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Prudential To Launch TV Ad Campaign

by Editorial Staff

Wed, Nov 11, 2009

In other news, Prudential said gross variable annuity sales for the third quarter reached a record $5.8 billion, compared to $2.5 billion a year ago. Net sales were $4.4 billion in the quarter.

With New Accounting Standard, AIG Remains Profitable

by Editorial Staff

Tue, Nov 10, 2009

The $455 million profit in the third quarter compared with a loss of $24.5 billion for the same period in 2008. AIG is 80% owned by the U.S. government.

With Stocks, the “Enemy Is Us”

by Editorial Staff

Wed, Nov 11, 2009

Investor sentiment leads rather than follows the market, two economists say. And that may make stocks fundamentally risky.

Old-Age Poverty Higher in U.S. Than Most Developed Countries

by Editorial Staff

Wed, Nov 11, 2009

About one-fourth of over-65-year-olds in America have incomes lower than half the U.S. median household income, a report by the Organization for Economic Co-operation and Development said.