November 27, 2018

Diverse experiences help Prudential's board shape the present and future

Growing up in the segregated South, Gilbert Casellas learned early what it means to feel excluded. He attended a segregated school in the mostly Latino community of Ybor City in Tampa, Florida, and couldn’t use water fountains or go to movie theaters designated whites-only.

November 15, 2018

Prudential provides aid to Californians impacted by wildfires

In response to the ongoing wildfires throughout California that have devasted communities and displaced thousands, Prudential is committing $100,000 to the California Community Foundation and has launched an employee matching gifts campaign of up to $25,000 to California Fire Foundation.

November 08, 2018

An El Paso military family uproots their lives—but not careers—in move to Alaska

They call Alaska “The Last Frontier” for good reason. For most Americans, the 49th state evokes a frigid wilderness capped with electric-blue glaciers and frozen tundra, with spruce forests overrun by grizzly bears and crystal-clear rivers swimming with salmon. For the Braccos, a military family that was relocated from El Paso, Texas, to Fairbanks a year ago, it’s the polar opposite of everything they’ve ever known.

November 04, 2018

American workers say private business best-suited to impact community growth

Prudential's fourth American Workers Survey, conducted in September, found that American workers believe the business community is among the best-suited to provide the financing needed to help their communities thrive—with small businesses and large employers ranking ahead of state government, individual community members and federal government.

October 25, 2018

Do you spend more time on social media than selecting benefits?

For many employees, making annual benefits decisions is as bad as having a cavity filled. You want to just get it over with—quickly. But that’s a mistake.

October 22, 2018

Women lag men in retirement savings, Prudential study finds

NEWARK, N.J., October 22, 2018 - Women on average have saved 43 percent less for retirement than men, finds new data from Prudential Financial, Inc. (NYSE: PRU).

October 19, 2018

For youth living below the poverty line, education is a ladder out

There are about 4.9 million opportunity youth in the U.S.—young people between the ages of 16 and 24 neither in school nor working—who never earned their high school diploma or its equivalent for a wide array of reasons. Many of these youth and their families are living at or below the poverty line, and are among the 40 percent of Americans who are struggling to meet at least one of their basic needs.

October 17, 2018

Prudential Financial issues statement after Financial Stability Oversight Council removes SIFI label

NEWARK, N.J., October 17, 2018 - Prudential Financial, Inc. (NYSE:PRU) issued a statement after the Financial Stability Oversight Council’s decision to rescind Prudential’s designation as a nonbank systemically important financial institution. The company stated that the outcome reflects Prudential’s sustainable business model, capital strength and comprehensive risk management, which have and continue to enable the company to fulfill its promises to customers, deliver consistent performance and meet regulatory obligations.

October 17, 2018

QMA Q4 2018 Outlook: Storm clouds are gathering

Trade tensions and the ongoing crisis in emerging markets top the downside risks. Trade uncertainty has now seeped into the GDP and business confidence data for Europe and Japan, while the combination of trade tensions, fears of Turkish lira contagion, and Fed rate hikes have contributed to slowdowns in a number of EMs, including China. On balance: The near-term risk of a global downturn remains very low. But storm clouds are gathering.

October 12, 2018

PGIM Fixed Income Q4 2018 Outlook - Standing Still: A Symptom of Less Synchronization and Giant Collisions

When investors recall the third quarter of 2018, many may cite the fractures that occurred in certain corners of the fixed income market. In its fourth-quarter outlook, PGIM Fixed Income evaluates the extent of the damage, the factors that contributed to the periodic volatility, how these issues may unfold going forward, and the nature of the opportunities that lie ahead.