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U.S. Federal Reserve policymakers rejected June as a date to begin raising interest rates, according to minutes from their April meeting. Their feeling was that data by then would provide insufficient justification, although they expected a pickup in the economy […]

The U.S. Supreme Court has ruled that employers providing 401(k) plans have an ongoing duty to review investments offered. It’s necessary to “monitor trust investments and remove imprudent ones,” according to the ruling. A six-year statute of limitations on breach […]

Advertisement MAY 18, 2015 SIGN UP | FORWARD | ARCHIVE | ADVERTISE Brought to you by the American Institute of CPAs   Top Story Advertisement More data point to weakening U.S. economy Fairly encouraging U.S. employment numbers are unlikely to […]

The four-week average of initial unemployment claims reached its lowest level in 15 years, the Labor Department said. Claims last week fell by 1,000, to 264,000, more than analysts predicted.

The AICPA on Thursday released a six-point plan with recommendations for improving audit quality, which covers several stages in the process of being or becoming an auditor.

Traders pulling out of bets that interest rates will hold at historically low levels have sent the yield on the benchmark 10-year Treasury bond soaring. A rout in fixed-income securities that started in Europe last week has spread to the […]

Recent hires show that many companies are looking for CFOs who have worked in financial services, and investment banking in particular. Executives with experience in investment banking are often adept at successfully deploying capital, said Bryan Proctor of Korn/Ferry International.

After a U.S. April employment report last week that was cause for relief but not jubilation, markets will be watching this week’s retail sales figures for further clues to the true state of the economy. Analysts say the second quarter […]

Employers added 223,000 jobs last month, and the unemployment rate declined to 5.4%, data show. April’s jobs report is stronger than the surprisingly weak one for March, when the economy added the fewest jobs since December 2013.