For Small Businesses, Confusion and Added Costs
Of all the debate about healthcare reform, the effect on small businesses seems to have generated the most confusion. Some small business owners appear pleased...
What It Will Cost
As President Obama signed healthcare reform legislation on March 23, he probably would have wanted the director of the Congressional Budget Office, Douglas Elmendorf, sitting...
Alternative Investment Firm Hatteras Names Brian Jacobs CEO
Hatteras Funds, an asset management firm that specializes in making alternative investing strategies available in mutual fund formats to advisors, named Brian Jacobs as CEO on Wednesday, April 28.
Profit at Symetra Financial Surges in Q1
Symetra Financial reported Thursday, April 29, first quarter profits of $46 million, or 35 cents a share, a huge jump compared to 2009's first quarter when net income was $5 million, or 5 cents a share.
House Committee Approves Two Bills on Home Insurance
FHA allowed to raise premiums to bolster dwindling finances.
Fed Maintains Interest Rates Near Zero
FOMC says rates would stay that way for "an extended period".
Ameriprise, Waddell & Reed, and optionsXpress Post Results
A trio of financial services companies reported their quarterly results on Tuesday, April 27. Ameriprise Financial and Waddell & Reed Financial posted solid earnings, while optionsXpress Holdings disappointed with a small drop.
Home Prices Fell Slightly in February, Case-Shiller Index Shows
The Standard & Poor's/Case-Shiller Home Price Index of 20 cities showed Tuesday, April 27, that prices in February were down 0.1% from January on a seasonally adjusted basis.
Greece Formally Asks for Bailout Plan to Begin
Greek Prime Minister George Papandreou on Friday, April 23, formally asked the European Union (EU) and the International Monetary Fund (IMF) to dispense the financial aid package that was arranged two weeks ago.
Orders for Durable Goods Pulled Down by Transportation Sector
Orders for durable goods fell unexpectedly in March by 1.3%, but just beneath that disappointing number was an important, positive result.