With her promotion, Janelle Walter will lead the collaboration among multiple divisions directing the strategic vision for all life insurance product marketing programs.

Consumer spendingor more precisely, the lack of itcontinues to hamper the U.S. economy as Americans reconsider what it takes to make them happy.

Much of the cuts are based on the poor performance of the state's $13 billion pension investments, which earned a 2.5 percent return during the budget year.

CVS Caremark Corp.'s second-quarter net income jumped 18.4 percent, as its drugstores took business from rival Walgreen and an expansion of its pharmacy benefits management segment pushed revenue higher.