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Despite the unstable economy, employers remain committed to 401(k) plans.

Applying for benefits under President Barack Obama's health care overhaul could be as daunting as doing your taxes.

Federal authorities announced Monday that Illinois has agreed to settle a securities-fraud charge that accused the state of misleading investors about the financial health of its public-employee pension systems, which are now $96.7 billion short of what's needed to cover promised retirement benefits.

DOL has bitten off such a huge issue, it will take a lot of time to get through the reproposal, Campbell of Drinker Biddle says.

Federal employee labor unions are trying to soften the blow for more than 1 million government workers who may be forced to take unpaid time off if mandatory budget cuts kick in this week.

The U.S. Department of Labor and Cleveland-based Sherwin-Williams Co. have agreed to an $80 million settlement in which those funds are to be distributed to current and past participants of its employee stock purchase and savings plan.

Republicans and other fiscal conservatives keep insisting on more federal austerity and a smaller government. Without much fanfare or acknowledgement, they've already gotten much of both.

What does smaller government look like? The budget standoff between President Barack Obama and congressional Republicans means Americans may soon find out, and the picture the Obama administration sketches is downright scary.