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Monday, April 16, 2012

Reuters Money: When your car doesn't get the mileage you expect

Reuters » Money 2012
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04/16/2012
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
When your car doesn't get the mileage you expect
(Reuters) - If you're a motorist expecting to get 35 miles per gallon on your new car and you end up only getting 20, the cost difference can add up. At the current national average of $3.94 per gallon of regular unleaded gas, it would cost those with a lower-performing car an extra $1,266 after driving it 15,000 miles, the average distance that Americans travel over the course of a year.
Obama calls on Romney to release tax returns: Univision
WASHINGTON (Reuters) - President Barack Obama called on likely Republican presidential nominee Mitt Romney to release more of his tax returns, in an interview with Univision released on Saturday.
U.S. tests rare legal path in financial crisis cases
WASHINGTON (Reuters) - An Obama administration task force established to investigate misconduct that fueled the financial crisis is turning to a little-used statute that may make such cases easier to bring, according to people familiar with the matter.
Ex-Merrill veterans open independent brokerage firm
(Reuters) - Two former Merrill Lynch veterans on Thursday announced that they opened an independent, adviser-owned brokerage firm, saying they hope it will attract top talent from the biggest U.S. brokerages and grow to be global in scale.
Analysis: Funds cut expenses lending hot stocks to shorters
BOSTON (Reuters) - A string of frothy initial public offerings gave a surprise boost to some of their mutual fund shareholders in the first quarter.
Ex-Synergy CEO charged in New York in $26 million bank fraud
(Reuters) - A former chief executive of bankrupt food company Synergy Brands Inc has been criminally charged with attempting to inflate sales through a massive cross-border check-kiting scheme that cost one bank $26 million, federal prosecutors said on Friday.
Don't do the portfolio tango on Spanish concerns
CHICAGO (Reuters) - The rain in Spain will only cause you pain. So goes the latest worry about Spain's current financial woes for international investors. Yet that may not be the case if you're truly a global investor and look at the larger picture in the United States and abroad.
Digitizing your personal finance life
NEW YORK (Reuters) - Have you emerged yet from the mountain of receipts and financial statements you need to sort and calculate to complete your tax return? And is paper already piling up or 2012?
Next wave of Merrill departures seen legacy BofA brokers
NEW YORK (Reuters) - Hundreds of legacy Bank of America brokers may form the next wave of departures from Merrill Lynch after many recently pocketed their retention bonuses, recruiters and former brokers say.
The new perks of first-class travel
NEW YORK (Reuters) - During a recent trip to Colorado, jewelry designer Alicia Mohr planned another vacation from an unusual spot - a hot tub at a Starwood hotel, where she is a platinum-level preferred customer.
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