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Friday, July 5, 2013

Reuters Money: Steady U.S. job gains to keep Fed's focus on tapering

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07/5/2013
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
Steady U.S. job gains to keep Fed's focus on tapering
WASHINGTON (Reuters) - U.S. job growth probably slowed in June, but not enough to shift the Federal Reserve away from expectations that it will start scaling back its massive monetary stimulus later this year.
Why higher U.S. yields should cheer investors
LONDON (Reuters) - Rising U.S. bond yields should embolden, not spook, investors as they reflect improving growth and increase the allure of assets that most benefit from an economic upturn.
How to prepare for a video job interview
(Reuters) - Discussing your qualifications for a new job via a video interview sounds easy enough and even appealing. No worrying if your palms are clammy when you shake hands, since you won't be shaking hands. You don't have to travel farther than your own home. As long as you look presentable from the waist up, you could even skip a shower and interview in sweatpants.
Summer reading picks for financial advisers
(Reuters) - As people head for vacations this holiday week, we asked five financial advisers to recommend books suitable for the beach but still relevant to the wealth management industry.
SAC's Cohen seen avoiding criminal charges by July deadline: WSJ
BOSTON (Reuters) - U.S. prosecutors do not have enough evidence to file criminal insider trading charges against hedge fund manager Steven A. Cohen before a July deadline, the Wall Street Journal reported on Thursday.
For online lenders, Wall Street cash brings growth and risk
SAN FRANCISCO (Reuters) - Institutional investors are tripping over themselves to buy so-called peer-to-peer loans offered by a new breed of Internet lending companies, a development that could transform the nascent sector into significant player in the credit markets.
N.Y. attorney general probes payroll cards over fees
New York (Reuters) - New York is investigating some of the country's largest companies over their use of cards to pay hourly employees, a person familiar with the matter said on Wednesday.
A grain of salt for those retirement projections
WASHINGTON (Reuters) - Only cave dwellers have missed the boom in retirement-planning studies: what seems like a daily barrage of industry-funded surveys and white papers pointing to an aging population so woefully unprepared they will have work until they are 90, brown-bagging cat-food lunches when they do.
Obamacare implementation delay no boon for hiring
(Reuters) - The Obama administration's decision to delay a key provision of the healthcare law, by giving employers an extra year to offer insurance coverage, is not expected to significantly impact 2014 hiring since many big businees were prepared for the change.
Strip mall owners struggle with lack of demand in second quarter
NEW YORK (Reuters) - U.S. strip mall owners struggled with a lack of demand in the second quarter, although limited construction of new space led to a modest improvement in vacancy rates and slightly higher rents, according to a report released on Wednesday.
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