Buying an insurance policy on Grandma? You first must expect a financial loss in the event of her death. We explain in this week’s Insurance Tip.
Indices closed out Friday’s session in the red zone. Brands retreated on continued Greek debt concern. The European Central Bank has reportedly boosted its funding limit for emergency loans to Greece’s banks, according to Reuters, after customers withdrew one billion euros from banks on Friday alone.
Brands climbed on Thursday. The Nasdaq traded up to a new record level. Stocks prospered in the wake of dovish Federal Reserve commentary and despite continued Greek debt discussion. On another note, Labor Department data, released today, showed a jump in consumer prices for May.