Prudential Hit by Ransomware Group
The ALPHV/BlackCat ransomware group says it has stolen information from Prudential Financial and is holding it for ransom, but Prudential...
life insurance
Jackson Posts 80% Growth in RILA Sales
Jackson Financial increased sales of its 2-year-old registered index-linked annuity product 80% between the fourth quarter of 2022 and the...
Final DOL Fiduciary Rule Likely Out This Year
The Labor Department’s revised fiduicary rule proposal will likely be finalized this year, with a Jan. 1, 2025, effective date,...
12 Worst Cities for Financial Distress
Start Slideshow High unemployment and high inflation in recent years have weighed on Americans, and many still are in financial...
2024 Market Outlook: U.S. equities
Last year was a volatile year in U.S. equity markets. In March, the failure of Silicon Valley Bank, a prominent...
She Was Set to Break Goldman's Glass Ceiling. Now Beth Hammack Is Leaving
What You Need to Know Hammack, 52, was once seen internally as a top choice to become the firm's next...
8 Facts About 401(k) Assets and Bankruptcy
Start Slideshow Financial advisors who work with retirement-focused clients likely know that workplace retirement accounts set up under the Employee Retirement...
Cyberattack on IT Firm Hits BofA and Northwestern Mutual
The LockBit ransomware group may have data on 81,000 executives with nonqualified deferred compensation plans from Bank of America or Northwestern...
Genworth Hopes to Stabilize Long-Term Care Business by 2026
What You Need to Know Tom McInerney, the CEO, sees long-term care insurance sales resuming by the end of this...
Stocks Around the World Are Swept Up in AI Rally
What You Need to Know The most-valuable chipmaker rose close to 15% and is on course to add $230 billion...
