The Senate Banking Committee today unanimously approved three nominees to be members of the Securities and Exchange Commission.
Barclays Capital said the possibility of increased inflation has replaced credit risk as the top issue facing the global financial markets.
They find opportunities in energy and other commodities, and even in financials.
Sales of existing homes increased 2% in May to a seasonally adjusted rate of 4.99 million units, according to the National Association of Realtors in Chicago.
Nearly half of pre-retirees believe they can withdraw 10% annually from their retirement savings, according to MetLife’s Mature Market Institute survey.
Sales of new single-family homes fell 2.5% last month to an adjusted annual rate of 512,000, according to the Department of Commerce.
Barclays PLC plans to raise $8.9 billion through the issuance of new shares as part of an effort to shore up its balance sheet.
The Federal Reserve Board held the economy’s key interest rate at 2% today in a bid to keep inflation in check.
A.M. Best Co. today downgraded Security Benefit Life Insurance Co.’s financial strength rating to A- from A.
Legislation that would save about 25 million taxpayers from paying the AMT this year was approved today by a vote of 233-189 in the House.
