Career News 24/7: Reuters Money: For these commencement speakers, first jobs taught people skills

Friday, June 6, 2014

Reuters Money: For these commencement speakers, first jobs taught people skills

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06/6/2014

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

For these commencement speakers, first jobs taught people skills

NEW YORK (Reuters) - It's graduation season, and for the newly minted members of the country's workforce, it is a supremely scary moment: Time to get that very first job out of college.

Building a financial advice business you can sell

CHICAGO (Reuters) - Isn't it ironic? Most independent financial advisers have no exit strategy and let their firms die through attrition, according to research from Fidelity Investments and consulting firm FP Transitions.

U.S.-based stock funds attract $3.7 billion over week: Lipper

NEW YORK (Reuters) - Investors in U.S.-based funds committed a net $3.7 billion to stock funds in the week ended June 4 after adding $2 billion to the funds the prior week, data from Thomson Reuters' Lipper service showed on Thursday.

Hedge fund mogul Cohen hired legal titan Boies: source

(Reuters) - Hedge fund mogul Steven A. Cohen hired high-profile lawyer David Boies last year to defend him in a U.S. Securities and Exchange Commission proceeding that arose from a long-running insider trading probe, a person familiar with the matter said on Thursday.

Silicon Valley's ageist culture is bad for workers - and business

CHICAGO (Reuters) - Google confessed last week that it has a miserable record hiring and retaining women and minorities.

Brokers' slip-ups add to Wall Street's cyber-attack anxiety

(Reuters) - The most cutting-edge technology cannot contain one of the biggest cyber hacking threats on Wall Street: sloppy actions by brokers and other industry employees.

Pimco's Gross sees 'New Neutral' real policy rate close to zero percent

(Reuters) - Bill Gross, manager of the world's largest bond fund at Pimco, said Thursday the firm believes the 'new neutral' inflation-adjusted federal funds rate will be close to 0 percent as opposed to 2-3 percent in prior decades.

Swiss asset manager GAM buys U.S. firm Singleterry Mansley

ZURICH (Reuters) - Swiss asset manager GAM Holding has agreed to buy Singleterry Mansley Asset Management, a United States-based mortgage and asset-backed securities firm.

The leveraged-up less well off and profits

(Reuters) - Americans are borrowing more, renting more rather than owning, eating in restaurants more and saving less, leading inevitably to questions of sustainability.

Understanding MasterCard's pledge of zero liability

(Reuters) - In the wake of a spate of data breaches highlighting the vulnerability of companies that hold consumer information, MasterCard Inc announced last week it would apply the same rules to PIN-based debit card transactions as those used for credit cards: zero liability when fraud is reported.