Economy & Markets
The important economic and stock market news that advisors need to know.
VA Living Benefits Get Updates
By Staff WriterThe U.S. arm of a Canadian financial services company has replaced the benefits guarantee options available with the Masters variable annuities with new guarantee options.Sun ...
October 16, 2008
Insurer Responds To Rating AgencyProtective Life Corp. says it believes it is doing a good job of addressing the current economic challenges.Protective, Birmingham, Ala., issued a statement about its ...
October 16, 2008
UnitedHealth Posts A ProfitA large managed care company has become the latest financial services company to announce that it turned a profit during the third quarter.UnitedHealth Group Inc., ...
October 16, 2008
Group LTD Feature Relies On ADL TriggerLincoln National Corp. will be paying extra benefits to group long-term disability insurance claimants with especially serious disabilities.Lincoln, Philadelphia, says it will be selling a ...
October 09, 2008
Last gasp or a chance for change?Ben Bernanke told members of the National Association for Business Economics "the combination of the incoming data and recent financial developments suggests that the outlook...
October 08, 2008
Labor market expected to get worseMore losses are expected to come in the labor market as The Conference Board Employment Trends Index (ETI)(TM) continued its decline in September. The index fell...
October 01, 2008
A Few Words About Current Market ConditionsWith all the verbal diarrhea being spouted by the talking heads on CNBC and other channels, I thought it most appropriate to limit my comments on the current market debacle to a few bullet points.
October 01, 2008
Greenspan's LegacyA newspaper story once alleged that some traders at a Wall Street brokerage house had a shrine dedicated to Federal Reserve chairman Alan Greenspan, in...