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Friday, March 1, 2013

Reuters Money: Why retailers are pinning hopes on Pinterest

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03/1/2013
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
Why retailers are pinning hopes on Pinterest
NEW YORK (Reuters) - After a tough day at work as a publicist in Minneapolis, Becca Bijoch would often indulge in a little retail therapy. She usually headed out to the stores as she did not care much for online shopping.
Don't let frequent flier miles die with you
NEW YORK (Reuters) - My uncle and I were different in many ways, but we shared a love of travel. After he died last March, I learned he had bequeathed me the one thing I would really appreciate - more than 100,000 frequent flyer miles.
A new 401(k) success formula: Low cost plus advice
(The writer is a Reuters columnist. The opinions expressed are his own. For more from Mark Miller, see http://link.reuters.com/qyk97s)
YOUR MONEY-Taxpayers face delays as well as 'sequester'
NEW YORK (Reuters) - Mark Steber can't file his taxes. This is especially annoying for a man who is chief tax officer for Jackson Hewitt Tax Service Inc, the second-largest tax preparer in the United States.
High court limits SEC authority to seek penalties
WASHINGTON (Reuters) - The U.S. Supreme Court on Wednesday limited the authority of the Securities and Exchange Commission to seek civil penalties over conduct that occurred more than five years before investigators took action.
Hedge fund in "Whale" trade tried to poach JPM employees: sources
NEW YORK (Reuters) - BlueMountain Capital, a hedge fund involved in JPMorgan Chase & Co.'s $6.2 billion trading loss last year, tried to recruit several employees in the bank's chief investment office in the months before the losses, according to two people familiar with the matter.
Why Jamie Dimon is richer than you: James Saft
(James Saft is a Reuters columnist. The opinions expressed are his own.)
Private equity investors temper return expectations
BERLIN (Reuters) - Private equity investors hoping for outsized profits are facing an awkward truth - investment returns have shrunk and are unlikely to go back to their peak levels.
Stern Advice: How anti-inflation bonds could smack investors
WASHINGTON (Reuters) - Many mom and pop investors buy Treasury inflation-protected securities (TIPS) in the belief that they are as safe as safe can be: The full faith and credit of the U.S. government stands behind them, and their returns adjust to keep up with inflation.
Analysis: Bond managers fret junk bond rally is losing steam
NEW YORK (Reuters) - There may be no such thing as a sure bet on Wall Street, but junk bonds have come pretty close over the past four years. Now the high-yield market feels frothy enough to a number of the biggest bond market players that they are shying away from junk.
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