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Thursday, August 9, 2012

Reuters Money: UK help not on the way: James Saft

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08/9/2012
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
UK help not on the way: James Saft
(Reuters) - Things are tough in Britain, and meaningful help most certainly is not on the way.
Jobs, trade data supports modest economic growth
WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits fell last week while the trade deficit in June was the smallest in 1-1/2 years, hopeful signs for the struggling economy.
JPMorgan says bank regulators force capital recalculation
(Reuters) - Bank regulators forced JPMorgan Chase & Co to recalculate capital levels for its primary banking unit, resulting in lower readings of its cushion against losses, the company said on Thursday.
Health reform may expose immigrant status of millions
WASHINGTON (Reuters) - As she was ushered into surgery eight years ago, Paula was confident that doctors at Washington's Howard University Hospital would find the cancer that had been growing in her right breast for months. She was less certain about where she would wake up the next day.
Exclusive: UBS, State Street discussed asset management merger
NEW YORK (Reuters) - UBS was in talks with State Street Corp about a possible combination of their asset management businesses, but those talks fell through in June, according to two people familiar with the situation.
Equity funds bleed most in 10 weeks: ICI
NEW YORK (Reuters) - Investors in U.S.-based mutual funds withdrew the most money from equity funds in 10 weeks and opted for safer bonds even as markets rallied on hopes for euro zone progress, data from the Investment Company Institute showed on Wednesday.
Stern Advice - Managing medical costs in retirement
WASHINGTON (Reuters) - Even if you're healthy, medical costs are likely to take up a large and growing percentage of your retirement budget.
Sending your kid back to school? It's going to cost you
NEW YORK (Reuters) - Brooklyn's Juliette Posner remembers the exact moment she realized just how broke public schools really are.
Time may be ripe to buy low-cost option protection
(Reuters) - With major stock benchmarks close to four-year highs and the option market's barometer of fear in a summer slumber, strategists say it may be a good time to pick up low-cost portfolio insurance for the year-end.
Playing the financial aid game
NEW YORK (Reuters) - At the Iowa State Fair, you can score a $1,000 contribution to a 529 savings plan by winning a raffle.
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