The San Diego County Taxpayers Association (SDCTA) today released a study that finds contributions to the public retirement system for California’s teachers are continuing to fall short of mandated obligations – by hundreds of millions of dollars – despite a decade of warnings. The California State Teachers Retirement System (CalSTRS) is the 100-year-old Defined Benefit… Keep reading →
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New SDCTA Analysis Finds Local School Districts Drastically Underfunding Pension Costs
By businesswireStudy Says Retailers Have Shared Debit Swipe Fee Savings But Consumers Could Save More if Fed Set Cap Lower
By businesswireThe National Retail Federation welcomed a new study released today that shows retailers have passed along the majority of the savings from debit card swipe fee reform to their customers, and that the resulting increase in consumer spending has boosted job creation across the country. But the study also shows that benefits for consumers and… Keep reading →
JPMorgan Chase reaches settlements with SEC, FCA, OCC and Federal Reserve on CIO trading matter
By businesswireJPMorgan Chase & Co. today announced that it has entered into settlements with the Securities and Exchange Commission, the U.K. Financial Conduct Authority, the Board of Governors of the Federal Reserve System, and the Office of the Comptroller of the Currency regarding the firm’s Chief Investment Office trading incident and its aftermath. Total penalties in… Keep reading →