The number of mortgage applications filed increased by 28.4% for the week ended Jan. 11.
JPMorgan Chase said forth-quarter profit fell 34% after the firm posted a $1.3 billion write-down on subprime mortgages.
U.S. consumer prices rose 0.3% in December of 2007, followoing an 0.8% bump in November, the largest of 2007.
“The NAIC investigated itself with an attorney who used to work for the insurers,” said the Life Insurance Settlement Assoc. chief.
Knight Capital has bought EdgeTrade, a privately-held agency-only trade execution and algorithmic software company.
Dalbar Inc., a financial services market research firm, has tapped an ex-insurance executive to start a division catering to the needs of compliance departments.
The new indexes measure the performance of companies in accord with the values and principles of Dharmic religions.
Outgoing Rep. Richard Baker, R-La., will be the new president and chief executive of the Managed Funds Association.
Producer prices were up 6.3% in 2007, the largest full-calendar-year rise since 7.1% in 1981.
Ex-Fed chief Alan Greenspan’s guidance will be exclusive during his tenure at Paulson & Co.
