Friday 30 August 2013

Reuters Money: Don't 'war game' your portfolio

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08/30/2013
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
Don't 'war game' your portfolio
(Reuters) - Investors fearing the impact of an attack on Syria ought to start worrying instead about things they can predict and control.
Tooth Fairy inflation gone wild
NEW YORK (Reuters) - Kelly Bird Pierre knew the world had changed when she heard what the Tooth Fairy was giving out these days.
Most news bad for emerging markets: James Saft
(Reuters) - Syria today, the taper tomorrow - emerging market policymakers are learning that once the market becomes concerned with a current account deficit, most news is bad news.
Hedge fund manager Karsch planning a consulting firm: sources
BOSTON (Reuters) - Hedge fund manager Michael Karsch, who is liquidating his own fund, is readying a new consulting business that will likely count legendary investor Stanley Druckenmiller among its clients, three people familiar with the matter said on Thursday.
Married gay couples win U.S. marriage tax benefits nationwide
WASHINGTON (Reuters) - All legally wed gay couples, no matter which state they live in, are entitled to the same U.S. federal tax benefits as married heterosexual couples, the Obama administration said on Thursday.
Back-to-school math for parents: What's an A worth?
NEW YORK (Reuters) - Parents, here is an assignment for you as the kids head back to school: Are you going to pay your children to do homework and get good grades?
Apollo leads private equity fundraising charge
NEW YORK, August 28 (Reuters-BUYOUTS) - Apollo Global Management LLC has drawn $8.4 billion in commitments for its latest flagship fund, Apollo Investment Fund VIII LP, suggesting the era of private equity mega-funds is far from over.
Detroit seeks $350 million ground-breaking loan
DETROIT (Reuters) - Detroit, which made the largest Chapter 9 municipal bankruptcy filing in U.S. history, on Thursday filed a request for proposals for $350 million in unprecedented financing, the city emergency manager's office said.
Jobless claims data points to pickup in job gains in August
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell as expected last week, suggesting a strengthening in job gains in August after a slight pullback the prior month.
FINRA tackles private securities as investors seek yield
(Reuters) - Schemes involving shady offerings of privately-issued securities are a perpetual problem on Wall Street, even during the sleepy end of summer.
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