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American International Group (AIG) said Turab Hussain was appointed executive vice president and chief risk officer of AIG, effective Oct. 12. Hussain will report to Eric Andersen, president & CEOr, AIG and will serve on AIG’s Executive Leadership Team. He …
We haven't written up this one. Insurance Journal has the full story — the link below goes straight to it.
The number of people applying for US unemployment benefits dipped last week to the lowest level since mid-July as lay-offs remain low and most American workers enjoy job security. The Labor Department said on Thursday that initial jobless claims ticked down to 197,000 from a revised 198,000 the week before.
What’s behind climbing bond yields all over the world? Guy Johnson explains. (Source: Bloomberg)
A rally in oil prices spurred renewed bond volatility and drove stocks lower, with the market extending losses after data showed factories are contending with inflationary pressures.
