Investors Race to Lock in Firm Annuity Guarantees

Published on August 29, 2024

Athene, Corebridge and MassMutual led efforts to protect nest eggs against market hammers.

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Elizabeth Warren presses Finra to explain enforcement slowdown

August 29, 2024
Senator Elizabeth Warren is pressing the nation’s broker-dealer regulator, Finra, on its claim that success in kicking bad actors out of the industry explains why enforcement numbers have plummeted in recent years.Fines levied by the Financial Industry Regulatory Authority have dwindled to half their recent levels, and the number of enforcement actions last year was the lowest in history, Bloomber

Q2 Second Estimate: GDP Per Capita versus GDP

August 29, 2024
The second estimate for Q2 GDP came in at 2.95%, an acceleration from 1.41% for the Q1 final estimate. With a per-capita adjustment, the headline number is lower at 2.48%, a pickup from 0.95% for the Q1 headline number.