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Monday, July 1, 2013

Reuters Money: How to live up to your LGBT marketing

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07/1/2013
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
How to live up to your LGBT marketing
(Reuters) - Gays and lesbians may not yet have full marriage equality in every state, but in the eyes of the wealth management industry, their money is as good as anyone's.
What older Americans can do about big student loans
NEW YORK (Reuters) - In the debate over growing student debt, there has always been one mitigating factor: Borrowers tend to be fairly young and there is plenty of time to pay off what they owe.
Consumer sentiment ends June to near six-year high
NEW YORK (Reuters) - Consumer sentiment improved in late June, ending the month close to a near six-year high set in May, as optimism among higher-income families rose to its strongest level in six years, a survey released on Friday showed.
Consumer spending, jobs data point to lukewarm growth
WASHINGTON (Reuters) - Consumer spending rebounded in May and new applications for unemployment benefits fell last week, suggesting the economy remained on a moderate growth path.
U.S.-based taxable bond funds post $8.62 billion outflows: Lipper
(Reuters) - Investors in funds based in the United States pulled $8.62 billion out of taxable bond funds in the latest week, marking the first four-week streak of outflows from the funds since 2008, data from Thomson Reuters' Lipper service showed on Thursday.
Singapore home prices up again, suburbs seen most vulnerable to correction
SINGAPORE (Reuters) - Singapore home prices rose for a fifth straight quarter in the three months to June, and analysts said owners and developers of private apartments in the outer suburbs appear most at risk should the property market correct.
Same-sex couples see big tax benefits from historic ruling
NEW YORK (Reuters) - Jennifer Cole-Ruiz, a chef who recently opened La Mujer Gala tapas restaurant in Brooklyn with her wife, Madelein Ruiz, on Wednesday night planned to celebrate the historic U.S. Supreme Court decisions in support of same-sex marriage with a glass of cava after their customers had gone home.
Pennsylvania lawmakers pass budget but not pension reform
Harrisburg, Pennsylvania- (Reuters) - Pennsylvania Governor Tom Corbett signed a nearly $28.4 billion budget for fiscal 2014, which starts on Monday, but lawmakers declined to take action Sunday on a controversial public pension bill until fall.
Ohio governor signs budget including tax cut, anti-abortion provision
CLEVELAND (Reuters) - Ohio's governor signed a two-year, $62 billion state budget on Sunday that seeks to spur economic growth with a reduction in personal income taxes and includes a provision that critics say will tighten restrictions on abortions in the state.
Mysteries of the middle class: Chrystia Freeland
NEW YORK (Reuters) - If you are worried about the Western middle class - and we all should be - you may have started to have some doubts about the virtues of flexible labor markets. In theory, flexible labor markets should make our economies more productive, and all of us richer, by making it easier for people to do the work the economy needs and to stop doing the work it doesn't.
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