In states and municipalities across the country, the high cost of traditional defined-benefit public pensions has become a hot-button issue as unfunded liabilities have raced out of control.
For insurers, the most salient fact about tobacco use can be summarized simply: overwhelming scientificevidence indicates that all widely used forms of tobacco harm human health.
Proprietary trading is a common financial activity that is currently being targeted for additional regulation in the aftermath of the 2008 financial crisis and several high-profile losses by major
Several tax increases are set to go into effect at the end of 2012 unless Congress renews the “Bush Tax Cuts.” One of the most significant increases would be a tax hike on dividends of up to189 per
One issue currently under debate is how carried interest, the share of the profits of an investment or investment fund that is paid to an investment manager as compensation, will be taxed.