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From Bank Stocks To Your Bank Account: Here's Everything You Need To Know About The Fiduciary Rule
Friday, February 10, 2017 - 4:13pm | 984Read More...A federal court on Thursday upheld the Labor Department's Fiduciary rule, in defiance of a Trump executive order signed on Feb. 3, which sought rescinding the rule enacted by his predecessor The executive order, though not taking effect immediately, sought the Labor Department to review options...
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U.S. Department Of Labor Slaps Discrimination Suits On Oracle, JPMorgan
Wednesday, January 18, 2017 - 4:17pm | 359Read More...The U.S. Department of Labor disclosed the filing of two lawsuits on Wednesday, one against Oracle Corporation (NYSE: ORCL) for discriminatory employment practices, and another against JPMorgan Chase & Co. (NYSE: JPM) for discriminatory pay practices against female employees. Per the...
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This Wealth Management-Disrupting Fintech Company Launches A New Look
Friday, October 14, 2016 - 2:48pm | 623Read More...The centuries-old business of wealth management, like the rest of finance, is undergoing massive changes. Many experts view the current capital markets as frothy, and investors are wary of asset prices that can change rapidly with the mood of the market. Seemingly in tandem with a year of market...
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What Is The Jobs Report And How Is It Compiled?
Wednesday, August 10, 2016 - 2:58pm | 259Read More...The first Friday of every month is very important to investors and traders as the U.S. Department of Labor's Bureau of Labor Statistics releases a report called the "Employment Situation Summary" - or Jobs Report for short. The Jobs Report is one of the most important gauges of...
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Sustainable Investing With A New ETF
Monday, April 25, 2016 - 2:04pm | 506Read More...Whether its a fund focused on clean energy stocks or one that tracks a benchmark excluding carbon-producing companies, there is no shortage of exchange-traded funds on the market today focusing on the sustainable investing theme. That group grew by one last week with the debut of the iShares...
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Jobs Data Roundup: Jobless Claims Rise, Hourly Wages Up Slightly
Thursday, March 3, 2016 - 2:31pm | 605Read More...Initial jobless claims increased by 6,000 over last week, according to Department of Labor data released Thursday morning. 278,000 people filed for unemployment insurance for the first time last week. Estimates pegged the number at 271,000. The four-week moving jobless claim fell 1,750 to 207,250....
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U.S. Steel Being Sued By Department Of Labor
Tuesday, February 23, 2016 - 1:14pm | 306Read More...Shares of United States Steel Corporation (NYSE: X) were trading lower by around 6 percent on Tuesday following a sector-wide downgrade by analysts at Cowen. Investors and traders were also reacting to news reports that the company is being sued by the U.S. Department of Labor. According to...
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Unemployment Claims Rise Slightly; S&P ETF Sees Resistance
Thursday, January 21, 2016 - 1:29pm | 253Read More...The Department of Labor released data that indicated 10,000 more people filed for unemployment for the first time last week than the week ending January 9, bringing the total number of initial claims to 293,000 from 283,000 the previous week. Analysts consider initial claim figures of under 300,...
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Jobless Claims Post Larger Than Expected Rise, Eyeing the FOMC
Thursday, October 18, 2012 - 9:06am | 414Read More...Initial jobless claims rose more than expected in the week ending October 12, with initial claims printing at 388,000, well above the consensus estimate of 365,000 new claims. The rise in claims is being attributed to a statistical quirk which saw the previous week's reading drop unexpectedly. At...
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Initial Jobless Claims: Labor Market Continues to Struggle
Thursday, June 28, 2012 - 9:15am | 458Read More...In its weekly report, the U.S. Department of Labor said, for the week ending June 23, the advance figure for seasonally adjusted initial claims was 386,000. This reading was higher than the consensus estimate of 385,000, but decreased 6,000 from the previous week's revised figure of 392,000....
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Sunlight is the Best Disinfectant
Tuesday, April 10, 2012 - 7:48pm | 556Read More...Many parts of the United States had an unexpectedly mild winter and a rather warm, sunny and early, start to spring. This summer should prove to bring even more sunlight, both literally and figuratively, as a new regulation takes effect that aims to provide more transparency to the often...
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Earnings Preview for Automatic Data Processing (ADP)
Friday, April 29, 2011 - 11:40am | 261Read More...Automatic Data Processing (NASDAQ: ADP) will be reporting fiscal third-quarter 2011 results after the market closes on Monday, April 28. Analysts are looking for the employer services company to announce that per-share earnings rose 7.1% from a year ago to $0.85. The consensus estimate is unchanged...
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Jobless Claims Drop As Chicago PMI Soars, But Is It Enough?
Thursday, December 30, 2010 - 3:31pm | 389Read More...The big news today is that jobless claims have dropped to its lowest number since July 2008. The U.S. Department of Labor said that 388,000 people filed claims, down from 422,000 filed the previous week. At the same time, the Chicago PMI (an index that gauges manufacturing activity), has blown away...
