Commentary: After much anticipation, the Department of Labor unveiled a rule on Tuesday that could establish a fiduciary responsibility for brokers working with retirement accounts. The proposal still has to go through the comment period, but if passed, it promises to be a step toward reducing conflicts of interest while urging advisers to work in […]
It has taken more than five years, but the Obama administration has finally acknowledged that those hurt and killed in the 2009 Fort Hood shootings were victims of terrorism. Until this point, the act of violence was considered “workplace violence” since the injuries were not sustained in combat against foreign terrorist forces. The victims received […]
Juliette Fairley Follow Apr 7, 2015 6:30 AM EDT NEW YORK (MainStreet) — Raina Lipsitz, a 32-year-old New Yorker who works in internal communications, invests in her company 401(k) plan but admits she has a limited understanding of fees and expense ratios. “I don’t know what fees I pay,” Lipsitz told MainStreet. “I have access […]
You wouldn’t steal a piece of artwork off of a museum wall, would you? Yet people do nearly the same thing every day by downloading or streaming music for free. Thanks to a recent announcement from Jay-Z, artists will now be compensated fairly. On March 31 hip-hop mogul Jay-Z announced the launch of a new […]
According to Forbes, the average NBA player receives a salary of $5.15 million per year. The highest paid college athlete’s salary? Absolutely nothing, and that needs to change. The NCAA made $871.6 million dollars in 2011-12, the most recent year that audited numbers are available. With March Madness, one of the most highly-sponsored and profitable […]
