Newsletter BOX: Reuters Money: What older Americans can do about big student loans

07/2/2013

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

What older Americans can do about big student loans

NEW YORK (Reuters) - In the debate over growing student debt, there has always been one mitigating factor: Borrowers tend to be fairly young and there is plenty of time to pay off what they owe.

Student loans: Exploiting America's young - Douglas Holtz-Eakin

(Reuters) - Obamacare was paid for on the backs of students.

For financial geeks, a do-it-yourself hedge fund site

BOSTON (Reuters) - In the secretive world of hedge funds, algorithms are not shared because they provide the juice behind market-beating returns, and are a key reason why hedge funds charge their clients "two and twenty" - an annual fee equivalent to 2 percent of assets, plus 20 percent of gains.

How to cope with the doubling of student loan rates

BOSTON (Reuters) - Interest rates on U.S. government-backed student loans doubled to 6.8 percent from 3.4 percent on Monday.

Column: Are consumers ready to be empowered by smart power meters?

LONDON (Reuters) - Used right, the new generation of smart power meters could cut peak electricity consumption by up to 20 percent, avoiding the need to construct 2,000 new power plants across the United States.

How to live up to your LGBT marketing

(Reuters) - Gays and lesbians may not yet have full marriage equality in every state, but in the eyes of the wealth management industry, their money is as good as anyone's.

Consumer sentiment ends June to near six-year high

NEW YORK (Reuters) - Consumer sentiment improved in late June, ending the month close to a near six-year high set in May, as optimism among higher-income families rose to its strongest level in six years, a survey released on Friday showed.

Consumer spending, jobs data point to lukewarm growth

WASHINGTON (Reuters) - Consumer spending rebounded in May and new applications for unemployment benefits fell last week, suggesting the economy remained on a moderate growth path.

U.S.-based taxable bond funds post $8.62 billion outflows: Lipper

(Reuters) - Investors in funds based in the United States pulled $8.62 billion out of taxable bond funds in the latest week, marking the first four-week streak of outflows from the funds since 2008, data from Thomson Reuters' Lipper service showed on Thursday.

Singapore home prices up again, suburbs seen most vulnerable to correction

SINGAPORE (Reuters) - Singapore home prices rose for a fifth straight quarter in the three months to June, and analysts said owners and developers of private apartments in the outer suburbs appear most at risk should the property market correct.