Appeals Court Sides With Equitable in NY Universal Life Case

Published on January 27, 2025

Surrendering a policy affects whether the owner can collect damages, the top New York court says.

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Chicago Fed National Activity Index: Economic Growth Increased in December

January 27, 2025
The Chicago Fed National Activity Index (CFNAI) rose to +0.15 in December from -0.01 in November. Two of the four broad categories of indicators used to construct the index increased from November and two categories made positive contributions in December. The index's three-month moving average, CFNAI-MA3, was increased to -0.13 in December form -0.26 in November.

New Home Sales Up 3.6% in December; Beats Forecast

January 27, 2025
The December release for new home sales from the Census Bureau came in at a seasonally adjusted annual rate of 698,000 units, beating the 669,000 forecast. New home sales are up 3.6% from a revised rate of 674,000 in November and are up 6.7% from one year ago.