The Dow Jones, Nasdaq 100, and S&P 500 indices declined after weak bank earnings. JP Morgan, the biggest American bank, saw its earnings decline by more than 20% after it added provisions for credit losses. Its total loans at the end of quarter were over $1.10 trillion, down from the previous $1.07 trillion. Meanwhile, Morgan […]
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Broadcast Retirement Network’s Jeffrey Snyder discusses the impact of the growth of annuity sales on life insurer’s investment strategies with A.M. Best’s Edward Kohlberg. Jeffrey Snyder, Broadcast Retirement Network Joining me now, Ed Kohlberg is Read more…
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Eurozone inflation edged higher in February, with headline CPI finalized at 1.9% yoy, up from January’s 1.7% yoy. Core inflation, which strips out energy, food, alcohol and tobacco, also firmed to 2.4% yoy from 2.2% Read more…