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April 30th, 2020 |
 | Keeping Up With the WorkplaceThe financial advising industry has not only a scarcity of women but a well-known diversity gap. In 2018, only 5% of financial advisers identified as black or African American, slightly less than 7% as Asian and 6.6% as Hispanic or Latino, says the Bureau of Labor Statistics’ Current Population Survey (CPS).
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Sponsored message from John Hancock | State of the participant 2020: readiness within reach | Reflections on retirement readiness and ideas for improvement
Read more > | | Retirement Plans Get Relief for Certain Requirements |
The agency is relaxing timing rules for certain actions and notices if timing is affected by the COVID-19 outbreak.
Read more > | | Judge Dismisses ERISA Lawsuit Against Trader Joe’s |
The plaintiffs sued for failing to seek competitive bids for recordkeeping, but admitted to not knowing the amount Trader Joe’s paid in recordkeeping fees.
Read more > | | Market Mirror | Wednesday, the Dow was up 532.31 points (2.21%) at 24,633.86, the NASDAQ gained 306.98 points (3.57%) to finish at 8,914.71 and the S&P 500 increased 76.12 points (2.66%) to 2,939.51. The Russell 2000 climbed 78.89 points (6.15%) to 1,360.76, and the Wilshire 5000 closed 842.87 points (2.92%) higher at 29,719.10.
The price of the 10-year Treasury note was down 1/32, increasing its yield to 0.626%. The price of the 30-year Treasury bond fell 1 1/32, bringing its yield up to 1.245%.
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