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Last week, New York City Comptroller Scott Stringer unveiled a new plan to regulate financial advisers, the first of its kind, that tries to protect the average investor from advisers who don’t have to put their clients’ best interests first.
In the media
Bryce Covert
“Put some mustard on it.” That’s the advice that Chicago McDonald’s worker Brittney Berry allegedly received from her manager after suffering a scalding burn on her arm from the grill used to make eggs. And this was no minor burn – she was eventually taken to the hospital in an ambulance, and had to
In the media
Catherine Ruetschlin
NEW YORK ( MainStreet) — When you stepped foot in your first job out of college, you may have heeded the conventional wisdom and opened a 401(k) account. But you may not have been aware that these retirement accounts don’t come for free.(...)
In the media
Rebecca Borison
Next month, the nation’s biggest minimum wage hike takes effect. But its impact could be dulled if the franchise lobby has its way in court.
In the media
Cole Stangler
It can be hard to make sense of the fees that can accompany a typical 401(k), and that confusion can carry a steep price tag.
In the media
Jason Breslow
For about a month now, New England has been pummeled with massive winter storms, leaving large swaths of the region with feet of snow and frequently making travel impossible.
In the media
Michael Arria
Remember when Walmart got panned for running a Thanksgiving food drive for its own employees—overlooking the irony of demonstrating noblesse oblige by asking customers to subsidize the workers the company itself impoverished? The retail giant took a more strategic approach last week when rolling out
In the media
Michelle Chen
(New York, NY) – Earlier this week, President Obama directed the Department of Labor to begin the rulemaking process for a fiduciary rule, a new regulation that would require financial advisors and brokers to act in the best interest of people saving for retirement. In the new explainer Why the
Press release/statement
The fastest-growing occupation in the U.S. is also among the lowest paid. The aging of America's baby boomers has led to a surge in demand for home care workers to look after the nation's elderly, as well as the disabled and chronically ill. The work is as essential as it is poorly paid. Home health
In the media
Kate Gibson
Phil Ashburn started working at Western Electric in 1972 and stayed there for 30 years, even after the company split up. Eventually he ended up at a phone company called Pacific Bell. “It was a great company to work for. The company took care of you and you took care of the company,” he said.
In the media
Bryce Covert