Labor Department fiduciary rule dies for second time
The Labor Department's fiduciary rule, designed to protect retirement savers, has reportedly died for the second time, impacting investors.
Results for "Labor Department"
6 stories found
February Jobs Report Anticipated
The Labor Department is set to release employment data for February on Friday, with anticipation surrounding what the jobs report will reveal.
Labor Department Rule Advances 401(k)s Towards Crypto and Private Equity Investments
A proposed Labor Department rule, which has passed White House review, is moving 401(k) accounts closer to fully embracing alternative investments like crypto and private equity by granting fiduciaries 'safe harbor' status, protecting them from lawsuits. This initiative aims to open retirement funds to private markets, despite ongoing concerns about investor risk.
Labor Department Deploys 'Strike Team' to California Over Unemployment Debt and Fraud
The Labor Department has sent a specialized 'strike team' to California to address concerns over $21 billion in unemployment debt and alleged fraud during the pandemic.
Quiz: Is AI Coming for Your Job?
A new quiz, drawing on Labor Department data, helps individuals assess how vulnerable their jobs are to disruption by artificial intelligence.
Trump Labor Secretary's Husband Barred from Department Over Sexual Assault Allegations
Shawn DeRemer, husband of Lori Chavez-DeRemer, has reportedly been barred from the Labor Department following sexual assault allegations from at least two female staff members.