AABP EP Awards 728x90

Insurance

DSC 6869

GDP grew more slowly than previously predicted

The U.S. gross domestic product (GDP) grew at a slower rate in the first quarter of 2012 than in the last quarter of 2011, according to revised numbers released today by the Department of Commerce.…
DSC 6869

Euro falls to lowest point in two years

The European debt crisis may be spreading to the eurozone’s larger economies, according to Bloomberg, causing the euro to fall to its lowest level against the . dollar in two years.

The drop in value …

DSC 6869

Wells Fargo to share history at golf classic

Wells Fargo & Co. will share its history this year at the Principal Charity Classic with a mobile museum and two historians available to answer questions.

The museum, History on the Move, will share the …

DSC 6869

Stocks rise despite low consumer confidence

Stocks rose in trading this morning, despite a poor consumer confidence report, as polls from this weekend show that Greek voters will likely elect a pro-bailout government in a special election on June 17, which could…
DSC 6869

Obama starting to lose the backing of business people

New data published by the Center for Responsive Politics shows that President Barack Obama is losing ground in fund raising among business people, specifically in the area of finance. 

In April, Mitt Romney, the presumptive …

DSC 6869

Facebook stock continues to drop

Share prices of Facebook Inc. have continued to decline, and the stock is now down more than 20 percent from its initial public offering price. 

Facebook inc. started trading in options today, but the stock …

DSC 6869

Quarterly bank earnings up 23 percent

Commercial banks and savings institutions insured by the Federal Deposit Insurance Corp. (FDIC) reported an aggregate profit of $35.3 billion in the first quarter of 2012, a $6.6 billion improvement from the $28.8 billion in …

13992

BERKO: Long-term care conundrum

Dear Mr. Berko:

Back in 1992, when my husband and I were 63, we bought long-term care policies that our agent said had all the “care comfort needs for our future years.” Our combined premiums …

DSC 6869

Upbeat report on Iowa banks

Iowa banks reported aggregate gains in all key performance measures in the year ending March 31, the Federal Deposit Insurance Corp. (FDIC) reported today.

The state’s 343 banks recorded total net income of $220 million, …

DSC 6869

Aviva may sell Asian businesses to protect from losses

Aviva plc may be getting ready to sell off businesses in South Korea and Sri Lanka, according to Reuters, in a move to help protect the company from any fallout from a eurozone financial crisis. …