Bloomberg

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RIA NEWS AUG 11, 2009
Productivity rises more than expected in 2Q

The Labor Department says productivity, the amount of output per hour of work, rose at an annual rate of 6.4 percent in the April-June quarter.

RIA NEWS AUG 11, 2009
Former Bush adviser helps open investment firm

A former member of the National Economic Council under President Bush has launched a boutique investment advisory firm, according to published reports.

REGULATION AND LEGISLATION AUG 11, 2009
NAIC's proposed suitability regulations irk insurers

Insurance carriers and producer groups are balking at a regulatory proposal that would curb commissions for agents and increase the suitability duties of insurance companies.

RIA NEWS AUG 11, 2009
Securities America feared 'bank run' from holders of Medical Capital

A former top executive of Securities America feared “a panicked run on the bank” from clients who invested in private securities of Medical Capital Holdings Inc., which was sued last month by the Securities and Exchange Commission for fraud.

OPINION AUG 10, 2009
Note to Compensation Czar: The Best Performers ALWAYS Have Choices

Top earners are being given a major reason to look elsewhere

RIA NEWS AUG 10, 2009
U.S. retirement assets at $13.4 trillion in Q1

Total represents a 5% drop from yearend 2008 and is 26% below 2007 peak.

RIA NEWS AUG 10, 2009
Krugman says world avoided second Great Depression

Aggressive stimulus spending by governments helped the world avoid a second Great Depression but full economic recovery will take two years or more, Nobel Prize-winning economist Paul Krugman said today.

RIA NEWS AUG 10, 2009
Fed likely to keep key interest rate at record low

With the economy strengthening but still fragile, Federal Reserve policymakers are expected to hold a key lending rate at a record low this week and will weigh whether to extend some programs that were created to ease the financial crisis.

LIFE INSURANCE AND ANNUITIES AUG 10, 2009
Mutual insurers weathered downturn better than publicly owned peers, Moody's says

Mutual life insurance companies fared better than their stockholder-owned counterparts in the recent economic tumult, according to a report from Moody's Investors Service.

RIA NEWS AUG 07, 2009
UBS tax case settlement due before U.S. judge

A federal judge in Miami is due to learn if a settlement has been finalized in the high-stakes attempt by the U.S. government to obtain names of suspected tax evaders with secret accounts at Swiss bank UBS AG.