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YOUR PRACTICE PRACTICE MANAGEMENT OCT 18, 2009
An opening is a grand opportunity

Opening or moving a financial services practice provides advisers with an excellent marketing opportunity — if they are ready to make the most of it.

NEWS INDUSTRY NEWS OCT 18, 2009
We're repeating the mistakes of 1930

The U.S. stock market and economy are in much the same place now as they were in 1930.

RETIREMENT LIFE INSURANCE AND ANNUITIES OCT 18, 2009
Moore, Ferrell stir up insurers

Hollywood and the insurance industry continue to trade blows as celebrities attack companies' business practices.

NEWS REGULATION AND LEGISLATION OCT 18, 2009
Advisers face "slew' of new lawsuits from small-business clients

Financial advisers who have sold certain types of retirement and other benefit plans to small businesses might soon face a wave of lawsuits unless Congress takes action.

NEWS INDUSTRY NEWS OCT 16, 2009
Federal deficit hits all-time high $1.42 trillion

The federal budget deficit has surged to an all-time high of $1.42 trillion as the recession caused tax revenues to plunge while the government was spending massive amounts to stabilize the U.S. financial system and jump-start the economy.

NEWS INDUSTRY NEWS OCT 16, 2009
Oil up to near $78 as weeklong rally continues

Oil prices were up to near $78 a barrel Friday, continuing a weeklong rally amid an unexpected drop in U.S. gasoline inventories.

NEWS INDUSTRY NEWS OCT 15, 2009
New US jobless claims drop unexpectedly to 514,000, continuing claims fall below 6 million

New US jobless claims drop unexpectedly to 514,000, continuing claims fall below 6 million

RETIREMENT TAX OCT 15, 2009
Social Security makes it official: No COLA in 2010

There will be no cost of living increase for more than 50 million Social Security recipients next year, the first year without a raise since automatic adjustments were adopted in 1975, the government announced Thursday.

INVESTING FIXED INCOME OCT 15, 2009
Payden & Rygel's bond chief, Kristin Ceva: Emerging-markets debt still rife with opportunities

With the stock market rallying for nearly eight months, it might be easy to overlook the opportunities in the credit markets, according to Kristin Ceva, head of global fixed-income investing at Payden & Rygel.

NEWS REGULATION AND LEGISLATION OCT 14, 2009
Watchdog: Treasury wasn't prepared for AIG bonuses

The fierce debate over bonuses for bailed-out executives was revived on Capitol Hill Wednesday as a government watchdog explained how some executives nearly brought down the financial system — then pocketed millions.