Obama’s Budget Drops Plan to Limit Social Security Increases
The so-called chained-CPI formula was part of a bid by the president to engage in deficit-reduction negotiations with Republicans.
GOP Jumps on Minimum Wage Job-Loss Report
The CBO report said boosting the minimum wage may cost as many as 500,000 people their jobs.
Congressional Hearing Tackles Long-Term Care Funding Woes
“Our current system of providing long-term care is unsustainable for both the government and for families,” Sen. Ben Nelson warned.
Obama Offering Retirement Savings Plan for Workers
President Barack Obama offered more Americans the chance to save for retirement through payroll deductions with a plan for new government-sponsored savings accounts.
House Passes $1.1 Trillion Government Budget
Lawmakers voted 359-67 to send the measure to the Senate, which is set to pass it later this week.
Budget Bill Nears Senate Passage
The Senate advanced the measure over a filibuster threshold on a 67-33 vote, ensuring it will pass the chamber no later than Wednesday.
Neil Hennessy: Bullish on Market; on Washington, Not So Much
Chairman of Hennessy Funds says American investors are still, understandably, on sidelines, but also argues that the time is right for equities.
Banks' Bad Rap Dampens Advisor Recruiting: SIFMA Panel
How to overcome bad publicity and recruit a new crop of advisors was a hot topic in a breakout session at SIFMA's annual meeting.
Honoring Advisors Who Serve(d): Veterans Day, 2013
Since it’s Veterans Day, it’s time to rerun our slideshow honoring advisors and their partners—and one famous non-advisor, PIMCO’s Bill Gross—who served in the armed forces.
Schwab’s Clark Vows to Take On Washington at Impact 2013
As advisor registrants approach the 1,800 mark, Bernie Clark says Washington advocacy will take center stage at custodian’s annual conference.