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Data and Research
Researchers Uncover Different Way to Encourage Retirement Savings
Researchers Uncover Different Way to Encourage Retirement Savings
Research examined the effects of establishing future dates as new beginnings and opportunities to save for retirement
Deals and People
Retirement Industry People Moves
TRA adds director of client services and Ameritas announce new executive vice president.
Most Read
Data and Research
Millennials Retirement Readiness Fell the Most From 2020
Deals and People
Cambridge Associates Names New President, Head of Investing
Data and Research
Pension Risk Transfers Continue to Skyrocket in Q1
Economic Events
Tomorrow, the Bureau of Labor Statistics will reveal the producer price index for February. Wednesday, the Census Bureau will report about retail sales for February and business trade for January. Thursday, the Labor Department will issue its initial claims report, Freddie Mac will update average mortgage rates for the week, and the Census Bureau will report about housing starts for February. Friday, the National Association of Realtors will report about existing home sales for February.
Market Mirror
Friday, the Dow closed 229.88 points (0.69%) lower at 32,944.19, the Nasdaq lost 286.15 points (2.18%) to finish at 12,843.81, and the S&P 500 decreased 55.21 points (1.30%) to 4,204.31. The Russell 2000 was dropped 32.00 points (1.59%) to 1,979.67, and the Wilshire 5000 fell 638.29 points (1.49%) to 42,305.60.

The price of the 10-year Treasury note was unchanged, with its yield up to 1.998%. The price of the 30-year Treasury bond was up 4/32, decreasing its yield to 2.350%.

For the week ending March 11, the Dow decreased 1.99%, the Nasdaq fell 3.53%, and the S&P 500 lost 2.88%. The Russell 2000 was down 1.06%, and the Wilshire 5000 finished 2.83% lower.
TRENDING: DOL Announces Fiduciary Responsibilities Webcast Series
The three-part series will cover how ERISA applies to employer-sponsored retirement and health plans and offer information about avoiding common problems.
intellicents Offers Financial Planning for Participants Through New App
The lifesteps app collects participant data to provide a foundational financial plan for every participant.
Small Talk
ON THIS DATE: In 1794, Eli Whitney received a patent for his cotton gin. In 1879, Albert Einstein was born, the son of a Jewish electrical engineer in Ulm, Germany. In 1900, U.S. currency went on the gold standard with the ratification of the Gold Standard Act. In 1914, Henry Ford announced the new continuous motion method to assemble cars. The process decreased the time to make a car from 12.5 hours to 93 minutes. In 1950, the Federal Bureau of Investigation instituted the “Ten Most Wanted Fugitives” list to publicize particularly dangerous fugitives. In 1964, Jack Ruby, the Dallas nightclub owner who killed Lee Harvey Oswald—the accused assassin of President John F. Kennedy—was found guilty of the “murder with malice” of Oswald and sentenced to die in the electric chair. In 2018, English theoretical physicist Stephen Hawking, who was best known for his work on the physics of black holes and for the book “A Brief History of Time: From the Big Bang to Black Holes” (1988), died at age 76.
SURVEY SAYS RESPONSES: Last week, I asked NewsDash readers, “How do you feel about your work-life balance and how often do you work outside of normal business hours?” The majority indicated they were at least somewhat satisfied, although a majority also reported they work outside normal business hours and on vacation. Readers shared some “rules to live by” for achieving better work-life balance. In general comments, most seemed satisfied with their work-life balance. But, the few that are not shared what they thought contributed to their dissatisfaction. Many commenting readers shared that working from home during the pandemic gave them better work-life balance, but that’s because they set rules for themselves. Editor’s Choice goes to the readers who said: “Just do it! Closely guard your personal life and don’t let those lines blur. You don’t want ‘she was a great employee’ on your tombstone,” and “It should be called life-work balance!” A big thank you to all who participated in our survey!
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