Reuters Money: Jobless claims fall to lowest level in almost five-and-half years

	Click to View in Browser 05/9/2013 Jobless claims fall to lowest level in almost five-and-half years WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits dropped to its lowest level in nearly 5-1/2 years last week, signaling labor market resilience in the face of fiscal austerity. Foreclosure activity at six-year low in April: RealtyTrac NEW YORK (Reuters) - Foreclosure activity fell in April to its lowest level in more than six years, the latest sign the recovery in the housing market is on track, a report from RealtyTrac showed on Thursday. Einhorn's advice to investors: don't take my advice NEW YORK (Reuters) - David Einhorn, one of the most closely followed managers in the $2 trillion hedge fund industry, had some blunt advice on Wednesday for his fellow investors: Do your own homework. In Sin City, Paulson glosses over his losses: sources LAS VEGAS (Reuters) - Days after reporting some of the industry's deepest losses, hedge fund billionaire John Paulson said investors should stick with managers for the long term and reminded a conference audience that he had made billions in the past. Is college worth it? NEW YORK (Reuters) - The message that everyone should go to college does a disservice to the 60 percent of students who do not finish their degrees within six years, according to new research from Brookings Center on Children and Families, a non-partisan research center in Washington. U.S. consumer protection bureau calls for student loan solutions WASHINGTON (Reuters) - The U.S. Consumer Financial Protection Bureau warned on Wednesday that the economy will soon feel the effects of surging student loan debt unless steps are taken to ease the burden on existing borrowers. Should you write a book? NEW YORK (Reuters) - Wealth managers who think that writing a book will bring them influence and a flood of new clients may want to think again. Billionaire investors take aim at Fed's policies at Sohn event NEW YORK (Reuters) - Wealthy money managers bashed Federal Reserve Chairman Ben Bernanke's easy money policies at a closely watched annual investment conference and charitable event on Wednesday. DoubleLine's Gundlach says stay away from bank deposits, gold NEW YORK (Reuters) - Jeffrey Gundlach, star bond investor and head of DoubleLine Capital, said on Wednesday at the Sohn Investment Conference in New York that investors should avoid bank deposits gold, adding that record low interest rates will be around for some time to come. Stern Advice: A tax strategy for all seasons WASHINGTON (Reuters) - Just when you may have thought that federal tax policy was set - that January's "fiscal cliff" deal meant you could go about your financial life with multi-year certainty - Washington is again talking of comprehensive tax reform. Related Video Big dividends can mask big risks - Money Clip How to cash in on lawsuits - Investing 201 Business News Jobless claims fall to lowest level in almost five-and-half years Wall Street opens lower after record high rally The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend