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Thursday, September 26, 2013

Reuters Money: BlackRock launches short-maturity bond ETF

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09/26/2013
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
BlackRock launches short-maturity bond ETF
NEW YORK (Reuters) - BlackRock Inc, the largest provider of exchange-traded funds through its iShares business, is set to launch a new actively managed ETF focused on short-maturity bonds that will begin trading Thursday.
What Obamacare will mean for retirees
CHICAGO (Reuters) - When the autumn leaves start to fall, it is time for Medicare enrollment. Starting on October 15th, seniors can shop for prescription drug or Medicare Advantage managed-care plans in online exchanges that let them compare features and prices.
ICAP fined $87 million over Libor, three former staff charged
LONDON/WASHINGTON (Reuters) - U.S. and British authorities on Wednesday fined ICAP, the world's biggest interdealer broker, $87 million and filed criminal charges against three former employees over the Libor interest rate rigging scandal.
Braving the new world of Obamacare exchanges
WASHINGTON (Reuters) - Here comes the day the Obamacare enthusiasts have been waiting for and the haters have dreaded: The state health insurance exchanges mandated by the Affordable Care Act open for business on Tuesday, October 1.
U.S. ends long-running silver market probe, taking no action
NEW YORK/WASHINGTON (Reuters) - U.S. regulators on Wednesday closed a five-year investigation into alleged manipulation of the silver market, saying 7,000 staff hours of investigation produced no evidence of wrongdoing.
Zoe's Kitchen in talks with banks about IPO -sources
(Reuters) - Mediterranean style restaurant chain Zoe's Kitchen is beginning to speak with banks about an initial public offering that could come next year, according to two sources familiar with the matter.
U.S. household wealth rises $1.3 trillion in second quarter
WASHINGTON (Reuters) - A rise in home and stock prices lifted U.S. household net worth to a record high in the second quarter, giving a hopeful sign for the nation's economy, Federal Reserve data showed on Wednesday.
U.S.-based bond funds have smallest outflows in six weeks: ICI
NEW YORK (Reuters) - Investors in mutual funds based in the United States pulled just $2.64 billion out of bond funds in the latest week amid expectations that the Federal Reserve will keep its bond-buying program largely intact, data from the Investment Company Institute showed on Wednesday.
Is it ever OK to lie about money?
NEW YORK (Reuters) - Lying to a spouse, or a parent, or a kid about one's financial affairs? Terrible idea.
In divisive Washington, commission punts on long-term care
CHICAGO (Reuters) - Why can't we all just get along when it comes to long-term care?
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