Bloomberg

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NEWS INDUSTRY NEWS JUN 25, 2009
Stock futures decline after rise in jobless claims

An unexpected rise in jobless claims is causing investors to sell again.

INVESTING MUTUAL FUNDS JUN 25, 2009
Federated, GML Capital to develop trade-finance investments

Federated Investors Inc. entered into a partnership with a London-based specialty asset management firm to bring global-trade-finance investments to its clients in the United States.

NEWS REGULATION AND LEGISLATION JUN 24, 2009
Elderly clients convicted of kidnapping, beating adviser

Four Germans, aged 61 to 80, abducted financial adviser, held him hostage in a basement; reportedly upset after losing $3.6M in real estate deals

NEWS INDUSTRY NEWS JUN 24, 2009
Oil drops below $69 as traders eye US dollar

Oil prices fell below $69 a barrel Wednesday, but were up from earlier lows, as investors continued to focus on the value of the U.S. dollar, which typically trades inversely to commodities, and awaited a policy statement from the Federal Reserve.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUN 24, 2009
Life insurance companies to thrive in the long term, study suggests

Life insurance companies are struggling to emerge from the shadows of 2008’s losses, but in the long run they will prosper, according to a study from Conning.

NEWS INDUSTRY NEWS JUN 24, 2009
Warren Buffett compliments Bernanke and Geithner

Billionaire Warren Buffett says the United States has a good team leading the Treasury Department and Federal Reserve as it fights what he's called an economic war.

NEWS INDUSTRY NEWS JUN 24, 2009
May new home sales dip 0.6 percent

The government says new U.S. home sales fell slightly last month, in another sign that the housing market's recovery is likely to be gradual and prolonged.

NEWS INDUSTRY NEWS JUN 24, 2009
Global recession nearing bottom, OECD says

Outlook is a slight improvement from the group's last forecast in March of a 4.3% decline this year and its first upward revision to its forecasts in two years,

NEWS INDUSTRY NEWS JUN 24, 2009
State Street’s program teaches the ABCs of finance

State Street Global Advisors launched a campaign today designed to help financial advisers become resources to parents who want to teach their children about finances.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUN 23, 2009
Insurance settlement trade group hails Maine’s disclosure law

The Life Insurance Settlement Association today applauded new legislation in Maine which requires that insurance customers be apprised of their rights to sell their policies on the secondary market.