Reuters Money: Gasoline lifts consumer inflation in June

	Click to View in Browser 07/16/2013 Gasoline lifts consumer inflation in June WASHINGTON (Reuters) - U.S. consumer prices rose more than expected in June as gasoline prices jumped and underlying inflation pressures stabilized, keeping on track expectations the Federal Reserve will start scaling back its bond purchases later this year. A loan pool to help clients help family float school bills NEW YORK (Reuters) - College expenses are on a lot of people's minds now that interest rates on U.S. government-backed student loans have doubled to 6.8 percent. Dan Loeb's Third Point Re files for IPO of up to $250 million (Reuters) - Property and casualty reinsurer Third Point Re, controlled by billionaire hedge fund manager Dan Loeb, filed to raise up to $250 million in an initial public offering of its common stock. Modest rise in retail sales offers cautionary economic note WASHINGTON (Reuters) - Retail sales rose less than expected in June, the latest sign of a slowdown in economic growth that offers a cautionary note to the Federal Reserve as it mulls scaling back its monetary stimulus. Calpers investments up 12.5 percent in latest 12 months PETALUMA, California (Reuters) - The California Public Employees' Retirement System, the biggest U.S. public pension fund, on Monday reported a 12.5 percent return on assets for the 12 months ended June 30, led by global equities and real estate holdings as results outperformed the fund's own benchmark. House panel probes risk council role in SEC money fund rule WASHINGTON (Reuters) - A House of Representatives Republican who oversees an investigative committee said on Friday the new U.S. systemic risk council overstepped its authority with an attempt to push through rules to rein in the $2.6 trillion money market fund industry. Hedge funds seek chance to shine in QE slowdown LONDON (Reuters) - Hedge funds view the prospect of an end to U.S. money printing as a chance to buy riskier assets, including troubled euro zone bonds and U.S. stocks, and show they can perform better when markets are less predictable. U.S. stock funds gain $11.8 billion on solid economic recovery (Reuters) - Investors regained confidence in stock funds over the latest week and poured $11.8 billion into U.S. equity funds, their biggest weekly inflows since September 2011, data from EPFR Global showed on Friday. Column: Bonds are not safe (Reuters) - The old stock market cliché "sell in May, and go away" had so far proved untrue this year. Instead, it is the bond market, so often perceived as steady, low risk and dependable, that has bitten investors. SEC upholds supervisor's ban for broker's trading (Reuters) - Looking the other way while a broker racks up commissions by making excessive trades can have devastating consequences for his or her supervisor: a lifetime ban from the securities industry. Related Video How to play banker on the web Big dividends can mask big risks - Money Clip Business News Wall Street set for flat open, Goldman likely to boost financials Gasoline lifts consumer inflation in June 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