Liability Costs Driving Up Long-Term Care Bills
Actuaries found that liability losses amounted to an average of $218,000 per claim, or $2,350 per long-term care bed.
U.S. Consumer Confidence Jumps to Highest Level Since 2001
Measure of Americans’ expectations surges to a 13-year high after Trump election; more households expect better economy, labor market in year ahead.
Hoping for a Regulatory Miracle
Many advisors would love some common sense to be exercised in 2017 with respect to the DOL's fiduciary rule.
Former FDIC Chair Bair Has a Plan to Reduce Student Debt
Now president of Washington College, Bair likens the student loan crisis to the home mortgage crisis she dealt with in the past.
Lawyers for Wealthy Await Trump’s Estate Tax Plan
Despite Trump’s vow to end the tax, trust and estate professionals don’t appear panicked that a revenue stream is about to dry up.
3 Emerging Risks Your Clients Aren’t Prepared for in 2017
The simple, necessary steps clients can take to protect themselves from new forms of risk.
How the Trump Rally Could Save Endowments
It’s well known that recent years haven’t been kind to hedge funds; less well known is that endowments and foundations have also faced headwinds.
El-Erian Says Sustaining Trump Rally Depends on Germany, China
"It’s not just about implementing policies at home," he says, adding that today's valuations suggest no policy mistakes or accidents.
Calamos to Become Fully Private Money Manager
The company strikes a deal to sell its remaining minority stake to two executives for $8.25 a share.
Time for Fine Wine?
The market for many vintages improved in 2016, as more regions worldwide bring more brands to market.