U.S. Department of Labor - Page 5 of 6 - Providence Business News

BEST INTEREST: From left, Merrill Lynch Wealth Management officials Diane Fiore, senior client associate; Brendan McCarthy, senior vice president, wealth management; and Edythe M. DeMarco, managing director of wealth management, meet at their Providence office. DeMarco says her firm acts in the best interest of clients and is in favor of the fiduciary rule that would require the same. / PBN FILE PHOTO/RUPERT WHITELEY

Wealth managers divided on delay of fiduciary rule implementation

Financial Services 12/15/2017

The decision to once again delay full implementation of the so-called fiduciary rule comes with a sigh of relief to some financial planners not...

BEGINNING IN JANUARY, students enrolled in any undergraduate major at Salve Regina University will be able to pair their studies with an interdisciplinary, 15-credit cyber resiliency concentration. / COURTESY SALVE REGINA UNIVERSITY

Salve Regina to offer interdisciplinary cyber resiliency concentration

Education 11/03/2017

NEWPORT – Beginning in January, Salve Regina students enrolled in any undergraduate major can now pair their studies with an interdisciplinary, 15-credit cyber resiliency...

CONSUMER-PRICE INDEX rose 1.9 percent year over year. / BLOOMBERG FILE PHOTO/VICTOR J. BLUE

U.S. inflation picks up, ending five-month streak of misses

Economic Activity 09/14/2017

NEW YORK - Inflation may finally be getting back on track to reach the Federal Reserve’s goal, as the United States cost of living...

THE U.S. DEPARTMENT of Labor has awarded over $2 million in pre-apprenticeship grants to two Providence metropolitan area nonprofits.

DoL grants $2M in pre-apprentice grants to Providence Metro nonprofits

Nonprofit & Education 08/18/2017

PROVIDENCE - The U.S Department of Labor awarded over $2 million in pre-apprenticeship grants to two Providence metro area pre-apprenticeship programs. Nationwide, the Department...

THE TRUMP ADMINISTRATION is moving to further delay part of an Obama-era fiduciary rule. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Trump administration seeks further delay in labor fiduciary rule

Financial Services 08/10/2017

NEW YORK - The Trump administration is moving to further delay part of an Obama-era rule to require brokers who offer retirement advice to...

MASSACHUSETTS SECRETARY OF THE COMMONWEALTH William F. Galvin, a strong proponent of the U.S. Department of Labor’s fiduciary rule, which is designed to reduce conflicts of interest for brokers offering retirement service, says he is dismayed by U.S. Securities and Exchange Commissioner Michael Piwowar’s comments last week denouncing the new rule. /COURTESY MASSACHUSETTS SECRETARY OF STATE'S OFFICE

Galvin warns against Piwowar’s disapproval of DOL fiduciary rule

Financial Services 08/01/2017

BOSTON – Secretary of the Commonwealth William F. Galvin is pushing back on remarks made by a U.S. Securities and Exchange commissioner. Galvin, a strong...

VETERANS INC. RECEIVED a $309,000 federal grant for its Homeless Veteran Reintegration Program.

Veterans Inc. awarded $309K federal grant

Nonprofit 07/28/2017

NEW BEDFORD – Veterans Inc. – a New England veterans’ nonprofit support organization – has received a $309,000 grant from the U.S. Department of...

JAMIE WORRELL is the managing director and founder of Strategic Retirement Partners. /COURTESY JAMIE WORRELL

Five Questions With: Jamie Worrell

Financial Services 06/27/2017

Jamie Worrell is the managing director and founder of Strategic Retirement Partners. Like most of the retirement-investment industry, Worrell has watched closely as the U.S....