DESIGNATION: Nikolas A. Kamarados, a certified financial planner with Prudential Financial Inc. Keystone Mountain Financial Group recently earned the Retirement Income Certified Professional designation from the American College.
The college requires candidates for the RICP designation to complete an independent study program, testing and to fulfill ethical and professional requirements. Course work provides an in-depth knowledge on building a retirement income strategy that addresses income needs and other financial goals.
Kamarados can be reached at firstname.lastname@example.org or by calling (304) 748-3156.
Prudential Financial Inc. offers a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management.
Pursuit: A spokesman for Mayor Rahm Emanuel says Chicago plans to pursue Amazon’s second headquarters.
Amazon on Thursday announced that it’s hunting for a second home outside Seattle. The company said it will spend more than $5 billion to house as many as 50,000 employees.
The Chicago Tribune reports that Emanuel spokesman Grant Klinzman says the mayor has spoken with Amazon CEO Jeff Bezos about choosing Chicago for the site. Klinzman says Chicago plans to respond to Amazon’s request for proposals.
Bezos says the company plans to stay in its sprawling Seattle headquarters and the new space will be “a full equal” of its current home.
Cities and states have a little more than a month to apply and the company said it will make a final decision next year.
Declining: Long-term U.S. mortgage rates fell this week, led by the benchmark 30-year rate, which declined for the sixth straight week.
Mortgage buyer Freddie Mac says the average 30-year fixed mortgage rate fell to 3.78 percent, from 3.82 percent in the previous week. That is down sharply from this year’s peak of 4.3 percent, reached in March, though it remains slightly above last year’s average of 3.65 percent.
Long-term mortgage rates typically follow the yield on the 10-year Treasury note, which has fallen to 2.05 percent, the lowest level this year. Bond yields have fallen as investors, rattled by everything from North Korean nuclear tests to hurricanes in the U.S., have flocked to the safety of Treasurys.
The 15-year mortgage averaged 3.08 percent, down from 3.12 percent last week. Those loans are frequently used by homeowners refinancing their mortgages.
Streaming: Disney is adding more firepower to its upcoming streaming service.
Its “Star Wars” and Marvel comic-book movies will be included in the service, making it the only way to stream those movies on demand in the U.S. as part of a monthly subscription. (So, not on Netflix.)
A price hasn’t been announced yet. The service is expected in late 2019 after Disney’s current deal with Netflix expires.
Previously Disney announced the inclusion of just Disney and Pixar movies and Disney TV shows. Adding the “Star Wars” and Marvel movies could make the new service appealing to teenagers and adults, not just families with young children. The Marvel movies include the “Avengers” and “Guardians of the Galaxy” franchises.
The service will also have original Disney movies, TV series and shorts. Disney CEO Bob Iger said thousands of TV episodes and hundreds of movies will be available, though shows from Disney’s ABC network aren’t coming to the service.
From staff and wire reports