“Despite policy uncertainty and downbeat consumers, the March top-line number was a good one for the economy and employers of all sizes, if not necessarily all sectors.”
The aerospace firm violated its fiduciary duties by using an in-house service provider and affiliated target-date funds, according to the class-action lawsuit filed by plan participants.
One recent study found that tariffs on Canada, Mexico, and China would raise the cost to produce a crossover vehicle by about $4,000, while a U.S.-made EV would jump by about $12,000.
The combination of sticky inflation and weakening economic data has some on Wall Street questioning whether we could be entering stagflationary environment for the first time since the 1970s.
Following a lawsuit alleging “wrongful use” of 401(k) forfeited funds, the banking giant is now being sued by employees over $2.4 million in plan assets that were invested in an in-house stable-value fund.
To emerge from this period of uncertainty stronger than ever, use the tariff delay wisely to build cash reserves, strengthen supply chains, and boost organizational resilience.
With FedNow, Real-Time Payments, Same-Day ACH, and other emerging products and services, treasurers should be evaluating a range of options for speeding up—and streamlining—payments.