Credit Simon Cunningham / lendingmemo.com via Flickr
Stock market volatility has been a regular occurrence, but lately the market has had more down swings than up. How should this effect the investor? WGLT's Willis Kern talks it over with Illinois State University Professor of Finance Edgar Norton.
Willis Kern talks with ISU Professor of Finance Edgar Norton
State Farm Insurance reported a $2 billion increase in net income in 2015, but much of that resulted from capital gains on stock investments State Farm has in other companies.
Net income for 2015 was $6.2 billion compared to $4.2 billion the previous year. State Farm spokesman Dave Phillips said the company benefited from its investment in the stock of companies that merged last year.
"Two mergers between four companies, specifically pharmaceuticals, and that helped with investment strategy and the investment profits of the company."
The Bloomington Normal Economic Development Council is readying its annual trip to Washington D.C. 39 members of various groups will pay their own way to the nation's capitol to meet with elected officials and agency workers about the priorities of the region.