Aging survivors of the Nazi Holocaust plan to protest outside a political fundraiser featuring President Barack Obama this week to publicize their struggle to collect what they say is $20 billion in Jewish insurance policies never paid by European companies.
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Men nearing retirement and young female drivers will be the biggest losers from the decision to ban insurers from using gender to calculate premiums from December 2012, but some individuals could end up better off
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Emerging-market Asian currencies were on a tear in 2010, but sentiment has shifted dramatically this year. Citi’s Johanna Chua explains why the negativism is overdone in some cases, and where currency investors could do well now.
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Fresh off a 27-cent jump last month, gas prices were up slightly in a daily survey by motorist group AAA, as the price of crude oil backed off recent highs.
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AFP – Top US officials kept up pressure Tuesday on embattled Libyan leader Moamer Kadhafi, vowing to “squeeze him” economically and militarily in hopes of further weakening his tenuous hold on power.
Gender should not be taken into account as a risk factor in insurance contracts, Europe’s top court has ruled in a case which will have big implications for car insurance and pension annuities
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AP – The Obama administration wants Congress to approve legislation within two years that overhauls Fannie Mae and Freddie Mac, the nation’s huge but financially feeble housing market giants, Treasury Secretary Timothy Geithner is telling lawmakers.
Lawmakers and governors in many states, faced with huge shortfalls in employee pension funds, are turning to a strategy that a lot of private companies adopted years ago, reports the New York Times.
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Insurers cannot take gender into account as a risk factor in the costs and payouts from annuities and retirement savings as well as accident cover, the European Union’s top court ruled on Tuesday.
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Congressional Republicans intent on big spending cuts are on a collision course with Wall Street’s top regulators over a plan to slash millions from agency budgets.
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