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Monday, March 4, 2013

Reuters Money: YOUR MONEY-Evaluating too-good-to-be-true online bank offers

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03/4/2013
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
YOUR MONEY-Evaluating too-good-to-be-true online bank offers
NEW YORK (Reuters) - Interest rates at 8 times the national average! Absolutely no overdraft fees! No minimums! Free checks! Get your ATM fees reimbursed!
Spain's Ortega leaps to rank as world's third richest man: Forbes
NEW YORK (Reuters) - Spain's Amancio Ortega, the co-founder of the Inditex fashion group, leapt over Warren Buffett and France's Bernard Arnault to become the world's third richest person on Forbes' 2013 annual ranking of billionaires, with an estimated net worth of $57 billion.
As tech sector goes for an upgrade, it is time to invest
CHICAGO (Reuters) - Despite the drama concerning U.S. agencies potentially dimming lights due to the sequester saga, global companies are brightening the scenario for technology purchasing. That could spark a turnaround in the sluggish sector.
State pension funding gap up 20 percent in 2012: Wilshire
NEW YORK (Reuters) - The recovery in the state pension system suffered a setback in 2012 as the huge funding shortfall in a large swath of state pensions swelled more than 20 percent, interrupting two years of improvement following the devastation of the financial crisis.
Why retailers are pinning hopes on Pinterest
NEW YORK (Reuters) - After a tough day at work as a publicist in Minneapolis, Becca Bijoch would often indulge in a little retail therapy. She usually headed out to the stores as she did not care much for online shopping.
Don't let frequent flier miles die with you
NEW YORK (Reuters) - My uncle and I were different in many ways, but we shared a love of travel. After he died last March, I learned he had bequeathed me the one thing I would really appreciate - more than 100,000 frequent flyer miles.
Advisers benefit from "listening" on social media
NEW YORK (Reuters) - When many financial advisers ask their firms about fully engaging in social media, the answer is usually still a resolute "no" - to Twitter, Facebook, LinkedIn, Tumblr, Pinterest, blogging and just about anything else.
A new 401(k) success formula: Low cost plus advice
(The writer is a Reuters columnist. The opinions expressed are his own. For more from Mark Miller, see http://link.reuters.com/qyk97s)
YOUR MONEY-Taxpayers face delays as well as 'sequester'
NEW YORK (Reuters) - Mark Steber can't file his taxes. This is especially annoying for a man who is chief tax officer for Jackson Hewitt Tax Service Inc, the second-largest tax preparer in the United States.
High court limits SEC authority to seek penalties
WASHINGTON (Reuters) - The U.S. Supreme Court on Wednesday limited the authority of the Securities and Exchange Commission to seek civil penalties over conduct that occurred more than five years before investigators took action.
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