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Stocks Roar Back as Earnings Break a Negativity Bubble in the Market

Stocks Roar Back as Earnings Break a Negativity Bubble in the Market

Stocks rebounded sharply last week as investors rushed back to the market following a month of extreme pessimism. The S&P 500 rose 1.8 percent between Friday, October 8, and Friday, October 15. It was the index's biggest weekly gain in almost three months. The...

Insurers Tremble with Florence on the Move

Insurers Tremble with Florence on the Move

Hurricane season has begun, and insurers are trembling. Florence is expected to hit the Carolinas on Friday. It's already a category 4 hurricane, which makes it unusually powerful for a storm moving that far north. Property and casualty (“P&C”) insurers like...