How the mortgage interest deduction could be cut in tax reform
Slashing the mortgage interest deduction would be unpopular, but lawmakers may need the money to pay for all the tax cuts they want.
Trump taps emergency U.S. oil reserve after Harvey
The Trump administration has tapped an emergency stockpile of crude oil in response to the major refinery outages in the U.S. Gulf Coast caused by Hurricane Harvey.
Prudential’s Discounted Valuations in 2Q17
Wall Street analysts recommended a one-year price target of $116.07 per share on Prudential Financial (PRU), reflecting an increase of ~14.1% from the current price.
Will corporate tax cuts help the middle class?
The Trump administration has been asserting that a big corporate tax cut will be good for the middle class. Here’s a quick primer on the issue.
Harvey certain to be one of the most expensive natural disasters ever
Hurricane Harvey is that is certain to be one of the most expensive natural disasters in the nation’s history — perhaps even the most expensive.
U.S. economy records fastest growth in 2 years
The U.S. economy picked up steam during the second quarter, notching the fastest pace in two years.
3 reasons the euro is having a killer year
The euro has strengthened dramatically because of unexpectedly robust economic growth in Europe, reduced political risk and weakness in rival currencies.
Insights into Prudential’s International Insurance Division
Prudential Financial’s (PRU) Life Planner division experienced an increase in its earnings in 2Q17 compared to 2Q16.
Insurance Stocks to Endure the Wrath of Hurricane Harvey
Property and casualty stocks might witness an earnings drain due to hurricane Harvey, but the event is expected to benefit them in the form of increased premium prices.
Understanding Prudential’s Group Insurance and Individual Life Earnings
In 2Q17, on the basis of annualized new business premiums, sales in Prudential’s Individual Life business stood at $153 million, reflecting a marginal decline of ~3.8% year-over-year.