Reuters Money: U.S. indicts hackers in biggest cyber fraud case in history

	Click to View in Browser 07/29/2013 U.S. indicts hackers in biggest cyber fraud case in history NEWARK, N.J./BOSTON (Reuters) - Federal prosecutors said on Thursday they have charged five men responsible for a hacking and credit card fraud spree that cost companies more $300 million and two of the suspects are in custody, in the biggest cyber crime case filed in U.S. history. How should teens handle their summer-job money? NEW YORK (Reuters) - Anchorage, Alaska, teen Grace Bolt isn't spending her summer lolling at the pool or in front of a video game controller - she's juggling a variety of jobs and cashing a variety of paychecks. Consumer sentiment rises to highest level in six years in July NEW YORK (Reuters) - U.S. consumer sentiment rose in July to the highest level in six years as Americans felt better about the current economic climate, though they expected to see a slower rate of growth in the year ahead, a survey released on Friday showed. Hedge fund star Narula's main fund off 10.4 percent in second-quarter BOSTON (Reuters) - Deepak Narula's main hedge fund, of one last year's best performers, fell 10.4 percent in the second quarter, its deepest quarterly loss ever, pummeled by fears that interest rates would rise, Narula said in a letter to investors. Schwab executives see rate improvements; drop 'Talk to Chuck' NEW YORK (Reuters) - Brokerage giant Charles Schwab Corp on Friday gave a cautiously upbeat assessment of client confidence and the outlook for interest rates, but warned investors against over confidence about its near-term outlook SAC Capital pleads not guilty to insider-trading charges NEW YORK (Reuters) - Steven Cohen's hedge fund, SAC Capital Advisors LLP, pleaded not guilty in federal court on Friday, one day after it was indicted on insider-trading charges. Fidelity's early ETF strategy leans heavily on BlackRock BOSTON (Reuters) - Fidelity Investments disclosed on Friday its plans to use U.S. money manager BlackRock Inc as subadviser on a slate of 10 new sector-oriented exchange-traded funds. Is now the worst time to retire? Not even close WASHINGTON (Reuters) - Add this to the growing pile of research that seems designed to scare baby boomers out of their Birkenstocks. A new study from Bankrate.com and Research Affiliates, a Newport Beach, California, money management firm, posits that the postwar generation could be retiring at a most unfortunate moment. The perks and risks of having a side job (Reuters) - In 1988 John Burke was a 26-year-old broker at Merrill Lynch whose main method of finding new clients was cold calling from a phone book. U.S. taxable bond funds post biggest weekly inflows since May: Lipper (Reuters) - Investors in funds based in the United States put $4.57 billion into taxable bond funds in the latest week, the most since early May, on further reassurance that the Federal Reserve is flexible on the timing for ending its stimulus, data from Thomson Reuters' Lipper service showed on Thursday. Related Video Why bruised Brazil is a buy How to play banker on the web Business News Wall Street climbs at open on 'cliff' deal hope Publicis, Omnicom say major clients welcome merger 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