Orders to U.S. factories for big-ticket durable goods plunged in June by the largest amount in five months, reflecting the continuing troubles in the auto industry and a steep drop in demand for commercial aircraft.
Investment guru Bill Miller says it's safe to come out of the bushes — the bears have been contained.
Insurer American International Group Inc. said on today that it closed the sale of its life insurance premium finance business for $679.5 million in cash.
A preliminary report on consumer sentiment in July is expected to show that Americans remain gloomy as job worries offset any enthusiasm about the resumed stock market rally that has helped bolster retirement accounts.
Jitters about the U.S. economy are putting the stock market rally on hold again.
Women are cutting back on discretionary expenses in this down economy more than men, according to a study released today.
Fidelity Investments' contract as program manager for Massachusetts' 529 college savings program, the $2.5 billion U.Fund College Investing Plan, has been renewed by Massachusetts Educational Financing Authority.
Members of Congress are being urged to create — at a minimum — a new regulatory body within the federal government to focus on the insurance industry.
Adults 55 to 64 were most likely to have health care coverage in 2007, according to a study from the Employee Benefits Research Institute.
Kermitt J. Brooks, acting insurance superintendent for New York, today was named the chairman of the National Association of Insurance Commissioners' life and annuities committee.
Compliance officers at investment advisory firms registered with the SEC should be required to conduct annual custody reviews and to certify those results, according to TD Ameritrade Institutional.
Though fewer catastrophe bonds were issued during the first half of 2009, investors may see more of these issuances in the second half of the year as the financial markets stabilize, according to a report from Guy Carpenter & Co. LLC and GC Securities, both of New York.
New U.S. home sales rose by the largest amount in more than eight years last month, in another sign the housing market is finally bouncing back from the worst downturn in decades.
The Financial Industry Regulatory Authority Inc. has slapped Wells Fargo Investments LLC and four other investment firms with $1.65 million in fines for supervisory failures in mutual fund and variable annuity transactions.
Health insurer Aetna Inc. said Monday its profit skidded 28 percent in the second quarter due to higher medical expenses in its commercial business, which it expects to continue for the rest of the year.
TD Ameritrade Holding Corp.'s agreement with regulators last week to buy back $456 million of auction rate securities from individual investors, charities and small-business clients leaves registered investment advisers out in the cold.
TD Ameritrade Holding Corp. reported a better-than-expected fiscal-third-quarter profit last week, but company executives had little to say about the firm's business for servicing independent registered investment advisers.
The Life and Health Insurance Foundation for Education has chosen prime-time dreamboat Chris Noth as its national spokesman for Life Insurance Awareness Month in September.
The American Council of Life Insurers is worried about efforts to establish a voluntary disability in-surance program.
