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Monday, December 30, 2013

Reuters Money: Swiss banks Lombard Odier and VP Bank sign up to U.S. tax deal

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12/30/2013
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
Swiss banks Lombard Odier and VP Bank sign up to U.S. tax deal
ZURICH (Reuters) - Lombard Odier & Cie and VP Bank (Switzerland) on Friday became the latest Swiss banks to say they would work with U.S. officials in a crackdown on lenders suspected of helping wealthy Americans evade taxes through hidden offshore accounts.
Column: Five ways do-gooders can erase student-loan debt
LOS ANGELES (Reuters) - When P.K. Drago graduated from George Washington University in 2009 at the peak of the Great Recession with $40,000 in student loan debt, she decided to do volunteer work.
U.S. shops use prices, pick-ups to snare holiday stragglers
WEST NYACK, NEW YORK (Reuters) - Retailers are trying new ways to win over Christmas procrastinators.
U.S. jobless claims fall, holiday retail sales rise
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week to the lowest level in nearly a month, a hopeful sign for the labor market, while holiday retail sales rose in November and December.
U.S.-based bond funds have $8.1 billion outflow in latest week: ICI
NEW YORK (Reuters) - Investors in U.S.-based mutual funds pulled $8.1 billion out of bond funds in the week ended December 18 on fears that a pullback in the Federal Reserve's bond-buying would hurt bond prices, data from the Investment Company Institute showed on Tuesday.
More men get alimony from their ex-wives
(Reuters) - If Hugh McSharry's marriage had come to an end a generation ago, he might have felt uncomfortable accepting alimony.
The trouble with forward guidance: James Saft
(Reuters) - Keeping your word is hard, and people simply hate it when you don't, something that central bankers enamored of the vogue for "forward guidance" may soon learn.
What to expect if your kid is flying solo
(Reuters) - When Tim Leffel was looking for the best way to get his 12-year-old daughter, Alina, from Tampa to her grandmother's home in Virginia earlier this year, he was astounded by the fees airlines were charging to put an unaccompanied minor on board.
Hot 2014 investing tip: Don't chase 2013
CHICAGO (Reuters) - This year, the stock market has been glowing as brightly as the seasonal lights that now bedeck holiday streetscapes.
Three ways to fix financial aid form flaws
(The opinions expressed here are those of the author, a columnist for Reuters.)
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