A Brief Look at Level Life Insurance Sales Commissions

Data: S&P Global Market Intelligence; Chart: Will Chase/Axios Boeing reported another quarter of negative cash flow Wednesday, to the tune of $3.4 billion, and its sixth consecutive quarterly loss. The plane maker is one of many companies that borrowed from the capital markets heavily last year, even as the pandemic caused its revenue — and ability to pay interest — to…

President Biden, fresh off a victory on a large stimulus package, is pitching another $4 trillion in spending to make bold investments in the nation's physical infrastructure and human capital in an effort that he says will spur growth, create a more equitable economy and make the United States more competitive with China- without any negative side effects.

Biden will use his speech to Congress at night to unveil his $1.8 trillion Plan for American Families, which will be funded by ending Trump’s tax benefits and ending with the hardfalls that allow the wealthiest to pay less, the high office said. This plan requires the approval of a very divided Congress, with a slight majority of Democrats, but that does not…

NEW YORK- There is a growing debate about whether inflation in the coming months will be temporary, reflecting the sharp uptick in the Covid-19 recession, or persistent, reflecting both demand and cost factors. The first argues that the United States has enacted excessive fiscal stimulus for an economy that already appears to be recovering faster than…

The biggest risk to the Federal Reserve's forecast for an economic boom this year is another surge in COVID-19 cases, Fed Chair Jerome Powell said Wednesday.

With less opportunity to see clients in person, advisors navigate the pandemic by conducting pulse checks by phone or video.

Washington, Apr 6- U.S. President Joe Biden said Tuesday that since he came to power he has not spoken to the head of the U.S. Federal Reserve because, unlike his predecessor, Donald Trump, he wants to respect the central bank’s “independence.” During an act at the White House, Biden answered “no” to the question of whether he had spoken with Fed President Jerome Powell. “I…

With the COVID-19 relief bill enacted, the administration of President Joe Biden and Vice President Kamala Harris administration is making more rumblings about its intentions for tax policy. As of this writing, nothing has yet found its way into legislative proposals. I don’ t like to spend a lot of time writing about what might or might not come to pass.

President Biden this week is set to begin sketching out his plan to commit trillions of dollars toward upgrading the country's ailing infrastructure, fighting climate change and bolstering federal safety net programs, as Democrats try to usher in a new era of bigger government— and spending— in the aftermath of the coronavirus. White House press secretary Jen…

In this article I look at the longer-term prospects for inflation in the US. The lockdown decline and subsequent recovery in GDP growth, together with the concomitant fall and rise in prices is already evident. Since making all-time low yields in August 2020, US 10 yr Treasury Bond yields have risen steadily, but, as the chart below reveals, only back to the…

Advisors urge clients to keep emergency cash to cover six months of expenses, but ultra-low interest rates vex savers.

Before COVID-19 shut down their office, employees of Bouchard Insurance would have described their work life as flexible. In the before times, the Clearwater- based company allowed employees to telecommute two days a week. The employers that made the Tampa Bay Times annual Top Workplaces list reflect this new reality.

What we also know is that President Biden will have two things going for him: the Federal Reserve chair's positive outlook, and the discombobulated Republicans in Congress. As for inflation— which Republicans seem to be rooting for as an excuse to nix an investment in infrastructure, which they are supposed to be favor of— Powell seems unconcerned. “

Raising taxes on the wealthy has a way of backfiring. Why? It leads to lower wages and fewer jobs for those who need them most.

Despite a substantial upgrade to its economic outlook, the Federal Reserve on Wednesday held its key interest rate near zero, continued to forecast no rate hikes through 2023 and vowed to maintain its bond-buying stimulus.

Chistophe Phelps, a professor in the Department of American and Canadian Studies at the University of Nottingham, believes that the Capitol- approved $1.9 trillion package, along with the rapid coronavirus vaccination campaign, will lead to strong growth in the United States, which will also help the rest of the world overcome the economic consequences of the…

Florida’s insurance market is in dire need of reform. In a recent state legislative committee meeting, Florida Insurance Commissioner David Altmaier describes Florida’s insurance market as being unstable and unsustainable. With so many private insurance companies turning away from our state, Florida could face immense financial burden should a major…

