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RIA NEWS MAY 19, 2009
When it comes to giving, high-income women are in the driver’s seat

High-income women are the main drivers of philanthropy in their households, according to research released today by the Fidelity Charitable Gift Fund, a charitable-donor-advised-fund program established by Fidelity Investments.

RIA NEWS MAY 18, 2009
Interbank lending rates drop further

The cost of three-month dollar loans between banks fell to a new record low Monday in a further sign that credit markets are recovering after being paralyzed during the financial crisis.

LIFE INSURANCE AND ANNUITIES MAY 18, 2009
National Planning Holdings’ revenue fell 15% in the first quarter

National Planning Holdings Inc., the Santa Monica, Calif. independent broker-dealer network, saw its revenue slip 15% during the first quarter, to $136 million from $159.9 million a year earlier.

RIA NEWS MAY 18, 2009
Geithner: Economy stabilizing, still pain ahead

Treasury Secretary Timothy Geithner says the economy is stabilizing but that unemployment will continue to rise.

EMERGING MARKETS MAY 18, 2009
World stocks recover on resilient U.S. earnings

First-quarter earnings report by Lowe's boosted hopes among investors that the worst of the U.S. recession is over.

RIA NEWS MAY 15, 2009
Fortress shares slide after offering is priced

Shares of Fortress Investment Group LLC fell today after the investment manager said it priced a stock offering.

RIA NEWS MAY 15, 2009
Consumers cast a hopeful eye to the future, says Reuters/University of Michigan

Consumers are becoming more optimistic about the economy recovery, according to the preliminary results from the Reuters/University of Michigan Surveys of Consumers, released today.

RIA NEWS MAY 14, 2009
European stocks end up as Wall Street edges higher

A rebound on Wall Street helped Europe's main stock markets close higher Thursday despite big selling in Asia earlier and ongoing unease about the scale and speed of any global economic recovery.

REGULATION AND LEGISLATION MAY 14, 2009
House Democrats consider aid for health insurance

House Democrats are looking at big health care changes, including federal aid to help families earning up to $88,000 pay for insurance and a requirement that all must carry coverage.

RIA NEWS MAY 14, 2009
New jobless rise more than expected to 637K

The Labor Department said Thursday the number of new claims rose to a seasonally adjusted 637,000, from a revised 605,000 the previous week. That's above analysts' expectations of 610,000.