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Tuesday, September 17, 2013

Reuters Money: Market, economy in rare alignment on Summers: James Saft

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09/17/2013
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
Market, economy in rare alignment on Summers: James Saft
(Reuters) - With the withdrawal of Larry Summers from consideration to run the Fed we have that rare thing: an alignment between what the market wants and the economy needs.
Beating the odds when Mom or Dad has a gambling problem
(Reuters) - Donna Zaharevitz began gambling after a birthday visit in her late 40s to the Mohegan Sun casino in Uncasville, Connecticut.
Five investment lessons from the Lehman Brothers blow-up
CHICAGO (Reuters) - Five years ago I was watching the world financial system implode after the failure of Lehman Brothers in real time. Since I'm largely a buy-and-hold investor, I grimaced while my retirement savings took a pummeling in 2008-2009.
Charitable deductions: Three pitfalls to avoid this year
(The author is a Reuters columnist. The opinions expressed are her own.)
Judge OKs SEC's Falcone settlement with admission of wrongdoing
NEW YORK (Reuters) - A federal judge on Monday approved the U.S. Securities and Exchange Commission's $18 million settlement with hedge fund manager Philip Falcone, the regulator's first big case to include an admission of wrongdoing since a recent policy change.
Managing your finances when you have ADHD
(Reuters) - For years, Mike Lescelius, 54, a sound recording engineer in Murphysboro, Illinois, struggled with managing his money.
House Republicans question SEC oversight of private equity funds
WASHINGTON (Reuters) - Two key Republicans in the U.S. House of Representatives are questioning whether federal securities regulators are spending too much of their time conducting compliance examinations of private equity fund advisers, saying sophisticated investors need less protection.
New technology helps older drivers keep the keys longer
(The author is a Reuters columnist. The opinions expressed are his own.)
Starboard calls Emulex 'extremely undervalued', seeks new board
(Reuters) - Activist hedge fund Starboard Value LP said network equipment maker Emulex Corp was "extremely undervalued" and called for reconstituting the board to include shareholder advocates.
Gates tops Forbes rich list again as young wealthy play catch up
NEW YORK (Reuters) - The richest 400 Americans are significantly richer in 2013 than they were last year and younger Americans are accumulating wealth at a faster clip than their baby boomer counterparts, according to two reports released Monday.
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