401k
By Daniel Wiessner (Reuters) -A federal judge in Texas on Friday said American Airlines (NASDAQ:) violated federal law by basing investment decisions for its employee retirement plan on environmental, social and other non-financial factors. The ruling by U.S. District Judge Reed O’Connor appeared to be the first of its kind…
The stock-market downturn on Monday was sparked partly by a rise in panicked speculation about whether a recession was coming — and with that came fears about what the sell-off might mean for retirement accounts such as 401(k)s, which are often heavily invested in stocks.But by Thursday, the headlines were…
