The movement of funds from employer-sponsored defined benefits plans is a natural result of aging baby boomers looking for ways to generate income needed as they live out their retirement years.

Even before it comes to a vote, retailers like Gap Inc. and Wal-Mart Stores Inc. are weighing the benefits of a proposed increase in the minimum wage.

President Barack Obamas repeated postponement of deadlines in the roll-out of his health care overhaul has sparked accusations from Republicans that hes straying into dangerous territory by rewriting the law.

The owner of Old Navy, Banana Republic and its namesake apparel chain will raise its hourly pay for U.S. employees to $9 in 2014 and $10 the following year.