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
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.
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.
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.
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.
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.
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,
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.
Bank-owned life insurance assets ballooned to $126.1 billion last year, up 5% from $120.1 billion in 2007, according to recent research from Michael White Associates.
The 71-year-old Madoff faces up to 150 years in prison after pleading guilty on March 12 to 11 felony counts including securities fraud and perjury.
