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Thursday, May 23, 2013

Reuters Money: Wall St. on the silver screen: Pros pick top movies

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05/23/2013
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
Wall St. on the silver screen: Pros pick top movies
NEW YORK (Reuters) - In the annals of Hollywood, Wall Street has not been treated very kindly.
Fiduciary rule, long postponed, faces more delays, lobbying
NEW YORK (Reuters) - The long-running Washington debate over whether and how to beef up ethical standards for Wall Street brokers who give financial advice shows no sign of ending.
Factory activity slips to seven-month low in May: Markit
NEW YORK (Reuters) - Manufacturing slowed for a second straight month in May as weak overseas demand and government belt-tightening at home led to the sector's most sluggish rate of growth since October, a survey showed on Thursday.
Despite hot stock market, you should avoid Japan
NEW YORK (Reuters) - Japan's white-hot stock market has investors crowding in, but there are a few reasons why you shouldn't follow the pack.
Analysis: In any scandal, lying to Congress is tough to prove
WASHINGTON, D.C. (Reuters) - When embattled Internal Revenue Service official Lois Lerner was called before a congressional committee Wednesday, she declared that she had done nothing wrong - but said she did not intend to testify. Her defiance only turned up the heat from Republicans who have threatened to take her to court for misleading Congress.
EU wants big companies to reveal national tax bills
BRUSSELS (Reuters) - Europe's top regulatory official is seeking to force large companies to disclose how much tax they pay in each country where they operate, a measure some politicians say could curb tax avoidance.
UK regulator fines JPMorgan 3 million pounds
LONDON (Reuters) - Britain's Financial Conduct Authority (FCA) said it has fined a wealth management unit of U.S. bank JPMorgan Chase 3.08 million pounds ($4.6 million) for being unable to show it was giving clients the right advice.
Column: Why pension funds are eating your 401(k)'s lunch
WASHINGTON (Reuters) - Pension funds - those old guaranteed-benefit retirement plans your grandma might have told you about - outperform those in 401(k) plans year after year, according to new research from consulting company Towers Watson.
Women edge out men in handling credit: Experian
(Reuters) - When it comes to managing credit, American women have a slight edge over men, according to a study of credit reports by the credit report agency Experian Plc.
Japan rates may torpedo recovery
(Reuters) - Spiking interest rates in Japan threaten to undermine, and possibly end, the recovery being engendered by Abenomics.
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