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Claims by politicians and industry lobbyists (is there a difference?) suggest costs will increase if the DOL changes the definition of Fiduciary. Heres a way to test that hypothesis.

Rattled by all the chaos and unpredictability in the markets? Get used to it. Predictions from global professional services company Towers Watson say dramatic financial developments over the past week or so like S&Ps downgrade are likely to keep happening for a number of years.

Employers posted more job openings in June, a sign that hiring could improve a bit in the coming months.

The turmoil on Wall Street has hit the nation's largest public pension fund, which lost about $18 billion off the value of its stock portfolio from July 1 until Tuesday's market rebound.

Officials from labor unions representing most of Michigan's state employees said Tuesday they plan to bargain together as contract talks escalate.

A stand by Wisconsin Republicans against a massive effort to oust them from power could reverberate across the country as the battle over union rights and the conservative revolution heads toward the 2012 presidential race.

So much for the Fed-inspired rally. Investors' attention has turned back to the weak economy and that's bad news for stocks.

Just when they thought it was safe to go back in the water, many 401(k) investors who were regaining their comfort level with the stock market took another hit.