The Labor Department’s Employee Benefits Security Administration (EBSA) issued a proposed regulation Monday (March 30) that it said would expand access to alternative investments in 401(k) plans. The proposed rule would clear regulatory burdens and lower litigation risks for prudent fiduciaries, thereby increasing the number...
The Bureau of Labor Statistics (BLS) is postponing its annual consumer spending report. The announcement Friday (Sept. 19), presented without explanation, follows President Donald Trump’s recent firing of the bureau’s head. “The 2024 Consumer Expenditures annual data release scheduled on September 23, 2025, will be...
The Department of Labor’s Employee Benefits Security Administration has rescinded a 2022 compliance assistance release that directed fiduciaries to exercise “extreme care” before adding cryptocurrency options to the investment menus for 401(k) retirement plans. The language in the 2022 guidance was not in line with the requirements of...
The Bureau of Labor Statistics (BLS) is changing how it announces data after an incident in which a data release was delayed but the information was shared with some external users who called or emailed to ask about it. This incident — which centered on a...
November 14, 2023
Inflation, overall, is scaling back from a formerly torrid pace as prices at the pump recede. But the fact remains that everyday essentials — namely food and clothing — are more expensive as of October. The latest reading of the Consumer Price Index shows that the headline rate of inflation was unchanged in October, month […]
April 22, 2026
The Department of Labor has proposed a rule clarifying joint employer status under federal wage and hour laws, saying the proposal would make it simpler for employers to comply with the laws and for employees to understand their rights. Announced by the Department’s Wage and Hour Division, the proposed rule would address joint employer status under the Fair Labor Standards Act, […]
March 30, 2026
The Labor Department’s Employee Benefits Security Administration (EBSA) issued a proposed regulation Monday (March 30) that it said would expand access to alternative investments in 401(k) plans. The proposed rule...
September 21, 2025
The Bureau of Labor Statistics (BLS) is postponing its annual consumer spending report. The announcement Friday (Sept. 19), presented without explanation, follows President Donald Trump’s recent firing of the bureau’s...
August 28, 2024
The Bureau of Labor Statistics (BLS) is changing how it announces data after an incident in which a data release was delayed but the information was shared with some external users...