The lawsuit alleged that UnitedHealth CFO John Rex interfered with the company’s decision to drop “one of the worst-performing target-date options in the entire market.” UnitedHealthcare corporate ...

SAG-AFTRA Health Plan, which provides healthcare benefits to eligible members of the entertainment industry, was hit with three class action lawsuits in California following a data breach incident ...

But the PPI components that feed into the Fed’s preferred inflation measure—the PCE price index—were favorable across the board in November. U.S. wholesale inflation unexpectedly accelerated in ...

Federal Reserve officials capped 2024 with a third-straight interest rate cut and a strong signal that inflation concerns are back in the fore. Chair Jerome Powell put it plainly: The central bank’s ...

In his first term, Trump bashed the Fed for allowing higher interest rates in the U.S. vs. Europe to drive up the dollar and hurt exports. Next year will likely bring more of the same, as the U.S.

Nevertheless, the Fed may feel compelled to raise interest rates as soon as the first signs of a tariff-led bump in inflation emerge. The Port of Los Angeles. Credit: Eric Thayer/Bloomberg. Donald ...

However, high borrowing costs—which have kept the sector in a downturn for the past two years—may stay elevated for some time. A robotic machine moves boxes of chocolate. Photographer: Ryan ...

An employee scans an item at a fulfillment center in Robbinsville, New Jersey. Photographer: Bess Adler/Bloomberg. U.S. hiring picked up in November and the unemployment rate increased, pointing to a ...

Moody’s Ratings updated its policies to make it simpler to determine how much of hybrid bond issues to consider as equity. “That shift in methodology helped to fuel the rebirth of this market.” The ...

The core CPI increased 0.3% for a fourth straight month, solidifying bets that the Fed will lower interest rates next week. A shopper in the toy aisle of a Target store in Chicago. Photographer: ...

Subway feeds millions of people, in nearly 37,000 restaurants across more than 100 countries, every day. When a new management team took over in 2019, the company was one of the world’s largest ...

Employees of Seattle-based Weyerhaeuser Company filed a class-action lawsuit over the transfer of plan assets to Athene Annuity & Life Assurance, alleging a breach of fiduciary duty, according to law ...