News
BP to Appeal ‘Absurd’ Oil Spill Claims Payments
A U.S. judge's ruling Friday against BP Plc means the company can proceed with its appeal of the way a court-appointed administrator apportions payments for claims related to the 2010 Gulf of Mexico ...
China Banks Shifting Risks to ‘Shadow System’ of Insurers, Brokerages, Trusts
China's banks are feeding unwanted assets into the country's "shadow banking system" on an unprecedented scale, reinforcing suspicions that bank balance sheets reflect only a fraction of the actual ...
A market conduct examination is a formal review by a state insurance department of how an insurer operates in the...
Deadly New Bird Flu Shows Value of Controversial Research
Scientists in the Dutch city of Rotterdam know precisely what it takes for a bird flu to mutate into a potential human pandemic strain - because they've created just such mutant viruses in the ...
‘Black Swan’ Hedge Funds Losing Favor with Investors
Hedge funds set up to profit from huge market slides are falling out of favor, signalling that investors are increasingly confident leading central banks can avert the kind of meltdown that followed ...
How American Families Deal with Financial Shock, Unemployment
A new study from The Pew Charitable Trusts, "Making Hard Choices: Navigating the Economic Shock of Unemployment," examines how American families cope with unexpected financial setbacks and how those ...
Risk Appetite On the Rise in U.S. Capital Markets: Fed Survey
Hedge fund and derivative investors are taking on more risk as aggressive monetary easing and an improving economy boost demand for higher-yielding securities, a Federal Reserve survey showed on ...
End of Men in Power? It’s Not Even Close
It's spring 2013 – 50 years after Betty Friedan's explosive book launched feminism's "second wave," 41 years after Title IX, the equal-opportunity amendment banning sex discrimination in education, ...
Report: 1 in 5 Californians Lives in Flood Zone
California is suffering from one of its driest winters on record, but some statewide water managers are focusing on the opposite end of the precipitation spectrum — the one-in-five residents who ...