Reuters Money: Why health savings accounts attract spenders, not savers

	Click to View in Browser 10/15/2013 Why health savings accounts attract spenders, not savers NEW YORK (Reuters) - With such a simple, descriptive name, health savings accounts would seemingly leave little room for confusion - you use them to save money for healthcare costs. Washington drives U.S. consumer sentiment to nine-month low NEW YORK (Reuters) - U.S. consumer sentiment deteriorated in October to its weakest in nine months as the first federal government shutdown in 17 years undermined Americans' outlook on the economy, a survey released on Friday showed. Hedge fund firm opens EU fund to keep insurance client LONDON (Reuters) - Hedge fund firm Finisterre Capital has launched an EU-regulated fund after one of its insurance clients threatened to pull out its money from an existing fund because new industry rules will make it more expensive to invest in unregulated products. JPMorgan posts first loss since 2004, a blow to Dimon (Reuters) - Jamie Dimon, JPMorgan Chase & Co Inc's hard-charging chief executive, looked a bit more vulnerable on Friday after the bank took a $7.2 billion hit from litigation expenses and posted its first quarterly loss since 2004. Stock funds worldwide have $6.5 billion outflow: BofA NEW YORK (Reuters) - Investors in funds worldwide pulled $6.5 billion out of stock funds in the latest week because of the extended U.S. government shutdown and concerns over the debt ceiling, data from a Bank of America Merrill Lynch Global Research report showed Friday. China's creaking export model: James Saft (Reuters) - That creaking sound you hear just might be the Chinese export-driven economy model about to break. U.S. looking at alleged forex manipulation: source WASHINGTON (Reuters) - The U.S. Justice Department is making inquiries into allegations of foreign exchange rate manipulation centered on the Swiss franc, but has left the heavy lifting to Europe, according to a source familiar with the probe. Kleiner Perkins closes ranks on early-stage investing SAN FRANCISCO (Reuters) - Venture-capital firm Kleiner Perkins Caufield & Byers is reorganizing its partner ranks so that just five managing directors will lead its early-stage investments, according to a memo to its investors obtained by Reuters. How to cope with dreaded retirement distributions (The author is a Reuters columnist. The opinions expressed are his own.) The doomsday portfolio: How to invest for default NEW YORK (Reuters) - What should investors do if they think their portfolio is facing doomsday? Related Video The worst "best" financial advice Facial recognition brings new look to shopping Business News Wall St. opens flat with Washington eyed Citigroup adjusted profit hit by bond trading slowdown 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