Fed’s Powell: Strong Economy Means No Hurry to Cut Rates February 11, 2025 By Howard Schneider The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is...
Fed’s Powell Says ‘Time Has Come’ to Cut Interest Rates August 23, 2024 By Ann Saphir and Howard Schneider JACKSON HOLE, Wyoming, Aug 23 (Reuters) – Federal Reserve Chair Jerome Powell said on Friday “the time has come” for...
Zombies: Ranks of World’s Most Debt-Hobbled Firms Soaring, and Not All Will Survive June 13, 2024 By Bernard Condon They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival,...
Fed’s Powell Downplays Potential for a Rate Hike Despite Higher Price Pressures May 16, 2024 By Christopher Rugaber Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in...
Italy Prosecutors Probe False Accounting Allegations Related to Insurer Eurovita: Source June 30, 2023 By Emilio Parodi Prosecutors in Milan are probing allegations of false accounting in relation to the crisis of Italian life insurer Eurovita, a...
Build vs. Buy an Agency: Organic Growth in Rising Interest Rate Environment August 14, 2018 By David W. Tralka Now that interest rates are rising again, it’s time to re-examine whether buying an insurance agency is the smart choice...
Activist Investor Icahn on High-Yield Bonds, AIG, Interest Rates November 19, 2015 By Jennifer Ablan and Svea Herbst-Bayliss Billionaire activist investor Carl Icahn said he is betting against high-yield bonds, as he sees a bubble among companies that...
Financial Markets Warned Aging Population Means End to Savings Glut February 24, 2015 By Jamie McGeever The global “savings glut” that has driven stocks to record highs and bond yields to record lows will soon start...
A.M. Best: Geopolitical Tensions Hit Insurers’ Prospective Growth in Russia February 12, 2015 Heightened geopolitical tensions spilling over from the Russia-Ukraine crisis, high interest and inflation rates, and low commodity prices are placing...
Best Special Report Focuses on Asia-Pacific Insurers Cat Loss Challenges December 17, 2012 A special report from A.M. Best analyzes the “reduced frequency of large-scale catastrophes through November 2012, which, Best said, has...