are putting the investors’ interests first; the legal term for this is fiduciary duty. The rules, proposed by the Labor Department , which oversees retirement accounts, are part of the Obama administration’s declared mission to support the middle
YORK, April 23 (Reuters) - Millions of investors would be dropped by their financial advisers if the U.S. Department of Labor 's proposal is adopted requiring brokers who offer retirement advice to enter into "best interest" contracts
April 22 (Reuters) - A U.S. Labor Department plan to require best-interest contracts from retirement account brokers would make it easier for investors who try to recoup money for losses by pinning...
adjusted 294,000 in the week ended April 11, after 281,000 seen previously, according the fresh report from the Department of Labor . On the upside, the Philly Fed Manufacturing Index surprisingly advanced to 7.5 points in April , better than the
adjusted 294,000 in the week ended April 11, after 281,000 seen previously, according the fresh report from the Department of Labor . Building permits slipped to 1.039 million units in March , missing the estimate of 1.081 million units, while housing
WASHINGTON, April 14 (Reuters) - The U.S. Labor Department proposed sweeping changes on Tuesday that would require brokers who offer retirement advice to enter into "best interest" contracts with...
WASHINGTON, April 14 (Reuters) - The U.S. Labor Department revealed on Tuesday it will allow BNP Paribas SA to continue to manage retirement plans despite its guilty plea last year to criminal charges that it violated U.S. sanctions against countries such as Iran.
WASHINGTON, April 14 (Reuters) - The U.S. Labor Department said it plans to unveil a consumer protection proposal on Tuesday.
Ahead, Eikon users can register at . Thomson One users can register at RT/DAY/US. All times in ET/GMT) U.S. Labor Department releases import and export prices for March. Economists expect import and export prices fell 0.3 percent and 0.2 percent
NEW YORK, April 7 (Reuters) - U.S. and Brent crude futures extended gains on Tuesday, erasing earlier losses on lift from a Labor Department report showing U.S. job openings rose sharply in February.