Economy & Markets
The important economic and stock market news that advisors need to know.
AIG Aid Player To Lead Treasury
By Arthur D. PostalPresident-elect Barack Obama today said he would name Timothy Geithner--an official central to government efforts to shore up American International Group Inc.--to be his Treasury ...
November 19, 2008
Transamerica Updates VA Investment OptionsA variable annuity seller will be offering consumers a choice of more investment options that allocate assets to a combination of stock and fixed-income securities.Transamerica ...
November 11, 2008
Merrill's Thain Expects Extended DownturnMerrill Lynch Chief Executive John Thain has said he does not expect the global economy to recover quickly from the credit crisis and that the environment more closely resembled 1929, the advent of th
November 07, 2008
Assurant To Resume Share BuybacksA multi-line insurer says it wants to return to investing in its own stock.Assurant Inc., New York, says it will resume a share buyback program ...
November 03, 2008
Deciding What to BuyPerhaps the biggest lesson from last month is that all asset classes went down together.
November 02, 2008
Look At The Hidden Costs Of VA Withdrawal BenefitsWhile most equity portfolios lack effective protections against market downturns and longevity, variable and immediate annuities do offer guarantees.Among the most popular are some living ...
November 02, 2008
Look At The Hidden Costs Of VA Withdrawal BenefitsWhile most equity portfolios lack effective protections against market downturns and longevity, variable and immediate annuities do offer guarantees.Among the most popular are some living ...
November 01, 2008
Capitalism Comes To ChinaMarket participants may find some irony in the idea that as the capitalist West embarks on bailouts and nationalization, the still--officially--Communist nation of China is...