidates to so many indignities — and then they wonder why they can’t find people?
Business leaders in organizations large and small are facing a common challenge: they can’t find enough workers to fill all their open positions. According to September Labor Department statistics, it...