Extension of Patriot Act
By Melanie WaddellWith the U.S.A. Patriot Act set to expire at the end of 2005, the Senate decided on December 21 to extend the Act for six months so the House and Senate could make revisions to the Act next year. The House voted to reauthorize the Patriot Act for four years...
November 02, 2005
Reverse Mortgage Volume RisesUse of standard reverse mortgage arrangements increased 14% last year.[@@]The total number of home equity conversion mortgages insured by the Federal Housing Administration increased ...
November 01, 2005
Behind the Numbers, with Liz Ann SondersAt Schwab's Impact conference in september, the company's chief investment strategist was rather upbeat on equities, noting that "It's a good sign that people are...
October 31, 2005
Assisted Living Costs SoarThe average monthly base cost of assisted living increased 15% this year, to $2,905.[@@]That works out to $34,860 a year, according to a survey ...
October 31, 2005
Managers, Markets Mull New Choice for Fed ChairWASHINGTON (HedgeWorld.com)--As interest rates keep moving up, Alan Greenspan's term is all but wound down. President Bush's choice for Mr. Greenspan's successor, Ben Bernanke, was announced today and is likely to be confirmed as keeper of the interest rates. Mr. Bernanke has a good reason to expect a nod from...
October 26, 2005
A Small But Attractive Target MarketThe 2000 U.S. Census counted 10.2 million Asian-Americans. By 2010, this population is expected to grow by 33% (mostly through immigration) resulting in over ...
October 23, 2005
Advising White-Knuckled ClientsThe deteriorating economic climate is being registered in a gyrating stock market as well as in the uptick in concerned calls that financial advisors say ...