Career News 24/7: Reuters Money: That break from college? Stopping out leads to dropping out

Monday, December 9, 2013

Reuters Money: That break from college? Stopping out leads to dropping out

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12/9/2013

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

That break from college? Stopping out leads to dropping out

(The author is a Reuters columnist. The opinions expressed are her own.)

How to answer those year-end charity appeals

(Reuters) - As the year nears its close, charities are making their final appeals - hoping to raise as much as they can during the traditional season of giving. But how do you decide if a charity is going to be a good steward of your money, or if your cash will go to the cause you would like it to?

Andy Hall's fund losses deepen after wrong bet on U.S.-Brent crude

NEW YORK (Reuters) - Andy Hall, one of the oil market's biggest bulls, has confessed to being surprised by last month's widening price gap between the U.S. and London crude benchmarks that pushed his $4 billion hedge fund further into the red, a letter to investors showed.

Raymond James hires adviser team from Wells Fargo

NEW YORK (Reuters) - Raymond James Financial Inc. has hired a team of three financial advisers from Wells Fargo in an effort to expand its independent employee business.

SEC's Gallagher seeks public company disclosure reforms

WASHINGTON (Reuters) - A top U.S. securities regulator on Friday called for reforms to streamline the disclosures that public companies are required to file, saying he is concerned that some company filings may not actually be helpful to investors.

Arbitrators could receive pay hike under Wall Street watchdog plan

(Reuters) - Arbitrators who hear legal disputes between investors and their brokerage firms could receive their first pay hike in 14 years under a proposal approved by Wall Street's industry-funded watchdog, according to a notice.

Stock funds worldwide have $2 billion outflow: BofA

NEW YORK (Reuters) - Investors pulled $2 billion out of stock funds worldwide in the week ended December 4, on fears of a potential pullback in the Federal Reserve's bond-buying program, data from a Bank of America Merrill Lynch Global Research Report showed on Friday.

Unemployment rate hits five-year low, eyes on the Fed

WASHINGTON (Reuters) - U.S. employers hired more workers than expected in November and the jobless rate hit a five-year low of 7.0 percent, raising chances the Federal Reserve could start ratcheting back its bond-buying stimulus as soon as this month.

Financial adviser to serve 12 years in prison for loan scam

(Reuters) - The owner of a Virginia-based investment firm who orchestrated a $270 million stock scam that defrauded clients out of $35 million, must serve 12 years in prison, federal law enforcement authorities announced on Friday.