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Monday, April 2, 2012

Reuters Money: Analysis: Worried about stocks rally? Enjoy the peace and quiet

Reuters » Money 2012
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04/2/2012
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
Analysis: Worried about stocks rally? Enjoy the peace and quiet
NEW YORK (Reuters) - What if there was a rally, and nobody came?
Public pension finances rebound slightly: Census
WASHINGTON (Reuters) - The finances of public pensions rebounded in the final quarter of 2011 from the quarter before, but the cash and security holdings were still below end-of-2010 levels, according to U.S. Census data released on Thursday.
How to ace an elaborate job interview
(Reuters) - When Will Flaherty, 23, applied for a job as director of communications for SeatGeek, an aggregator of sporting-event and concert-ticket websites, he had to jump through several challenging hoops - even before he landed an interview.
Dalio tops hedge fund rich list, Paulson exits
NEW YORK (Reuters) - Three prominent hedge fund managers each made more than $2 billion in 2011, a year when most traders failed to earn money for their wealthy customers, according to an annual survey by AR magazine.
Schwab considers warnings on controversial exchange-traded products
NEW YORK (Reuters) - Discount brokerage Charles Schwab Corp is reviewing whether to add a warning when a customer is about to trade certain exchange-traded products, in one of the strongest warnings yet for retail investors about these esoteric securities.
Consumer spending jumps, GDP prospects brighten
WASHINGTON (Reuters) - U.S. consumer spending increased by the most in seven months in February as households shook off a rise in gasoline prices, leading economists to raise forecasts for first-quarter growth.
Security breach hits U.S. card processors, banks
(Reuters) - The U.S. Secret Service is investigating a major cyber intrusion at an Atlanta-based payment processor that could expose millions of MasterCard, Visa, American Express and Discover cardholders to fraudulent charges.
Lawsuits test UBS advice on offshore bank accounts
(Reuters) - The case of a wealthy U.S. businessman who pleaded guilty to evading taxes but then sued the Swiss bank where he hid his money is scheduled to go to trial on May 8, the first major test of civil legal challenges to Swiss banks that sold offshore private banking services to help Americans evade taxes.
Can Twitter make Roth IRAs trendy for young?
CHICAGO (Reuters) - While it's not trending as high on Twitter as #oomf (which stands for "one of my followers"), the hashtag #rothiramovement is hot in the personal finance Twitterverse right now.
Ford CEO pay rose 11 percent to $29.5 million in 2011
DETROIT (Reuters) - Ford Motor Co boosted Chief Executive Officer Alan Mulally's total compensation by 11 percent to nearly $30 million last year, despite the automaker falling short of its targets on market share, quality and costs.
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