Newsletter BOX: Reuters Money: India, the taper and capital controls: James Saft

08/21/2013

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

India, the taper and capital controls: James Saft

(Reuters) - India's imposition of capital controls shows how the prospect of a rollback of U.S. monetary policy is already starting a global war for capital.

Family comes first for risk-averse fund managers

LONDON (Reuters) - Investors seeking less volatile returns from their stock portfolios are turning their attention to family-owned firms that play for pride as well as profit.

Your money - First year of retirement: where does the money go?

CHICAGO (Reuters) - You can play with retirement planning calculators from now until you're 90, but it's unlikely any of them will factor in expenses like a $1,000 custom-made satin-and rhinestone stage outfit.

U.S. regulators warn marijuana scams growing like weeds

NEW YORK (Reuters) - Investors in marijuana-related stocks may see their profits go up in smoke, U.S. regulators said on Tuesday.

U.S. municipal bond market braces for tax overhaul

WASHINGTON (Reuters) - Weeks before lawmakers unveil a proposed overhaul of the U.S. tax code, investors and firms tied to the municipal bond market are trying to head off their worst fear - caps or cuts to the tax exemption for interest on debt sold by cities, states and other government bodies.

Ally to repay U.S. taxpayers $5.95 billion, to sell shares

(Reuters) - Ally Financial Inc will sell $1 billion of unlisted shares to investors and repay taxpayers nearly $6 billion taking a big step closer to exiting U.S. government control.

Preferred stocks still make sense for yield

CHICAGO (Reuters) - Frustrated yield seekers have been drawn to preferred stocks because they offer a several-point yield advantage over most U.S. investment grade bonds, including Treasuries, corporates and municipal bonds.

The income annuity puzzle: Why don't more people use them?

CHICAGO (Reuters) - Economists have long argued that there's a perfect financial product for retirement: the humble immediate income annuity.

Tax reform could hurt U.S. state and local governments: S&P

WASHINGTON (Reuters) - Congressional lawmakers working on comprehensive tax reform could harm U.S. cities, states and other governments that sell municipal debt and damage their credit quality, Standard & Poor's Ratings Service said on Monday.

IRS debuts online registration for firms ahead of FATCA law

WASHINGTON (Reuters) - The Internal Revenue Service on Monday launched an online registration program for the hundreds of thousands of financial firms around the world that must comply with a U.S. anti-tax evasion law or risk being shut out of financial markets.