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.
Wanting to snuff out any rise in inflation expectations, the Fed could slow down purchases of either government debt or mortgage-backed securities.
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.
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,
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.
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 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.
Drug companies have pledged to spend $80 billion over the next decade to help reduce the cost of drugs for seniors and pay for a portion of Obama's health care legislation.
The Fidelity Charitable Gift Fund today announced that its board has voted to reduce the minimum-asset requirement for its Charitable Investment Advisor Program.
Aviva PLC yesterday sold its Australian life insurance and wealth management businesses to National Australia Bank of Melbourne.
Mergers and acquisitions will heat up this year as insurers sell operations to bolster capital and strategic buyers look for expansion opportunities, according to a new study from Deloitte LLP.
Investors have responded enthusiastically in recent months to government stimulus plans and signs of renewed economic activity, triggering a resounding risk rally.
When Roth individual retirement accounts were created, it was inevitable that some taxpayers would attempt to exploit their advantageous provisions.
The Obama administration has put forward an excellent blueprint for regulatory reform. Much of what the administration has proposed will increase transparency, reduce the risk of another financial meltdown and
Some financial advisers are rethinking the idea of: Buy term insurance and invest the difference.
