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Surge in January payrolls, wages dampens hopes for March rate cut
Nonfarm payrolls surged 353,000 in January, and average hourly earnings jumped 0.6%.
Solid payroll gains seen cutting chances for March rate cut
Futures are now pricing about 135 basis points of Fed rate cuts this year, down from more than 150 basis points earlier in the week.
401(k)s a better recruiting tool than cash, study says
New research found workers are willing to give up some income for access to a 401(k) and employer contributions.
Where you live correlates with old-age employment: Report
Areas with high racial diversity, concentrations of low-wage jobs, higher mortality rates and other factors tend to have lower employment rates for people 60 to 69, according to a recent NBER paper.
Securities America warns of service slowdown as consolidation begins
Advisers are experiencing "longer than usual wait times," according to a memo
Plan advisers may lose business as 401(k) sponsors struggle
As unemployment claims hit an all-time high, companies are considering ways to cut costs
Jobs outlook was rosy in June
The economy added 132,000 new jobs in June and the unemployment rate remained at 4.5%, according to a Department of Labor report.
Private-sector jobs accelerate in June
The private sector added 150,000 new jobs in June, the fastest growth rate in seven months.
Leading manufacturing indicator rises
The ISM manufacturing index rose to 56% in June, from 55% in May.
