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Thursday, January 17, 2013

Reuters Money: Taxes will rise for more than just the ultra-wealthy

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01/17/2013
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
Taxes will rise for more than just the ultra-wealthy
NEW YORK (Reuters) - The big numbers under discussion following the American Taxpayer Relief Act of 2012 have been $400,000, the income level where new marginal rates kick in for singles, and $450,000, for married couples filing jointly.
Countdown to healthcare reform
WASHINGTON (Reuters) - If you like your 401(k) retirement savings account, you're going to love what healthcare reform does to your employer-provided health care plan.
T-bills more volatile as debt ceiling deadline nears
NEW YORK (Reuters) - Some fixed income investors are getting nervous that the United States may have to delay debt payments due in February and March, as negotiations in Washington over how to cut spending and raise the debt ceiling again look likely to drag out until the last minute.
UK judge slams banks defrauded by fake tycoon
LONDON (Reuters) - A British judge sentenced a fake tycoon who defrauded two banks out of 769 million pounds to seven years in jail on Thursday but said the banks bore some responsibility because of their poor checks.
JP Morgan, margins and speculation: James Saft
(Reuters) - The risk controls may have changed but many of the preconditions for JP Morgan's epic speculative loss remain - for all too-big-to-fail banks.
U.S.-based stock funds reap record inflow of $14.82 billion: ICI
NEW YORK (Reuters) - Investors in U.S.-based mutual funds poured $14.82 billion into stock funds in the week ended January 9, a record according to weekly data that extends back to the start of 2007, the Investment Company Institute said on Wednesday.
Yale's secret: skillful managers in turbulent markets
(Reuters) - Yale University's Endowment makes more money than most in the infrequently traded and illiquid world of alternative assets by picking the most skillful of managers.
HomeAway backer Redpoint closes $400 million early-stage fund
SAN FRANCISCO (Reuters) - Redpoint Ventures, the venture-capital firm behind digital-video recording company TiVo and vacation-rental company HomeAway, has closed a $400 million fund, the firm announced Wednesday.
United Capital acquires Seattle investment adviser
(Reuters) - United Capital Financial Advisers LLC, a Newport Beach, California-based wealth manager, has expanded its footprint in Seattle with a team of advisers who manage more than $1 billion in client assets.
EU launches search for most dangerous financial product
BRUSSELS (Reuters) - What are the world's most dangerous financial products?
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