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Friday, May 31, 2013

Reuters Money: It's wedding season, are you covered?

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05/31/2013

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

It's wedding season, are you covered?

(Reuters) - Last year, Natalia Esparra, then 34 and a new bride, learned that something had gone wrong with her photographer's memory card and that all of her wedding photos had disappeared. Three recovery companies looked at the memory card, the backup hard drive and the laptop, but only 98 photos -- none with the wedding party in them -- were salvaged.

Millionaires ride stock market to more wealth: studies

NEW YORK (Reuters) - Global wealth grew faster in 2012 than in the previous two years, boosting the number of millionaires and improving the outlook of the wealthy, according to new studies.

Column: Boomers aren't working forever, after all

CHICAGO (Reuters) - Baby boomers have been talking a good game for years about working longer and reinventing the last third of life. Now that it's game time, their retirement decisions look somewhat conventional.

Airline fees complicate travel cost comparisons

(Reuters) - Trying to find the best deal for a flight used to be a lot easier. All you had to do was look at the price of airfare - and you could easily compare one to the next.

Analysis: Dividend stocks lose shine as U.S. bond yields rise

NEW YORK (Reuters) - As the S&P 500 stormed to a gain of 16 percent for the first five months of the year, the run was fueled by investors searching for yield.

U.S.-based funds holding risk assets hurt in latest week: Lipper

NEW YORK (Reuters) - Investors in funds based in the United States gave the least amount of cash to stock and taxable bond funds so far this year in the latest week as fears lingered that the U.S. Federal Reserve may scale back easing, data from Thomson Reuters' Lipper service showed on Thursday.

SEC taking steps to watch for money market fund outflows

WASHINGTON (Reuters) - The Securities and Exchange Commission is taking steps to help spot if money starts flowing to alternative investments as the SEC cracks down on money market funds.

Santander sells 50 percent stake in asset management arm

MADRID (Reuters) - Spain's biggest bank, Santander, has reached a deal with U.S. private equity firms Warburg Pincus and General Atlantic LLC to sell them a 50 percent stake in its asset management arm.