Buildings in the 20th century were built on visions of the future. Now that the future is here, many buildings sit abandoned with scrub and overgrowth threatening to overtake the rusting behemoths. The buildings were commissioned in a fanfare of progress, but when it ended, the owners pulled out. Inspired by the painting by Paul Klee, German-Jewish thinker Walter Benjamin described his vision of the Angel of History: “His face is turned toward the past. Where we perceive a chain of events, he sees one single catastrophe that keeps piling ruin upon ruin and hurls it in front of his feet. … The storm irresistibly propels him into the future to which his back is turned, while the pile of debris before him grows skyward. This storm is what we call progress.”
The deal could have positive and negative effects on life insurers' $422 billion in U.S. debt securities.
Twenty percent of mutual fund managers may be gone in the next five years, according to the consultancy.
Pan-American and Lincoln have both added top IT executives.
Sponsored by Cetera Financial Group
Do you know the difference between client experience and customer service? The answer is crucial.
Sponsored by T. Rowe Price Investment Services, Inc.
The “reflation trade” appears real, but risks are still elevated.
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