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Friday, February 21, 2014

Reuters Money: Financial advice for the end of the world

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02/21/2014
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
Financial advice for the end of the world
NEW YORK (Reuters) - Investors have no shortage of things to fret about these days. An aggressive stock slump, emerging markets in turmoil, an agonizingly slow jobs recovery.
Fannie Mae profits push taxpayers into black on housing bailout
WASHINGTON (Reuters) - Fannie Mae said on Friday it would soon send the U.S. Treasury $7.2 billion, a profit-related dividend that makes taxpayers whole for the 2008 bailout of the mortgage-financing giant and its sibling company Freddie Mac.
SEC to press ahead with 'tick size' study, Chair White says
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission will press ahead with a test program that would allow the stocks of small-cap companies to trade in wider increments, SEC Chair Mary Jo White announced Friday.
Deal with activists lets JPMorgan avoid battle over chairman
(Reuters) - A deal with shareholder activists outlined by JPMorgan Chase & Co on Thursday will allow the bank to avoid another battle at its spring shareholder meeting over whether the firm should have an independent chairman.
Mark Zuckerberg, value investor: James Saft
(Reuters) - So now we know: Mark Zuckerberg is a value investor.
Wanted: Financial advisers who aren't about to hang it up
CHICAGO (Reuters) - If you've ever thought about getting some professional help with your retirement plan, this would be a great time to get going. Financial advisers may be in short supply in the years ahead.
Venture capitalist in bid to split California into six states
LOS ANGELES (Reuters) - A venture capitalist seeking to break California into six new states has won approval to begin collecting signatures needed to get his plan on the ballot in November, but experts said such a measure likely stands little chance of success.
Now more than ever, a college diploma keeps the wolf from the door
LOS ANGELES (Reuters) - Some Americans may question whether a college education is still a good value, but a recent study found most young college graduates see their degrees as worthwhile investments.
Fidelity names insider to run asset management division
BOSTON (Reuters) - Fidelity Investments, the second-largest U.S. mutual fund company, said on Thursday that its fixed-income chief will lead the Boston firm's $1.9 trillion asset management division.
Luxury travel digs without the hotel
(Reuters) - Shell out a couple of thousand dollars a night for a vacation stay, and you're not going to have to pretend you're anyone's cousin when you pick up the keys - like you might with some Web-based booking sites where people rent out their own homes to travelers.
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