A federal judge in Texas ruled that the company violated its ERISA duties by not focusing “on the best financial benefit” for its 401(k) plan—the biggest victory yet in a case involving ESG investing.
Even as short-term interest rates fall, long-term rates are rising globally due to uncertainty around Trump’s tariff threats, according to the IMF managing director.
At the FOMC’s December meeting, “some participants stated that there was merit in keeping the target range for the federal funds rate unchanged,” minutes show.
Ex-employees are suing Verizon, as well as State Street Global Advisors, which served as the “independent fiduciary” in putting together the deal to manage the pensions of 56,000 retirees.
The fast food company is joining a growing list of employers, including Walmart and Boeing, that are re-evaluating their diversity, equity, and inclusion policies, while Costco is doubling down on DEI.
The online retailer has been hit with a class-action lawsuit, alleging it violated its ERISA fiduciary duties by using forfeited 401(k) funds to offset company contributions instead of reducing administrative fees for participants.
Join the discussion as we outline tactics to help protect your outgoing funds, tips to prevent attackers from getting in, and what to do if they are already within your own walls.
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.