U.S. markets closed for American Thanksgiving
RBC Royal Bank is cutting its residential mortgage rates effective Nov. 26, and is introducing three new mortgage rate offers, the bank announced Wednesday.The bank is dropping its posted mortgages by 25 to 75 basis points, depending upon the term of the mortgage. For example, the rate for a six-month open mortgage drops 25 bps […]
Transamerica Life Canada has launched a new retirement income product, Five for Life, which now is available for sale, the company announced Wednesday.The newest offering in the Guaranteed Minimum Withdrawal Benefit (GMWB) market, the Transamerica product is specifically designed to benefit investors nearing retirement who are focused on saving, and those in retirement, drawing income […]
No radical corrections expected: Cushman & Wakefield LePage
Earnings expected to reached $70 million, or 37¢ a share
Orders for durables goods fall sharply
European Commission unveils two-year recovery plan
Plan will take longer than expected to be completed, committee says
Dow, S&P 500 rise on latest Fed rescue package