The U.S. Department of Labor has obtained a preliminary injunction against two Lexington, Ky.-based pension plan fiduciaries for allegedly using nearly $40 million of retirement funds as their own personal bank account.

Plan sponsors and participants are making the right investment choices to drive costs down.

Allstate Corp.'s profit grew in the second quarter, as the insurer benefited from higher revenue and capital gains, plus lower catastrophe-related losses.

The number of Americans applying for unemployment benefits fell 19,000 last week to a seasonally adjusted 326,000, the fewest since January 2008. The decline shows the job market continues to strengthen.