Reuters Money: Wall Street needs strong earnings to sustain global stocks lead

	Click to View in Browser 04/15/2013 Wall Street needs strong earnings to sustain global stocks lead LONDON (Reuters) - First-quarter U.S. corporate earnings must show strong evidence that a secular improvement in the economy is benefiting American business if Wall Street is to sustain its leadership of a global stocks rally. Einhorn's big bet on gold slammed by sell-off BOSTON/NEW YORK (Reuters) - This year's sell-off in gold has been harmful for dedicated gold-bugs like hedge fund manager John Paulson but it has also hit managers like David Einhorn who is better known for his stock picks than his love of the yellow metal. Rosengren defends Fed's dual mandate, policy accommodation BOSTON (Reuters) - A top Federal Reserve official on Friday defended the central bank's dual mandate of full employment and price stability, and pointed to economic trends that suggest an even more accommodative policy stance might have been needed since the Great Recession. U.S.-based loan funds saw $1.5 billion record inflow NEW YORK (Reuters) - Investors worldwide poured $1.5 billion into corporate loan funds based in the United States in the week ended April 10, a weekly record showed, according to Bank of America Merrill Lynch. Hedge fund urges Jones Group to scale back: WSJ (Reuters) - Activist hedge fund Barington Capital Group is urging fashion company Jones Group Inc to sell parts of its portfolio, the Wall Street Journal reported citing a person familiar with the matter. Financing options open up for costly divorces NEW YORK (Reuters) - When big dollars are at stake in a divorce settlement - a situation faced by billionaire oilman Harold Hamm after his headline-grabbing breakup - the litigation tends to drag on for months, if not years. Crunch-time for money managers as swaps clearing deadline nears NEW YORK (Reuters) - Asset managers have been slow to set up accounts with clearing houses for over-the-counter derivatives ahead of a mandatory deadline, creating a nearly unmanageable backlog that could leave many firms unable to trade, industry participants said. The sorrow and the pity of Obama's budget NEW YORK (Reuters) - Pity Barack Obama. Everything in his life experience prepared him to be the president who would take on the big challenge of the 21st century: rising income inequality and the hollowing out of the middle class. Retirement savers go online for low-cost advice CHICAGO (Reuters) - Gary Zeiger could have used an investment adviser back in the 1990s. As a young techie at a software company, he got swept up in dot-com stock fever and lost two-thirds of his 401(k) portfolio when the bubble burst in 2000. Insider trading - all the cool kids are doing it (Reuters) - There are a bunch of kids out there trading on inside information, and you, me and the rest of the economy are paying the price. Related Video 5 steps before you ask for a divorce – Money Clip The do-it-yourself pension plan – Money Clip Business News Wall Street to open lower after China, Empire State data Dish tries to trump SoftBank with $25.5 billion Sprint offer 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