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Friday, July 26, 2013

Reuters Money: U.S. indicts hackers in biggest cyber fraud case in history

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07/26/2013

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

U.S. indicts hackers in biggest cyber fraud case in history

NEWARK, N.J./BOSTON (Reuters) - Federal prosecutors said on Thursday they have charged five men responsible for a hacking and credit card fraud spree that cost companies more $300 million and two of the suspects are in custody, in the biggest cyber crime case filed in U.S. history.

How should teens handle their summer-job money?

NEW YORK (Reuters) - Anchorage, Alaska, teen Grace Bolt isn't spending her summer lolling at the pool or in front of a video game controller - she's juggling a variety of jobs and cashing a variety of paychecks.

Businesses set to step up capital goods spending

WASHINGTON (Reuters) - A gauge of planned business spending on capital goods rose in June, buoying hopes of an acceleration in economic growth in the second half of 2013.

The perks and risks of having a side job

(Reuters) - In 1988 John Burke was a 26-year-old broker at Merrill Lynch whose main method of finding new clients was cold calling from a phone book.

U.S. taxable bond funds post biggest weekly inflows since May: Lipper

(Reuters) - Investors in funds based in the United States put $4.57 billion into taxable bond funds in the latest week, the most since early May, on further reassurance that the Federal Reserve is flexible on the timing for ending its stimulus, data from Thomson Reuters' Lipper service showed on Thursday.

Bloomberg cancels its new wealth management product

(Reuters) - Bloomberg LP is canceling its new wealth management service, BloombergBlack, before it hits the market.

U.S. charges SAC Capital with insider trading crimes

By Emily Flitter, Svea Herbst-Bayliss and Jonathan Stempel

Planning for a generation that will live past 100

BOSTON (Reuters) - More than half of the babies born today may expect to live past the age of 100, according to the U.S. Census Bureau, which forecasts the number of Americans over 65 doubling to 80 million by 2040.

Three tips for older Americans enrolling in Obamacare

CHICAGO (Reuters) - The marketing blitz for the launch of Obamacare is underway, with ad campaigns in many states featuring actors, musicians and athletes urging people to sign up for the health insurance program. A big federal ad campaign will follow in September.

SAC indictment describes 'insider trading group' at Citadel: sources

NEW YORK (Reuters) - A former employee of SAC Capital Advisors' Chicago office was once part of an "insider trading group" at a rival hedge fund, according to an indictment filed on Thursday against SAC.