A. H. Belo, NY Times Transfer Pension Liabilities
Newspaper publishers de-risk a combined $268.5 million.
Newspaper publishers de-risk a combined $268.5 million.
Markets continue to anticipate muted inflation, and the Federal Reserve to contemplate rate hike in December.
Board votes to liquidate $1.2 million worth of stock in three private prison companies.
However, unfunded status grows as fund continues ‘treading water.’
Oil and gas, and basic material stocks, were the fund’s best-performing investments.
BlackRock and Rhumbline Advisers were among the finalists considered.
Think tank says change will not be enough to stave off budget cuts and tax increases.