Tesla Entering S&P 500 at Record High
By Sarah Ponczek and Lu WangCarmaker's stock closed at $695 Friday; its market-cap of some $660 billion makes it the largest company ever added to the stock benchmark.
December 18, 2020
Older Workers Who Scale Back Still Reap Big Retirement Benefits: StudyThe Center for Retirement Research found some good news for older workers in "nontraditional" jobs.
December 18, 2020
Kemper Taps Stonehocker to Lead Life Unit: Personnel MovesAnthem, the ACLI and OneAmerica also have personnel moves news.
December 18, 2020
Group Lacks Authority to Deal With Loan Risks: GAOU.S. life insurers own about $129 billion of $611 billion now held in collateralized loan obligations.
December 17, 2020
Vaccine Hopes Spark Fund Managers' Optimism: BofAInvestors are underweight cash for first time in more than seven years, Bank of America reports.
December 17, 2020
What Happens When Tesla Joins the S&P 500?The stock closed at $695 Friday, boosting its CEO's fortune by $9 billion. It joins the index Monday and may raise the S&P's volatility.
December 17, 2020
Black, Latina Women Confident About Financial GoalsJ.P. Morgan poll finds nearly 20% of affluent Black and Latina women began investing this earlier year vs. 5% of their white counterparts.
December 17, 2020
Unum Picks Global Atlantic for $7.1B Reinsurance DealThe deal affects a large block of individual disability policies.