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Blackstone Boosts Stake In AI Startup Anthropic To About $1 billion, Source Says
Blackstone is increasing its investment in the Claude chatbot maker Anthropic, raising its stake to about $1 billion at a valuation of roughly $350B.
Wealth Manager Stocks Sink As Traders Flee Next AI Casualty
An artificial intelligence tool aimed at creating tax strategies sparked a selloff in wealth-management stocks Tuesday.
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Top 5 Annuity Stories Of 2020: A Roller-Coaster Year
Annuities sold great, sold poorly and, for a brief period, didn't sell at all as insurers pulled products from the shelves during the raging pandemic.
How Retirement Planning Needs To Change In The New Year
Considering annuities, insurance, new investments and delaying Social Security?
Transamerica Latest To Exit VAs With Benefits, FIAs
Transamerica will no longer sell variable annuities with benefit riders or fixed index annuities.
Insurers Embrace New Opportunities for Annuity Innovation
Registered index-linked annuities offer a bright spot for sales growth; Cerulli projects RILA sales growth will continue to outpace other annuities.