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Yikes! The advocacy group Demos reports that a two-income couple — earning a median income over their careers — spends an average of $154,794 during their working lives on 401(k) fees. Fees, Demos says, eats up nearly one-third of their investment returns. A higher income couple pays even more in

As wary as the public may be of Wall Street, it is not wary enough because the financial industry rips people off even more than most of us realize -- specifically, in 401(k) fees.

If you think your employer knows more about your 401(k) plan's fees than you do, think again. Sponsors of some 401(k) plans don't understand the fees they're paying toward plan administration, says a new report by the U.S. Government Accountability Office. The GAO reported on one case, in fact

The report is timed to the two-day federal trial that starts tomorrow morning that will redraw Kansas’ legislative districts. If the Court were to adopt the House’s proposed map, Kansas would end up with a dubious distinction: having the nation’s most extreme instance of prison-based gerrymandering

The J.P. Morgan Chase JPM -0.68% & Co. unit whose wrong-way bets on corporate credit cost the bank more than $2 billion includes a group that has invested in financially challenged companies, including LightSquared Inc., the wireless broadband provider that this month filed for Chapter 11 bankruptcy

A trade war is brewing over renewable energy imports between the U.S. and China. Last October, several U.S. solar firms filed a federal trade complaint against Chinese companies for “dumping” solar products on global markets to artificially lower prices with a glut of supply. The complaint also

The full details of JP Morgan’s trading strategy aren’t known, but Wallace Turbeville, a former Goldman Sachs investment banker and currently a fellow with public policy think-tank Demos, doesn’t buy the bank’s explanation that it was simply hedging. “How can you possibly lose that kind of money on

The story as it now stands for Facebook's IPO supports a broader narrative depressingly familiar to most Americans: Which is that the stock market is a rigged game.

Americans have been successful at getting some of their debts off their backs, but many still have a long way to go.

David Brooks is no economist and that shows in his recent column about private equity, in which he claims that private equity firms have pushed corporate America to get leaner and smarter. As Paul Krugman pointed out today, nothing of the sort happened -- because, in fact, productivity has not been