Reuters Money: Taffeta shock: What U.S. families shell out for school proms

	Click to View in Browser 04/24/2013 Taffeta shock: What U.S. families shell out for school proms NEW YORK (Reuters) - Inspired by celebrities on the red carpet, influenced by couture photos circulated on Pinterest and armed with price information from online browsing, American girls plan to spend more when they shop for prom dresses this year. Column: Want to buy a business? You can tap your 401(k) CHICAGO (Reuters) - Mark Schottland's 401(k) took a beating in the market crash of 2008, and its value plunged 35 percent, to $65,000. But rather than go into a mattress fund, the Nashville resident decided to invest in himself. UK retools flagship credit scheme to help small firms LONDON (Reuters) - Britain sought to inject new life into the country's stagnant economy on Wednesday by giving banks greater incentives to lend to small and medium-sized firms which complain they are starved of credit. China to increase scrutiny on wealth management products BEIJING (Reuters) - China will heighten oversight on wealth management products in 2013 by taking a closer look at money flows off banks' balance sheets to reduce financial risks at a time when growth is slowing in the world's No. 2 economy. Japanese investors sell $785 million in foreign currency toshins TOKYO (Reuters) - Japanese investors appear to be continuing to plough money into domestic equities despite expectations that Japan's aggressive push to reflate its economy, dubbed "Abenomics", would spark a massive flight of investment out of the country. The next crisis: Fed promised, Fed delivered - James Saft (James Saft is a Reuters columnist. The opinions expressed are his own.) KPMG chairman says campaign against auditor anonymity misleading SHANGHAI (Reuters) - Renewed calls by U.S. regulators for those who sign off on audit reports to be publicly named, sparked by an insider trading scandal at KPMG, will do little to restore investor confidence, the audit firm's chairman said on Tuesday. Two former prosecutors named to head U.S. SEC enforcement WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission has named two former federal prosecutors as co-heads of enforcement, in one of new agency chief Mary Jo White's first actions on the job. Industrial IPOs increase as investors bet on economy, housing NEW YORK (Reuters) - Investors looking to take advantage of the recovering U.S. housing market have flocked to large public offerings from industrial companies despite the sector's high debt load and modest growth. More than 90 percent of New York, New Jersey Sandy claims settled - trade group (Reuters) - More than 90 percent of the insurance claims lodged in New York and New Jersey in the wake of Superstorm Sandy have been settled, the Insurance Information Institute said on Monday. Related Video 3 rules for buying a house now 5 steps before you ask for a divorce – Money Clip Business News Wall Street opens flat after data Weak durable goods orders point to sluggish economy The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend