Bloomberg

Bloomberg
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RIA NEWS JUL 24, 2008
Beige book paints dark economic picture

Economic activity has slowed in the past month, with Americans buying fewer goods in all categories.

REGULATION AND LEGISLATION JUL 24, 2008
Congress passes sweeping housing bill

The bill would provide $300 billion in funding to troubled homeowners and aid the ailing Fannie Mae and Freddie Mac.

EMERGING MARKETS JUL 23, 2008
Global institutional investors take heart

Confidence among global institutional investors rose this month, but was weak on the home front, according to a survey.

LIFE INSURANCE AND ANNUITIES JUL 23, 2008
NYLI launches five-year fixed annuity

The Select 5 fixed-interest annuity is a single-premium product that is guaranteed for five years.

WOMEN ADVISOR COMMUNITY JUL 23, 2008
Study: Women fear retirement more than men

They have reason to be nervous: Women work 12 fewer years than men on average and have less put away for retirement.

RIA NEWS JUL 23, 2008
Report: Cuomo set to charge UBS with fraud

This could be the first of several cases arising from an investigation into the auction rate securities market.

RIA NEWS JUL 23, 2008
WaMu, E*Trade, AMG and Raymond James

E*Trade Financial reported a second-quarter earnings loss of $94.6 million compared to a net income gain of $159.1 million a year ago.

RIA NEWS JUL 22, 2008
Wachovia, Fifth Third, CME

Wachovia reported a second-quarter loss of $8.9 billion, or $4.20 per share, while slashing its dividend by 87%.

PRACTICE MANAGEMENT JUL 22, 2008
SEC issues alert to aid CCOs

The SEC has released its second ComplianceAlert aimed at providing guidance to chief compliance officers.

RIA NEWS JUL 22, 2008
Paulson: More economic bumps lie ahead

There will be conintued stresses "until the housing market stabilizes further," said Treasury secretary Henry Paulson.