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NEWS INDUSTRY NEWS MAY 26, 2009
Kentucky college savings plan to keep TIAA-CREF Tuition Financing

TIAA-CREFF again is being retained as the program manager for the Kentucky Education Savings Plan Trust 529 college savings plan.

RETIREMENT LIFE INSURANCE AND ANNUITIES MAY 22, 2009
Florida senator wants state insurance chief to resign

A state senator wants Florida's insurance commissioner to resign, calling him "duplicitous and untrustworty" in a letter to Gov. Charlie Crist.

NEWS INDUSTRY NEWS MAY 21, 2009
631K new jobless claims, continuing claims at 6.7M

The government says the number of newly-laid off workers requesting unemployment insurance dropped last week after spiking the previous week due to auto layoffs.

NEWS INDUSTRY NEWS MAY 21, 2009
Economic indicators up more than expected in April

A private research's group forecast of economic activity rose more than expected in April, the first gain in seven months.

RETIREMENT RETIREMENT PLANNING MAY 21, 2009
Many workers don’t move 401(k)s when terminated, study finds

A large number of people let the money in their 401(k) plans languish after they lose their jobs — or simply choose to cash out their retirement accounts once they're terminated — according to a new report released by The Charles Schwab Corp.

INVESTING ALTERNATIVES MAY 21, 2009
Mortgage rates dip but remain above record lows

Rates on 30-year mortgages inched downward this week, remaining below 5 percent for the tenth-consecutive week and just above record lows.

NEWS INDUSTRY NEWS MAY 20, 2009
Bank of England unanimous on increasing stimulus

The Bank of England's Monetary Policy Committee was unanimous in agreeing to expand its stimulus policy, called quantitative easing, but is unsure how effective the injection of billions of pounds is in boosting the economy, documents disclosed today revealed.

NEWS INDUSTRY NEWS MAY 20, 2009
Fed sees hopeful signs but downgrades '09 forecast

The Federal Reserve expects the U.S. economy to improve in coming months, even as policymakers downgraded their outlook for all of 2009 and said the unemployment rate could approach 10%.

INVESTING ALTERNATIVES MAY 20, 2009
Toll Brothers 2Q homebuilding revenue fell by half

Toll Brothers Inc. said today its homebuilding revenue dropped by 51 percent in its fiscal second quarter, but the luxury homebuilder sees signs the real estate market is recovering.

NEWS INDUSTRY NEWS MAY 19, 2009
World stocks rally on hopes for economic recovery

World stocks rose today as upbeat news about U.S. housing and banks and a sharp improvement in German investor sentiment suggested the world economy was headed for recovery.