Fiduciary responsibilities can be stressful for any business administering a 401(k) plan, with investment-related responsibilities being especially daunting. One of the most difficult investment-related responsibility is ensuring participants are paying reasonable fees for their mutual funds. This can prove to be difficult to find the cheapest, yet most effective option due to the sheer amount
Jin Lee | Bloomberg | Getty Images GrubHub is McDonald’s newest delivery partner as the fast-food giant looks to make delivery a $4 billion business for the company this year. Shares of the delivery provider jumped 4% in extended trading Thursday evening. McDonald’s said Thursday that about 500 New York City and tri-state area locations
Aaron Levie Dan Edblom | CNBC Box co-founder and CEO Aaron Levie told CNBC on Thursday that his company will take a collaborative approach to working with activist hedge fund Starboard Value, which disclosed a 7.5% stake in the cloud software provider earlier this week. “We’re very aligned with Starboard’s interests,” Levie said in an
The National Football League was on the brink last year. Not of death, but of the type of loss of relevance that has humbled baseball and boxing over the past generation or so. Now as the NFL’s 100th season kicks off this week, there’s a sense of fresh energy. But if football’s going to make
In this photo illustration, a visual representation of a cryptocurrency sits on display in front of a Facebook logo. Chesnot | Getty Images When it comes to the development and regulation of cryptocurrencies, many in Washington have been producing more heat than light. By all accounts, the crypto industry and its dozens of digital asset
For tennis great Andy Roddick, there’s one important rule that works both on the court and in the world of investing. “Even if you’re intimidated by words like ‘volatility’ and you think the world’s going mad … be disciplined with what you put away monthly,” the one-time U.S. Open champ told CNBC’s “Fast Money: Halftime
You’ve seen the frightening student loan statistics, such as the $1.5 trillion in outstanding debt they now represent. And if you’re a parent of a teenager or twentysomething, you’ve probably lived them. (A recent Bloomberg BusinessWeek report said some recent college grads have so much debt and are chipping away at it so slowly, some
Photo by Eduardo Munoz Alvarez/Getty Images) There’s $700 million of student loan forgiveness up for grabs on a first-come, first-served basis. Here’s what you need to know and how to apply. Student Loan Forgiveness See if you can follow this story. The federal government offers a student loan forgiveness program. Student loan borrowers who think
The tarp covers the field before a baseball game between the Washington Nationals and the New York Mets at Nationals Park, Sunday, Sept. 23, 2018, in Washington. (AP Photo/Andrew Harnik) ASSOCIATED PRESS New York Times reporters Jesse Drucker and Eric Lipton wrote a well-reported piece the other day on the Tax Cuts and Jobs Act’s Opportunity Zone (OZ) provisions.
A concept of what General Motors’ new infotainment system will look like once Google Assistant is integrated into its vehicles beginning in 2021. GM DETROIT – General Motors and Google are teaming up to install the tech giant’s voice assistant and apps, including Google Maps, into GM vehicles beginning in 2021. The partnership, announced Thursday,
Stewart Butterfield, co-founder and CEO of Slack, at the 2018 WEF in Davos, Switzerland. Adam Galica | CNBC Slack, maker of the popular workplace chat app, will release its first earnings report as a public company after the market close on Wednesday. Here are the numbers to watch for the company’s fiscal second quarter: Earnings:
President Donald Trump and China’s President Xi Jinping make joint statements at the Great Hall of the People in Beijing, Nov. 9, 2017. Jonathan Ernst | Reuters The previous 18 months of trade talks between the U.S. and China have only led to more tit-for-tat tariffs, but this time it might be different, according to
Lyft CEO Logan Green (R) and President John Zimmer (2nd R) speak before the Nasdaq opening bell celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angeles, California. Mario Tama | Getty Images News | Getty Images Here are the biggest calls on Wall Street on Thursday: Deutsche Bank initiated Lyft
If you feel like spending on your kids took a toll on your summer budget, you’re not alone. A new survey from TD Ameritrade finds that 52% of parents with children under 18 spent more than they intended to this summer. Hero Images | Getty Images The average summer debt for parents with children under
Trump’s Trade War Is Hurting Manufacturing Getty President Trump’s trade war is taking a toll on the economy. Manufacturing is already feeling much of the fallout due to the higher costs, fewer overseas market and greater economic uncertainty. Yet manufacturing jobs aren’t distributed evenly across the country. Not surprisingly, employment growth has slowed more in
Getty Genetic testing kits are all the rage these days – and recent tax news may make it even more affordable. Taxpayers may now get a tax break for some testing, piquing interest for some taxpayers. Unfortunately, the increased popularity also makes genetic testing kits ripe for scammers. The U.S. Department of Health and Human
The United States is one of the 20 most dangerous places to live in the world, and critics blame much of it on gun-related crime. Getty Gun violence regularly tops the news in the United States, and the impact is far-reaching , according to a new survey from InterNations, a global community and information site for people
Susan Wojcicki, CEO, YouTube speaking at #VidCon, July 23, 2015. Harriet Taylor | CNBC Momentum is building in Washington to crack down on Big Tech’s most free-wheeling practices: the Department of Justice is conducting a broad review of tech companies in addition to a reported antitrust investigation of Google, and Facebook disclosed a new antitrust
French bank Societe Generale’s headquarters in Paris. Chesnot | Getty Images News | Getty Images Banks must be prepared for interest rates to remain low for a longer time — which will squeeze profitability for lenders, deputy chief executive of Societe Generale said on Thursday. Low interest rates have been one of the biggest challenges
President Donald Trump answers questions in the Oval Office of the White House in Washington, August 20, 2019. Kevin Lamarque | Reuters Citi no longer sees a conclusion to the trade war with China before the next U.S. presidential election, the investment bank said in a research report on Wednesday. “[The] base case for the