Corebridge Financial continues to separate from American International Group, seeing higher fixed annuity surrenders during first-quarter earnings. Sales are even higher.
KKR & Co., one of the world’s biggest investment firms, beat Wall Street estimates of its first quarter earnings but they still weren’t good enough to escape the turmoil period in the private equity and real estate sectors.
Sentencing for Phillip Roy Wasserman was continued until Jan. 31.
It remains to be seen how these changes will be implemented and what the full effects will be, but the executive order represents a step towards improving the health care system in the United States.
Rochelle Walensky, the head of the Centers for Disease Control and Prevention announced she will resign on June 30, saying the waning of the COVID-19 pandemic was a good time to make a transition.
The COVID-19 public health emergency in the U.S. is scheduled to end May 11, but the World Health Organization jumped in today to declare that COVID-19 is no longer a global health emergency.
American International Group celebrated strong first-quarter financials today, bottom-line results that were depressed by inconsistent sales in its Life and Retirement business.
Catastrophe losses, higher auto claims costs, and inflation all contributed to Allstate Corp.’s first quarter loss of $320 million – compared to a profit in the same period last year – company executives said this week.
The Fed’s tug-of-war against inflation continued this week as the central bank again raised interest rates to ward off rising prices while crossing its fingers that it won’t wreck the economy by pushing joblessness to new heights.