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Tuesday, October 29, 2013

Reuters Money: U.S. consumer spending gauge rises in September, wholesale inflation muted

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10/29/2013
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U.S. consumer spending gauge rises in September, wholesale inflation muted
WASHINGTON (Reuters) - A gauge of U.S. consumer spending rose in September as Americans likely snapped up Apple's new iPhone and bought leisure goods, but falling sales of automobiles pointed to sluggish economic growth during the third quarter.
U.S. consumer spending measure rises, but auto sales tumble
WASHINGTON (Reuters) - A gauge of U.S. consumer spending rose in September as Americans likely snapped up Apple's new iPhone and bought leisure goods, but falling sales of automobiles pointed to sluggish economic growth during the third quarter.
How to beat office collection overload
NEW YORK (Reuters) - Lance Cothern remembers when he finally hit the tipping point with office fundraisers.
Credit markets see Morgan Stanley as less risky than Goldman
NEW YORK (Reuters) - Morgan Stanley is now seen in derivatives markets as less likely to default on its debt than Goldman Sachs, a reversal of long-term price trends that signals investors' confidence in the bank's efforts to make itself safer.
New unsecured loans beckon, but should you bite?
(Reuters) - Late last summer, Jeff Whiting was going back and forth with his credit union about whose name should appear on the title of the GMC Yukon he was trying to finance. So the 35-year-old Austin, Texas, attorney went in a different direction, taking a $45,000 unsecured loan from an online lender instead.
Canadian financial advisers resist change to fee model
TORONTO (Reuters) - Canadian financial advisers have watched regulators around the world ban embedded fees on popular products like mutual funds, but the slow pace of change in Canada has left them lobbying hard to preserve a profitable business model.
Three firms settle SEC charges over custody rule violations
(Reuters) - Three investment firms have been sanctioned by the U.S. Securities and Exchange Commission for violating a rule designed to insure the safekeeping of customer funds, the agency said on Monday.
Wall Street's love affair with Facebook hinges on mobile
SAN FRANCISCO (Reuters) - Facebook Inc finally earned Wall Street's love in the second quarter. Now it needs to make the relationship last.
It's flu season: Should you get a shot?
(Reuters) - When her law office offered flu shots in mid-October, Kelly Walsh, a paralegal in Boston, hesitated.
Wealth managers say they hear 'nary a tweet' for Twitter's IPO
NEW YORK (Reuters) - Twitter Inc has set a relatively modest price range for its closely watched initial public offering, but some financial advisers say their clients are not clamoring to invest in the social media phenomenon.
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