Reuters Money: How to launch a financially successful adult

	Click to View in Browser 06/20/2014 How to launch a financially successful adult NEW YORK (Reuters) - It's the secret fear of every American parent: failure to launch. Senate turns up heat on cuts in Social Security offices, services CHICAGO (Reuters) - Until earlier this year, there was a Social Security field office in Gadsden County, Florida, in the state's panhandle. It's the kind of place where seniors need to get in-person help with their benefits rather than pick up a phone or go online. Advisers turn to alternative mutual funds on U.S. rate rise fears NEW YORK (Reuters) - Investment advisers, bracing for the U.S. Federal Reserve to raise interest rates, are seeking alternatives to plain-vanilla bond funds, and some are turning to mutual funds that employ hedge-fund-like tactics, including the ability to bet against securities. Omega's Einhorn says bull market in U.S. equities not over NEW YORK (Reuters) - Steven Einhorn, vice chairman of hedge fund Omega Advisors Inc, said Thursday that the bull market in U.S. equities was not over and predicted the Standard & Poor's 500 Index will rise another 3-5 percent by year-end. Supreme Court rules taxpayer can challenge IRS summons WASHINGTON (Reuters) - The U.S. Supreme Court on Thursday ruled unanimously that taxpayers have a right to challenge an Internal Revenue Service summons enforcement action in court when they can show the tax agency might have issued the summons in bad faith. Global hedge fund exit requests rise again in June (Reuters) - Investors increased requests to pull money out of hedge funds in June as they adjust positions before the end of the quarter, according to data released on Thursday. Europe beckons air travelers, but may leave your bag behind NEW YORK (Reuters) - Cramming clothes into carry-on bags may not appeal to travelers in Europe this summer, but the alternative could be worse; checked luggage is nearly three times more likely to arrive late in Europe than in the U.S. due to complex airport transfers and strikes. Massachusetts pushes for managed accounts with hedge funds BOSTON (Reuters) - Massachusetts' pension fund is pushing to move some of the $5.6 billion it invests with hedge funds into separately managed accounts and may even invest, at a lower cost, in strategies designed to mimic hedge fund returns. When to take Social Security? Your 401(k) plan may know best CHICAGO (Reuters) - Deciding when to file for Social Security is no simple task, and most Americans don't handle it well. But increasingly, help is available from an unexpected source: your employer. Wall Street's latest fad is built on sand HOUSTON (Reuters) - Super-sized hydraulic fracturing jobs, which use vast amounts of sand to coax more oil and gas from shale, have led to astronomical returns for investors in companies that mine the tiny particles. Related Video Amazon tries to blaze different smartphone path S&P 500 jumps to record thanks to Yellen Business News Wall Street to open modestly higher; on pace for six-day run Siemens-Mitsubishi raises Alstom offer The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend