2022-4-30 23:02 |
A top official with the the agency in the Labor Department that is tasked with regulating and overseeing companies in their management of employees’ retirement accounts has expressed concerns with... origin »
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ForUsAll, a 401(k) provider based in San Francisco, is suing the Labor Department over its recent decision to investigate companies offering clients the option to allocate a portion of their...
2022-6-3 19:49 | |
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The proposal by Fidelity Investments to let clients put bitcoin into their 401(k) plans poses a danger to the financial security of Americans, the Department of Labor has said. The post US Labor Department Has ‘Grave Concerns’ Over Fidelity’s Bitcoin Pension Plans appeared first on BeInCrypto.
2022-4-29 18:30 | |
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The Labor Department is scheduled to meet with Fidelity to express concerns.
2022-4-29 09:44 | |
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White House blames Russia's war on Ukraine for the extraordinary elevated inflation to be revealed by Tuesday's data from the Labor Department. Will markets agree?
2022-4-12 12:05 | |
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The Labor Department has warned firms to think carefully before adding cryptocurrencies to their investment options for 401(k) plans.
2022-3-12 23:46 | |
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The level of cryptocurrency adoption in the United States has grown to record highs over the past year. Institutional adoption has also skyrocketed, and this has created worry among federal agencies that retirement funds could be at risk due to the high volatility of the cryptocurrency market.
2022-3-11 18:23 | |
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Retirement plan members should exercise caution before adding crypto to their 401(k) plan’s investment options, the US Department of Labor warned Friday. The warning comes a day after US President Joe Biden signed an executive order establishing a government-wide effort to develop policies for bitcoin and other related assets.
2022-3-11 15:00 | |
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The department warned that cryptocurrency investments present “significant risks and challenges to participants’ retirement accounts.”
2022-3-11 00:42 | |
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The Consumer Price Index (CPI) report, due out from the Department of Labor's Bureau of Labor Statistics at 8:30 a.m. ET on Thursday, is expected to show inflation ticked up to 8% in February, a fresh four-decade high.
2022-3-10 01:22 | |
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Inflation is at a 40-year high as investors begin to panic. Prior to the release of the report, cryptocurrency prices spiked. So far, the crypto market appears to be holding up. The United States Labor Department recently released the Consumer Price Index (CPI) for January.
2022-2-15 21:08 | |
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The December Consumer Price Index (CPI) in the United States rose to 7. 0 percent year-over-year, according to the latest inflation report from the United States Labor Department’s Bureau of Labor Statistics (BLS) on Wednesday.
2022-1-13 22:30 | |
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The Consumer Price Index (CPI) in the U.S. has hit a three-decade high. It is noteworthy that the U.S. Labor Department data pins the non-seasonal figure at 6.2% over the last 12 months. Source: tThe post As fear of inflation runs high, experts discuss its impact on Bitcoin appeared first on AMBCrypto.
2021-11-13 02:30 | |
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Inflation in the U. S. shot 5. 4 percent year-to-date in June 2021, the most in 13 years according to the Labor Department, Reuters reported on July 13. Inflation rose in June to Multi-Year Highs Of note, the index tracking prices of used cars and trucks rose by 10.
2021-7-15 17:00 | |
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The line of sight on U.S. inflation is anything but clear after the Labor Department reports the CPI's smallest yearly gain since 2015. So what does it mean for bitcoin?
2021-1-14 21:07 | |
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President Donald Trump has predicted that the US economy will recover by 2021, citing new jobs data released by the Labor Department which contains a “misclassification error. ” Officials say the numbers are artificially low, and Federal Reserve Chairman Jerome Powell and several economists have voiced their concerns.
2020-6-8 23:05 | |
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The US Department of Labor released the latest statistics regarding unemployment claims. The week closed with claims of 2. 44 million. The unemployment numbers also indicated that the total number of continuing claims increased to over 25 million for the first time.
2020-5-22 00:06 | |
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Coinspeaker U. S. Weekly Jobless Claims Amount to 3. 169M, Seven-week Tally Hits 33. 5MJobless claims last week totaled 3. 17 million, the U. S. Labor Department reported on Thursday.
2020-5-9 17:15 | |
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The US Department of Labor has just released figures for the number of jobless claims last week. A total of 3. 2 million people applied for out of work benefits over the seven-day period ending May 2.
2020-5-8 23:15 | |
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U. S. government debt yields tumbled on Thursday, as demand for Treasurys rose over concerns that the United States and China are no closer to finalizing a comprehensive trade agreement even once a partial deal is reached.
2019-11-1 01:00 | |
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Recently, the Maryland Department of Labor released a statement announcing that due to a certain security flaw in their native database ecosystem, they “might” have accidentally released the personal information of more than 78,000 people living within the state’s borders.
2019-7-8 20:18 | |
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The Maryland Department of Labor announced that a security flaw in its databases may have exposed the sensitive and personal data of around 78,000 people. The agency commented that the breach occurred earlier this year after nine employees fell victim to what cybersecurity experts call a phishing attack.
2019-7-7 20:30 | |
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U. S. job creation bounced back sharply last month, renewing optimism that the labor market was still on track following a sharp slowdown in February. The jump in nonfarm payrolls thrust Dow futures toward a major rally.
2019-4-6 16:01 | |
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Neither the Dow nor the bitcoin price looked keen on making a bold entry into February early Friday morning, as both the US stock market and cryptocurrency sector reflected on their uneven performances in January.
2019-2-2 16:59 | |
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As part of its monthly labor review for September, the US Department of Labor released a report on workers in the “gig economy,” such as those who worked for Uber, GrubHub, or TaskRabbit. It revealed that this work now accounts for at least 1 percent of total employment in the country.
2018-10-2 20:31 | |
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Reasons to consider owning bitcoin in a retirement portfolio -- from outpacing healthcare inflation to managing long-term bond risk.
Amidst ongoing issues in traditional markets, some view cryptocurrency as an investment option for retirement. We talked to experts to explore the pros and cons.
Marcel Pechman explains the myth of excess cash in U.S. households and the lack of sufficient savings, and how a U.S. government shutdown could impact Bitcoin.
As it hosts Paris Blockchain Week, France’s capital city has seen protests following the government pushing through a bill raising the national retirement age from 62 to 64.
The crypto winter brought more devastating impacts on some crypto lending platforms. There was a lot of battling by most lending firms to evade liquidation. Their turbulent waves created distrust, loss of hope, and funds for many investors.
Crypto critic Elizabeth Warren and two colleagues write to the Fidelity CEO again to express their displeasure with crypto-exposed 401(k) offerings.