Here’s why you may be saving more in your 401(k) — and not even know it

You may be saving more money for retirement and not even know it. An increasing share of employers are automating how people save in their company 401(k) plans, in a bid to overcome the inertia that often keeps us from building a nest egg. “Automatic escalation” — or auto-escalation, for short — is one of those popular mechanisms. It […]

Asian stocks fall amid China-EU trade jitters; inflation in focus

Most Asian stocks fell on Monday, with Chinese markets leading losses on the prospect of a trade war with the European Union, while anticipation of key U.S. inflation data also kept sentiment on edge. Regional markets took middling cues from Wall Street, as a mix of profit-taking and rate fears saw U.S. stock indexes slip […]

Berkeley seeks $1 bln in damages from Spain over uranium mine dispute

Australian mining group Berkeley Energia (BKY.L), opens new tab said on Tuesday it had filed a request for an arbitration to seek $1 billion in damages from the Spanish government after it refused to give final approval for its uranium mine project. The Retortillo project, Berkeley’s main asset, received preliminary approval in 2013, but Spain’s Energy Ministry […]