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Monday, August 13, 2012

Reuters Money: Condos for college kids? Do the math first

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08/13/2012
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
Condos for college kids? Do the math first
CHICAGO (Reuters) - Friends of mine recently bought a condo for their son to live in while he's in college. Most people simply bite the bullet and pay for room and board, but they were able to save some money.
China soybean import demand to wane, softening prices: Clyde Russell
-- Clyde Russell is a Reuters market analyst. The views expressed are his own. --
Crowdfunded businesses may owe taxes, too
NEW YORK (Reuters) - When Julie Uhrman, chief executive of gaming start-up Ouya Inc, went looking for funding to launch a new video gaming console, she turned to crowdfunding site Kickstarter Inc.
Pensions burden Rhode Island towns despite state reform
(Reuters) - Last year, Rhode Island enacted what experts said was the most far-reaching, sophisticated public pension reform in the country to date, becoming a model for other states and cities seeking to reshape their own ballooning pension systems.
Property hunters miss far-flung bargains in stampede to safety
LONDON (Reuters) - European real estate investors are so spooked by the region's sovereign debt crisis that a blinkered focus on the best neighborhoods of London, Paris and Berlin means they are missing dramatically better deals in far-flung locations.
Euro may fall victim to German internal politics
LONDON (Reuters) - When a former German finance minister characterizes the euro zone as a "Haftungsgemeinschaft", a community of liabilities, even the most fervent euro supporters might have pause for thought.
Europe's suppliers outshine carmakers in crisis
FRANKFURT (Reuters) - Investing in Europe's auto industry seems like a poor idea these days, but look beyond the headline struggles of mass market car makers and things are looking up for those firms' big suppliers.
Despite setback, investors not ready to dump bonds
NEW YORK (Reuters) - For most of 2012, U.S. Treasury yields have been headed in one direction: down. After the 10-year yield hit a record low 1.38 percent in July, it seemed a move to 1 percent was just around the bend.
July a letdown for hedge funds reaping big returns this year
NEW YORK (Reuters) - After several months of strong performances by many of the best known names in the $2 trillion hedge fund industry, July was a letdown.
U.S. import prices fall on oil, industrial supplies
WASHINGTON (Reuters) - U.S. import prices unexpectedly fell in July for the fourth straight month as costs declined for imported oil, industrial supplies and even many consumer goods, further icing inflation pressures.
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