U.S. public pension investments jump, costs surge too
WASHINGTON (Reuters) - Asset values at U.S. public pension funds rose 8.4 percent in the latest fiscal year to the highest level in more than 40 years, but their costs...
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SEC to unveil CEO pay ratio rule, adopt municipal adviser rule
WASHINGTON (Reuters) - U.S. corporations will need to disclose how their chief executive's paycheck compares to that of their average worker under a proposal set to be unveiled on Wednesday...
U.S. internet sales tax bill to follow seven principles
WASHINGTON (Reuters) - Legislation that the U.S. House of Representatives will soon take up on allowing states to tax online purchases will follow seven major principles, including keeping the system...
U.S. internet sales tax bill to follow seven principles
WASHINGTON (Reuters) - Legislation that the U.S. House of Representatives will soon take up on allowing states to tax online purchases will follow seven major principles, including keeping the system...
U.S. municipal bond market braces for tax overhaul
WASHINGTON (Reuters) - Weeks before lawmakers unveil a proposed overhaul of the U.S. tax code, investors and firms tied to the municipal bond market are trying to head off their...
Moody’s: Outlook for U.S. states improves after five years
(Reuters) - Moody's Investors Service on Tuesday revised its outlook for U.S. states to stable from negative, marking a significant improvement in its assessment of state finances after cutting its...
‘No Bailout’: Senators look to pre-empt U.S. aid to Detroit
WASHINGTON (Reuters) - Republicans in the Senate want to make sure the federal government does not become involved in the financial maelstrom hitting Detroit, which filed for the largest municipal...
Online tax would help U.S. economy: conservative economist Laffer
WASHINGTON (Reuters) - Legislation to allow U.S. states to collect sales taxes on purchases made online is garnering support from both sides of the political spectrum, with a leading conservative...
Senator Hatch says insurance firms can ease U.S. pension crisis
WASHINGTON (Reuters) - A top Republican senator unveiled legislation on Tuesday that would radically change public pensions by having life insurance companies pay benefits through annuity contracts, helping to alleviate...
Senator Hatch says insurance firms can ease U.S. pension crisis
WASHINGTON (Reuters) - A top Republican senator unveiled legislation on Tuesday that would radically change public pensions by having life insurance companies pay benefits through annuity contracts, helping to alleviate...