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Monday, November 11, 2013

Reuters Money: U.S. airfares decline, or do they?

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11/11/2013

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. airfares decline, or do they?

(Reuters) - U.S. domestic airfares are falling, the U.S. Department of Transportation reported Thursday. But there's something missing in the data that could affect your holiday travel bill: fees.

U.S. consumer sentiment unexpectedly falls in November

NEW YORK (Reuters) - U.S. consumer sentiment unexpectedly dipped in November to a near two-year low as lower-income households worried about their job prospects and financial outlooks and negative views of the government lingered, a survey released on Friday showed.

When to rent out your house instead of selling

WASHINGTON (Reuters) - Once a homeowner retires or takes a new job in another state, it usually doesn't take long for the "For Sale" sign to pop up on the front lawn.

Column: No, austerity did not work

(Reuters) - There have been a lot of sighs of relief in Europe lately, where countries like Britain and Spain, long in recession, have finally started to grow. Not by much, nor for long. But such is the political imperative to suggest that all the misery of fiscally tight economic policies was worth the pain that there are tentative claims the worst is now over and, ipso facto, austerity worked.

In SAC case, one chain of insider tips hit dead end before Cohen

NEW YORK (Reuters) - As lawyers for SAC Capital Advisors made final preparations on Friday to enter an expected guilty plea in the insider trading case against the hedge fund, a late-night filing in a related criminal case offered a close look at how one trail of inside information went cold just before it reached SAC founder Steven A. Cohen.

Investors pull $1.8 billion out of stock funds worldwide: BofA

NEW YORK (Reuters) - Investors pulled $1.8 billion out of stock funds worldwide in the latest week on uncertainty over the U.S. Federal Reserve's next move, data from a Bank of America Merrill Lynch Global Research report showed on Friday.

U.S. consumer spending tepid as households boost savings

WASHINGTON (Reuters) - U.S. consumer spending increased modestly in September as households boosted their savings and inflation remained benign, pointing to sluggish domestic demand.

U.S. jobs market dodges blow from government shutdown

WASHINGTON (Reuters) - U.S. job growth unexpectedly accelerated in October as employers shrugged off a partial government shutdown, suggesting the economy was on firm footing and raising the prospect the Federal Reserve may soon decide to temper its bond-buying stimulus.

Twitter and the coming crisis: James Saft

(Reuters) - The bad news is: we are going to have another crisis.

Richemont rules out divestments as growth picks up

ZURICH (Reuters) - Luxury goods group Richemont has decided not to sell underperforming businesses such as leather goods maker Lancel in part because it couldn't get a good enough price, disappointing analysts' hopes for a quick solution.