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Friday, December 21, 2012

Reuters Money: Where to get the best winter travel deals

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12/21/2012
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
Where to get the best winter travel deals
(Reuters) - When the holidays end and year-end reports are out of the way, a nice trip could prove tempting. Even more alluring would be a travel bargain that could get you into that ski lift or beach chair for less.
Credit debt, tax reform, low savings keep money pros up at night
NEW YORK (Reuters) - If you're reading this article after Dec 21, the Mayans got it wrong. The world is still here.
Hedge fund Sloane Robinson hit by emerging market slowdown
LONDON (Reuters) - The slowdown in emerging markets is hitting hedge fund Sloane Robinson hard, highlighting how, even as the industry attracts investors, managers can quickly fall from grace if they fail to perform.
Exclusive: U.S. Treasury to miss deadline on tax crackdown - sources
WASHINGTON (Reuters) - The Treasury Department will miss a year-end deadline to publish final rules for a new global tax enforcement regime targeting the offshore assets of U.S. taxpayers, sources familiar with the timing said on Wednesday.
Trampoline for the kids? Check your insurance first
(Reuters) - Trampolines, swimming pools, treehouse kits and certain breeds of puppies are holiday gifts that make children bubble over with glee, but they cause homeowner's insurance agents to cringe.
FASB floats stronger bank credit risk accounting standard
WASHINGTON (Reuters) - U.S. banks would have to disclose a clearer and timelier view of credit risk under a proposal made on Thursday by the U.S. accounting standard setter. Its chairman said the new standard might force banks to boost loan-loss reserves by 50 percent.
Pershing Square's Ackman escalates fight with Herbalife
(Reuters) - Activist investor Bill Ackman ramped up his campaign against Herbalife Ltd on Thursday with a three-hour presentation in which he called the weight management products company an unsustainable "pyramid scheme."
Global funds end bullish 2012 with some caution: Reuters poll
LONDON (Reuters) - Global investors pared back equity holdings as 2012 wound down, preferring to bank gains from a surprisingly bullish year as they awaited a green light from U.S. budget negotiations.
U.S. funds cut equity stakes to year low on fiscal worries: Reuters poll
NEW YORK (Reuters) - U.S. investment firms headed towards the new year defensively, with average equity holdings hitting a more than 13-month low and average bond weightings at their highest in all of 2012, a Reuters poll showed on Thursday.
Exports, government spending buoy third-quarter growth
WASHINGTON (Reuters) - The U.S. economy grew faster than previously estimated in the third quarter as exports and government spending provided a lift, but that boost is likely to be lost amid slowing global demand and a move towards tighter fiscal policy.
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