Reuters Money: For online lenders, Wall Street cash brings growth and risk

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07/4/2013

For online lenders, Wall Street cash brings growth and risk SAN FRANCISCO (Reuters) - Institutional investors are tripping over themselves to buy so-called peer-to-peer loans offered by a new breed of Internet lending companies, a development that could transform the nascent sector into significant player in the credit markets. N.Y. attorney general probes payroll cards over fees New York (Reuters) - New York is investigating some of the country's largest companies over their use of cards to pay hourly employees, a person familiar with the matter said on Wednesday. A grain of salt for those retirement projections WASHINGTON (Reuters) - Only cave dwellers have missed the boom in retirement-planning studies: what seems like a daily barrage of industry-funded surveys and white papers pointing to an aging population so woefully unprepared they will have work until they are 90, brown-bagging cat-food lunches when they do. Obamacare implementation delay no boon for hiring (Reuters) - The Obama administration's decision to delay a key provision of the healthcare law, by giving employers an extra year to offer insurance coverage, is not expected to significantly impact 2014 hiring since many big businees were prepared for the change. Strip mall owners struggle with lack of demand in second quarter NEW YORK (Reuters) - U.S. strip mall owners struggled with a lack of demand in the second quarter, although limited construction of new space led to a modest improvement in vacancy rates and slightly higher rents, according to a report released on Wednesday. U.S.-based bond mutual funds post record $28.1 billion outflow: ICI NEW YORK (Reuters) - Investors in mutual funds based in the United States pulled $28.1 billion out of bond funds in the latest week as interest rates rose on fears the U.S. Federal Reserve could cut its bond-buying later this year, data from the Investment Company Institute showed on Wednesday. SAC Capital posts strong June amid market selloff, U.S. probe NEW YORK (Reuters) - SAC Capital Advisors, the hedge fund firm run by billionaire Steven A. Cohen that has been under intense scrutiny as part of an insider trading investigation, posted a surprisingly strong return in June amid a global market sell-off. Healthcare reform to end 'job lock' for the over-50 crowd CHICAGO (Reuters) - When Carmen Oberai was diagnosed with breast cancer several years ago, she knew the treatment would make it tough for her to stay at her job. But she needed the health insurance provided by her employer, so she worked through the illness. High-end pawn shops solve small business cash crunch CHICAGO (Reuters) - When Marc Kaye needed a loan to fund his boutique insurance firm at a time when payroll, his kids' college tuition and a mortgage payment were all draining his cash reserves, he didn't go to a bank. Stock market strategies for a volatile summer NEW YORK (Reuters) - Ever since the Federal Reserve started hinting it could pull back on its massive bond-buying stimulus program later this year, the stock market has been on a wild ride. Related Video How to play banker on the web Big dividends can mask big risks - Money Clip Business News Euro shares rise, debt tensions ease before ECB meeting ECB says rates to stay at record low for extended period 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

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