interest News

Euro Zone, IMF Secure Deal on Cutting Greek Debt

Euro zone finance ministers and the International Monetary Fund clinched agreement on reducing Greece’s debt on Monday in a breakthrough to release urgently needed loans to keep the near-bankrupt economy afloat. After 12 hours of talks at their third meeting …

Weak Markets to Hobble Canadian Insurer Results

Canadian insurers are looking at a bleak quarter of financial results due to a sharp drop in stock markets and bond yields, and analysts are staying cautious on the stocks even at rock-bottom valuations. Sun Life Financial , Canada’s No. …

NY’s Senator Schumer Calls for End to ‘Job-killing’ Insurance Fee

Sen. Charles Schumer is calling for an end to a new government surcharge that amounts to roughly $20 per worker for New York businesses. The Rochester Democrat and Chronicle reported that Schumer called the surcharge an example of “job-killing taxes.” …