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Thursday, January 16, 2014

Reuters Money: Can you live without credit cards?

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01/16/2014
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
Can you live without credit cards?
(Reuters) - As more cyber thieves steal personal and financial information, can you insulate yourself from the risk of having your money and identity stolen by giving up credit and debit cards?
Success has many fathers
(Reuters) - If you are like most investors, you probably mistake catching a wave for being able to swim fast.
U.S.-based bond funds see first inflows since September: ICI
NEW YORK (Reuters) - Investors in U.S.-based mutual funds added $2.65 billion into bond funds at the start of the year after 14 straight weeks of outflows, data from the Investment Company Institute showed on Wednesday.
QFS shuts down its last fund, cites tough conditions
BOSTON (Reuters) - QFS Asset Management, which used a quantitative approach to global macro investing during 26 years in the business, said on Tuesday that it is shutting down its last remaining fund, citing difficult market conditions.
Women hedge fund managers outpace male rivals, again: study
BOSTON (Reuters) - Women hedge fund managers have outperformed their male rivals, on average, for the second year in a row, according to professional services firm Rothstein Kass which tracks the industry.
U.S. insider trading witness 'flabbergasted' by Martoma knowledge
NEW YORK (Reuters) - A doctor testifying in the insider trading trial of Mathew Martoma said Wednesday the former SAC Capital Advisors trader appeared to already know results from a drug trial that many researchers in the study themselves had only just learned.
Wells Fargo organizes meet to discuss Bitcoin rules: FT
(Reuters) - Wells Fargo & Co has called finance executives, virtual currency experts and U.S. government representatives to discuss "rules of engagement" with Bitcoin amid concern about the money laundering risk of the currency, the Financial Times reported.
Exclusive: Nasdaq pushes to speed up talks over market fixes
NEW YORK (Reuters) - Nasdaq OMX Group is prepared to walk away from running the data processor that was at the center of a three-hour trading halt in August, in a sign of its frustration with the pace of talks over implementing fixes for the system, according to documents seen by Reuters.
What Target customers should know about identity theft protection
(Reuters) - In the wake of a massive data breach that affected up to 100 million shoppers over the holidays, Target Corp has offered all of its customers - whether or not they were directly affected - a year of free credit monitoring. Is it an offer you should take?
Don't get stuck abroad with wrong credit card
(Reuters) - Americans run into big problems when they travel outside the country because their credit cards are not high-tech enough and because some issuers charge high fees for foreign transactions.
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