23-01060.pdf

The ERISA Industry Committee filed an amicus brief urging the U.S. 6th Circuit Court of Appeals to support the district court’s dismissal of claims that Progressive’s employee health plan violated ERISA. In Greene v. Progressive Corp., two plan participants sued Progressive in 2024, alleging that the company improperly charged higher health plan premiums to employees…

Coupes are two-door cars designed for singles, couples without kids (or empty nesters) and drivers looking for fun out of their daily drivers. There are plenty of excellent new coupe options on the market ranging from affordable to performance oriented. The ultimate enthusiast options are often coupes from brands like BMW, Toyota and more. Here…

Think Microsoft is overspending on AI? A Bernstein analyst says the company is actually taking a “measured” approach.

When drivers shop for replacement tires, efficiency is not normally a priority for many. That may soon change: California announced Aug. 17 that it will implement the nation’s first energy-efficiency standards for replacement tires. Traditionally, tires that come on new cars are designed to provide better fuel mileage. When it is time to replace them,…

Goldman Sachs Asset Management announced Wednesday an agreement to acquire exchange-traded-fund provider NEOS Investments, which specializes in derivatives-based income ETFs. NEOS [Next Evolution Options Strategies] manages $30 billion across 19 options-based ETFs, which will complement Goldman Sachs’ $40 billion in income- and outcome-oriented options-based ETFs. When combined, GSAM will manage $130 billion in ETF assets across…

A trader works on the floor of the New York Stock Exchange. NYSE Treasury yields were little changed on Tuesday as investors monitored tensions in the Middle East and looked ahead to inflation data due later in the week. The yield on the 10-year Treasury note — the main benchmark for mortgages, auto loans and…