A company that the government paid to distribute “Obamaphones” — the nickname critics gave to government phones given to poor people — has agreed to pay $13.4 million to settle a case alleging that it doled out devices to tens of thousands of people who didn’t deserve them.
The big retirement bill that the House passed this week, known as Secure 2.0, has several provisions that would mean more taxpayers can get Roth money into their nest eggs—and in some cases mandates Roth contributions.
For just the third time in recorded history, farmers will be planting more soybeans than corn as they grapple with the rising cost of fertilizer — a cost that will almost certainly be passed on to consumers.
Much of the commentary about the Ukraine war’s implications for the investment-management industry has tended to be both immediate and narrow, particularly in discussions about the spillovers for different segments.
Global green financing, aimed at environmentally friendly projects around the world, has grown over 100 times in the past decade, a new study from the TheCityUK and BNP Paribas showed.
U.S. stocks edged lower on Thursday on worries about the raging conflict in Ukraine and the outlook for U.S. interest rate hikes, putting the main indexes on course for their worst quarter since the pandemic crash in 2020.
America's employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy's resilience in the face of a still-destructive pandemic and the highest inflation in 40 years.
