Although older baby boomers account for the majority of individual long term care insurance sales, it is largely younger boomers and those under 45 who buy group LTC insurance.
A full 20% of the hedging shops that blew up last year were feeder funds for Bernie’s Ponzi scheme that thought they were overseeing $16 billion. They weren’t.
Thirteen recipients of bailout funds from the Troubled Asset Relief Program owe more than $220 million in unpaid federal taxes.
The BISA-Singer Bank Brokerage Index dropped 10% in the fourth quarter, the Bank Insurance and Securities Association announced yesterday.
U.S. consumer prices rose in February by the largest amount in seven months as gasoline prices surged again and clothing costs jumped the most in nearly two decades.
Companies receiving taxpayer funds under the Troubled Asset Relief Program would be subject to major taxes on executive bonuses under a proposal unveiled Tuesday.
<b>Situation:</b> Under the new tax act, a hefty cash refund is available to so-called “first-time” home buyers.
The Investment Company Institute is proposing sweeping changes to restore confidence in the $3.9 trillion money market mutual fund industry.
The nation's retirement assets shrank by nearly 25% last year and lost more than $2.4 trillion in market value, according to a new report from Chicago-based Spectrem Group.
The Federal Reserve announced Wednesday it will spend up to $300 billion over the next six months to buy long-term government bonds, a new step aimed at lifting the U.S. out of recession by lowering rates on mortgages and other consumer debt.
