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Friday, December 14, 2012

Reuters Money: Looking beyond emerging markets to "frontier" economies

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12/14/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Looking beyond emerging markets to "frontier" economies
CHICAGO (Reuters) - With China, Brazil and India hitting icy patches on their economic growth paths, investing in even younger emerging markets looks promising.
Fiscal cliff or not, here are tax moves to make now
NEW YORK (Reuters) - Tax planning for many people has devolved into one big guessing game this year as Washington battles over tax policy. Everything from payroll taxes to capital gains tax rates is still up in the air. But there are ways to play the odds, and some moves to make regardless of what Washington does.
Career shift to giving working poor financial know-how
CHICAGO (Reuters) - On September 11, 2001, Lorraine Decker had it made. She and her husband Ken had a lucrative Houston financial planning practice specializing in retirement seminars all over the world for corporate employees. That day, they were waiting for a flight to New Orleans at the Newark airport when the first plane hit the twin towers in New York City.
Consumer prices post first drop in six months
WASHINGTON (Reuters) - Consumer prices fell in November for the first time in six months, pointing to muted inflation pressures that should allow the Federal Reserve to stay on its ultra-easy monetary policy path as it nurses the economy back to health.
U.S. states inch closer to pre-recession prosperity
WASHINGTON (Reuters) - U.S. states are coming close to the end of a three-year trek back to the financial prosperity they enjoyed before the recession, according to a survey released on Friday that found the recovery is slow and uneven.
California fight tests U.S. states' compact on business taxes
(Reuters) - A landmark agreement forged 45 years ago to make corporate taxation more uniform among U.S. states is at the center of a court fight between California and Gillette Co, potentially leading to more tax conflict between states and big businesses.
Year-end moves for parents scared to save for college
NEW YORK (Reuters) - When Sharon Doyle thinks about college savings for her two kids, the numbers are almost too big to comprehend.
Muni tax break under threat from bipartisan scrutiny in congress
WASHINGTON (Reuters) - The tax break that U.S. states, cities and counties get on the bonds they issue is in growing jeopardy now that Republicans, in addition to Democrats, are considering limits on the exemption.
BlackRock offers money fund compromise proposal
(Reuters) - BlackRock Inc, the world's largest money manager, offered a detailed plan on Thursday to break a deadlock with regulators over tightening rules on the $2.6 trillion U.S. money market fund industry.
U.S. fund investors pour $8.68 billion into stock ETFs: Lipper
NEW YORK (Reuters) - Investors in U.S.-based funds pumped the most money into stock exchange-traded funds since mid-September while also putting money into higher-quality corporate bonds in one of the last reporting weeks of the year, data from Thomson Reuters' Lipper service showed on Thursday.
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