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NEWS INDUSTRY NEWS AUG 29, 2008
U.S., Europeans fretful about finances

Confidence among U.S. consumers inched up in August as the prospects for the overall economy improved — but consumers continued to fret about their personal finances.

NEWS INDUSTRY NEWS AUG 28, 2008
BofA buys back $43M ARS from Mass.

The Massachusetts Turnpike Authority and the Massachusetts Housing Partnership will be repaid $18 million and $25 million, respectively.

NEWS INDUSTRY NEWS AUG 28, 2008
S&P Ratings gives BlackRock an A+

The New York-based ratings agency upgraded BlackRock's long term corporate credit rating to AA- from A+.

NEWS INDUSTRY NEWS AUG 27, 2008
Cuomo eyes cozy ARS link between firms

Attorney General Andrew Cuomo is investigating how a close business relationship between Fidelity Investments and Goldman Sachs affected auction rate securities transactions.

RETIREMENT LIFE INSURANCE AND ANNUITIES AUG 27, 2008
NAILBA: Fixed indexed annuities not securities

The National Association of Independent Life Brokerage Agencies has announced its opposition to the SEC's regulation of fixed indexed annuities as securities.

NEWS INDUSTRY NEWS AUG 26, 2008
Stronger dollar, cheaper gas cheer advisers

The Rydex AdvisorBenchmarking Inc.'s Advisor Confidence Index rose 13% in August to 97.06, from 86.27 in July.

NEWS INDUSTRY NEWS AUG 26, 2008
FOMC sees rate hike ahead

Inflation may fail to moderate unless monetary policy is tightened "sooner than currently anticipated by financial markets.”

INVESTING ALTERNATIVES AUG 26, 2008
Home prices tumbled in second quarter

An index covering all nine U.S. census divisions fell 15.4% compared with the year-over-year decline of 14.2% in the first quarter.

RETIREMENT TAX AUG 26, 2008
What costs can volunteers deduct?

A married couple has cut back on their charitable donations and are instead volunteering their time and services.

RETIREMENT LIFE INSURANCE AND ANNUITIES AUG 26, 2008
Court throws out award in Executive Life case

A $241 million award given to the state regarding its takeover of the now-defunct Executive Life Insurance has been overturned.