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Tuesday, February 25, 2014

Reuters Money: Dwindling inflation puts pressure on ECB: James Saft

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02/25/2014
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
Dwindling inflation puts pressure on ECB: James Saft
(Reuters) - Never a hot-bed of monetary policy activism, the European Central Bank may soon find itself forced into an uncomfortable period of experimentation.
Don't bet the farm; keep investments simple, diversified: Buffett
NEW YORK (Reuters) - Berkshire Hathaway chairman Warren Buffett, known for his folksy straightforward communication style, turned to farming to recommend his winning strategy for investors to follow.
Credit Suisse to face Senate panel on tax dodging
WASHINGTON (Reuters) - The chief of Swiss bank Credit Suisse Group AG will square off on Wednesday against U.S. Senator Carl Levin as the veteran congressional investigator releases his latest findings on offshore tax evasion.
Betting against the buck easier said than done
CHICAGO (Reuters) - The U.S. dollar has been taking it on the chin of late. Last week saw the dollar hit a seven-week low against its rival currency, the euro. The greenback also declined against a basket of major currencies, hitting one of the lowest points of the year to date.
A one-hour class could cut the college dropout rate
LOS ANGELES (Reuters) - First generation college students get lower grades and are more likely to drop out - an "achievement gap" that threatens efforts to boost the number of college graduates.
New case alleges improprieties at Wall St. watchdog
(Reuters) - Allegations of bad behavior at the Boca Raton, Florida, office of Wall Street's industry-funded watchdog are igniting concerns about how the Financial Industry Regulatory Authority (FINRA) manages its securities arbitration unit.
Madoff victim fund receives over 9,000 claims, extends deadline
NEW YORK (Reuters) - More than 9,000 claims from people who say they were defrauded by Bernard Madoff have been submitted to a $4.05 billion fund set up by the U.S. government, and victims of the swindler's Ponzi scheme were given two more months to seek compensation.
Exclusive: Ally targets March IPO to raise up to $4.5 billion, government exit
(Reuters) - Ally Financial Inc is hoping for an initial public offering of as much as $4.5 billion next month, sources familiar with the matter said, in a deal that would allow the U.S. government to make a profit on its crisis-era bailout of the auto lender.
U.S. fund managers juggle Puerto Rico debt, redemptions and rate worries
BOSTON (Reuters) - Municipal bond fund managers, facing heavy redemptions from funds holding unfavorable debt, have been forced to juggle their holdings to pacify moody retail investors.
SEC reviewing if some high-speed traders should register
WASHINGTON (Reuters) - Securities regulators are studying whether more proprietary high-speed trading firms should register as broker-dealers, which would subject them to greater oversight, a Securities and Exchange Commission official said on Friday.
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