Career News 24/7: Reuters Money: SAC Capital deal with U.S. prosecutors gets closer: source

Friday, October 18, 2013

Reuters Money: SAC Capital deal with U.S. prosecutors gets closer: source

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10/18/2013

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

SAC Capital deal with U.S. prosecutors gets closer: source

By Matthew Goldstein, Katya Wachtel and Svea Herbst-Bayliss

U.S.-based money market funds have $43 billion outflow: Lipper

NEW YORK (Reuters) - U.S.-based money market fund assets recorded their largest one-week decline since August 2011 as investors pulled $43 billion out of fear over a possible U.S. government default, data from Thomson Reuters' Lipper service showed on Thursday.

Sweet and sour earnings back on the menu for U.S. investors

NEW YORK (Reuters) - It is back to basics on Wall Street after several weeks of market obsession with political maneuvering over a government shutdown and threatened debt default. But some of corporate America's numbers have been found wanting.

Will U.S. healthcare premium guessing game continue in 2014?

NEW YORK (Reuters) - Benefits consultant Aon Hewitt predicted that healthcare premium costs for large U.S. employers would rise about 6 percent in 2013, but when it tallied up its numbers for the year, the increase was only about 3.3 percent.

Column: Grand-dad, what's a rate hike?

(Reuters) - Like corded telephones, it is looking like our grandchildren will someday need to have the concept of rate hikes explained to them.

Column: Why it may require an MBA to pick the right health plan

CHICAGO (Reuters) - Do you need an MBA degree to figure out the new health insurance exchanges?

Silicon Valley finds new ways to back tomorrow's winners

SAN FRANCISCO (Reuters) - A group of high-flying Silicon Valley investors is betting that there is room for one more program that fosters early-stage companies.

For hedge funds, debt crisis largely business as usual

BOSTON/NEW YORK (Reuters) - Hanging tough seems to have been the right strategy for a good number of money managers now that Congress has approved a stop-gap deal to avoid a federal debt default and reopen the U.S. government.

U.S. student loan borrowers face processing problems, watchdog says

WASHINGTON (Reuters) - Private student loan borrowers report payment processing errors that hurt their credit and raised costs, and lawmakers may need to step in if the problems hurt the economy, a U.S. consumer watchdog said on Wednesday.

Exercise gadget dropouts pay a high price

NEW YORK (Reuters) - A few years ago, Chad Sommer, 41, a long-time athlete from Chicago, thought he'd make an "official" investment in his health. To start, he bought a basic Polar heart rate monitor ($70).