Tuesday 13 August 2013

Reuters Money: Financial education when home becomes the college dorm

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08/13/2013
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
Financial education when home becomes the college dorm
BOSTON (Reuters) - Raysha Duncan grew up less than 15 minutes from Purdue University, so when she started at the West Lafayette, Indiana, school three years ago, it made sense for her to live at home and save the high cost of room and board.
Column: Companies not playing along with Abenomics - James Saft
(Reuters) - Abenomics has a critical weakness: Japan's companies are not playing along and it's hard to blame them.
IRS extends deadline for 'innocent spouse' tax relief application
WASHINGTON (Reuters) - Moving to help victims of domestic violence and others, the U.S. Internal Revenue Service on Monday proposed rules to extend the amount of time taxpayers can apply for its "innocent spouse" relief program which stops collection of taxes in certain situations.
Morgan Stanley hires veteran Deutsche Bank adviser
(Reuters) - Morgan Stanley Wealth Management said Monday it hired a veteran adviser who managed $350 million in client assets at Deutsche Bank.
Blackstone, Fidelity offer hedge fund taste to retail crowd
BOSTON (Reuters) - Blackstone Group LP, one of the world's biggest hedge fund investors, said on Monday Fidelity Investments is a strategic partner in giving retail investors a taste of the normally exclusive world of hedge fund investing.
SAC Capital affiliate Parameter Capital closes: sources
NEW YORK (Reuters) - Steven A. Cohen's SAC Capital Advisors shut down one of its subsidiary hedge funds last week as the $14 billion firm's capital base begins to shrink in the wake of a criminal indictment filed against it, according to two people familiar with the unit's closure.
Electronic health records still require manual labor
NEW YORK (Reuters) - The United States has spent a lot of time and money to digitize healthcare records, but the effort has not gotten very far yet.
Wealth advisers pounce on retirement nest eggs of American Air pilots
(Reuters) - When American Airlines dumped about $3.5 billion of retirement money into the laps of its pilots late last month, the winners were the wealth managers who got a piece of the action.
What to expect from an independent college counselor
CHICAGO (Reuters) - Claire Jokinen had top grades in high school but never gave much thought to where she would attend college.
Analysis: Higher costs may slow Kirby, winner of U.S. energy boom
NEW YORK (Reuters) - A slow boat down the Mississippi may have been the best way to ride the U.S. energy boom.
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