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Mastech Digital Adds 9{98cae0078f524eff3ab8ec32cf55b261677ef6c8a6ed6e94d92a4234b93f46b6} More Staffing Consultants Proving the Economic Recovery is Underway

Bloomberg

Bonds Beat Stocks at Pension Funds, Turning 60/40 Inside Out

(Bloomberg) — The debate over the traditional 60/40 portfolio seems endless, but for pensions at least, it’s over — and bonds won.The retirement funds of the top 100 U.S. public companies, with combined assets of about $1.8 trillion, have ratcheted up their fixed-income allocations to a record level. At the end of their last fiscal year, they held 50.2{98cae0078f524eff3ab8ec32cf55b261677ef6c8a6ed6e94d92a4234b93f46b6} of assets in debt, while slashing money parked in equities to an all-time low of 31.9{98cae0078f524eff3ab8ec32cf55b261677ef6c8a6ed6e94d92a4234b93f46b6}, according to a recent report from pension advisory firm Milliman Inc.The shift, part of

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Posted On : Published By : Mark Jensen
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As staffing woes continue, some restaurants turn to technology

Photograph courtesy of Bite Ninja

Until about five years ago, Kenzie Williford worked in a restaurant. Then she had her first child and became a stay-at-home mom, putting foodservice behind her to take care of her kids, ages 5 and 2.

But a couple of months ago, Williford heard about an intriguing opportunity: She could work for her old restaurant, Baby Jack’s BBQ in Memphis, without leaving her house. 

It came from Will Clem, the co-founder of Baby Jack’s, who in February launched a new company called Bite Ninja that connects restaurants with remote workers who can beam in to

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Posted On : Published By : Mark Jensen