President Biden’ s massive virus relief bill heads to the Senate after passing the House on Saturday. Even if the Senate whittles it down somewhat, it will still be roughly twice the size of the stimulus bill signed by President Obama in 2009 to respond to the economic recession. Democrats are hoping to get the bill passed in the next two weeks, before benefits like…

A major drop in the market for planned advisors occurred in 2020, in line with the sharp decline in the annuity business sold by life insurance companies. The policies of this planned product that were marketed through the advisors of the planned system fell 50% during the last financial year. According to figures from the Commission for the Financial Market,…

The pandemic crisis widened the gap in perception inequality in Mexico. The labour income of 20 percent of the population that obtains the most resources is equivalent to 50 times what the quintile receives, or one-fifth of the total inhabitants of the country, with the most precarious income, show data from the National Institute of Statistics and Geography…

As the Department of Labor said Friday that the fiduciary exemption finalized in the waning weeks of the Trump administration would go into effect Tuesday, Feb. 16, as scheduled, it also indicated that the Department would release' related guidance' in the days ahead for investors, plans and providers alike. Max Schatzow, an attorney with Stark& Stark’ s Investment…

However, it is plausible the effort made by the current leadership, of the voice of its deputy director, Francisco Bustamante, to explain the reasons for the current crisis, the worst of the entity in its entire history. Today, it can easily be determined, through Human Resources mechanisms, that it could well finance the Inter-American Development Bank, how the…

Everyday life barely resembles what it did a year ago. Many of us work differently, save differently and certainly spend differently. The COVID-19 pandemic halted some financial behaviors while creating new ones.

With impossible yields in any other segment of the market, cryptocurrencies became the star of investments and giant Blackrock does not want to miss the opportunity: he presented the papers at the Securities and Exchange Commission to be able to invest in the best known virtual currency: Bitcoin.. The investment bank will use Derivatives of Bitcoin among other…

These were major, major crimes, “said Louis Saccoccio, chief executive officer of the National Health Care Anti-Fraud Association, an advocacy group. The list of some 200 Trump pardons or commutations, most issued as he vacated the White House this week, included at least seven doctors or health care entrepreneurs who ran discredited health care enterprises,…

–President Joe Biden warned the nation to prepare for its darkest days in the yearlong pandemic, predicting that as many as 100,000 more Americans will die over the next month as he overhauls the federal coronavirus response and presses Congress for more aid. But Biden’s plea for the nation to assume a “wartime” footing did not immediately sway a recalcitrant…

China was less damaged than the United States from the pandemic crisis. These experts’ calculations start from one assumption: China will grow at a rate of more than 5% between 2021 and 2025 and maintain growth of more than 4% in the following years. The oversizing Gross Domestic Product is not enough to make China the world’s largest economic power, but it is a very…

–JPMorgan Chase& Co. cross-asset strategists have bad news for anyone on Wall Street betting that Bitcoin is the hottest way to diversify portfolios in a world short on hedges but big on valuation risk. The trajectory of Bitcoin so far has been unlike anything that Wall Street has seen, and the debate is heating up among professional investors.

Wall Street markets today set new tops following the assumption of new U.S. President Joseph Biden, who promised to revive a stimulus package to mitigate the economic effects of the coronavirus pandemic. The increase in action between Election Day and biden’s White House assumption is greater than Trump’s rise before the start of his management.

This coming Wednesday, at noon, Joe Biden will be sworn in as the 46th president of the United States in the most restricted ceremony in the history of this country. Federal authorities have detected at least 16 groups of President Donald Trump supporters who have announced their intention to conduct protests in Washington this week. As a result of this threat…

2020 will be remembered as one of the years in which various risks materialized for the insurance sector, says in his last interview with this medium, before retiring, Recaredo Arias, general manager of the Mexican Association of Insurance Institutions. In addition to the Covid-19 pandemic, the sector faced the risks of cybersecurity, natural disasters and…

After months of waiting for a stimulus package, the market didn’t seem too excited on Tuesday when Congress finally passed one. There will be other provisions as well. Congress also funded the government through September. Regardless of the market’s rather lackluster reaction, it’s a real good thing that this agreement was finally accomplished.

WASHINGTON, Dec 16- The Fed will on Wednesday offer its first appreciation of how the coronavirus vaccine has changed America’s economic landscape, and whether businesses, workers, and families need more help from the central bank until immunity is widespread. The Fed’s last monetary policy meeting of 2020 puts an end to a hectic year in which it lowered…