Morgan Stanley was hit with a class action lawsuit Friday, filed on behalf of 60,000 workers claiming the company mismanaged their retirement plans by offering poorly performing funds and charging excessive fees.
If there is a silver lining for writers and editors at Gawker Media's flagship site, which will cease operations next week, it's that, for now, they still have jobs.
There's been a surge in middle class jobs in the past three years after years of job growth at opposite ends of the income spectrum, according to the New York Federal Reserve.
Immigrants in the U.S., have a lower unemployment rate (4.3%) than native-born U.S. citizens (4.9%). They also participate more in the economy, meaning they're either working or looking for work.