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Tuesday, April 9, 2013

Reuters Money: Japan's big leak: James Saft

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04/9/2013
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
Japan's big leak: James Saft
(Reuters) - The Bank of Japan's massive new bid for inflation will create growth but to its chagrin much of it may well be concentrated in financial markets and outside of Japan.
U.S. airline complaints take off; can flyers fight back?
(REUTERS) - Consumer complaints against U.S. airlines rose sharply in 2012, even as the carriers claimed a better record of on-time arrivals and luggage handling.
Insight: Insurers see promise in pay-for-performance health plans
(Reuters) - Insurers and doctors are testing a way to pay for healthcare that has been more common in the corporate suite than the emergency room - paying for better performance, betting it is the key to controlling runaway costs.
Activist investors find allies in mutual, pension funds
NEW YORK (Reuters) - Institutional investors, who used to shun activist investors and side with a company's management on most controversial issues, are starting to change their tune.
Top tax writers renew pledge for tax code revamp
WASHINGTON (Reuters) - The heads of the two tax-writing committees in Congress brushed aside skeptics on Monday and pledged in an opinion piece published in the Wall Street Journal to seek a bipartisan tax code overhaul despite fierce political headwinds.
Insurance missteps can trigger steep costs
(Reuters) - Choosing professional liability insurance is often a daunting process for financial advisory firms, leading many to gloss over the fine print or skimp on coverage. That can prove to be a costly misstep.
Public pensions risks vary widely for local government: Fitch
(Reuters) - Fitch Ratings said on Monday that local government pension liabilities vary largely for the more than 1,000 local governments it rates, and in some cases it expects the underfunded retirement systems will become a "source of budgetary pressure."
Take the lazy portfolio route to big returns
CHICAGO (Reuters) - I have always found that laziness is a virtue when it comes to managing my own money. The less I trade, the better my performance.
Tax tips for procrastinators counting down to April 15
NEW YORK (Reuters) - Tax day this year falls on a Monday, making it all the more enticing for procrastinators to attempt to cram in all their accounting on the weekend prior. If this is your plan, you have a little bit of an excuse: The tax season started slowly as the Internal Revenue Service reworked many forms, as required by the year-end tax changes. But that doesn't make it any less painful now.
Curbing asset buys could reduce risks: Fed's Pianalto
WEST PALM BEACH, Florida (Reuters) - A top Federal Reserve official known for her centrist views on Monday detailed the potential risks posed by the U.S. central bank's quantitative easing program and argued they could be reduced by simply slowing the pace of asset purchases.
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