Reuters - Money

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Thursday, January 11, 2018

Grad school can be worth it if you pick wisely: study

NEW YORK (Reuters) - There is a sharp contrast between how graduate school students and undergraduate students approach paying for their educations. While parents typically pay the bulk of tuition for bachelor's degrees, those pursuing advanced degrees are largely left to their own devices.

Shopping for nursing homes more tricky in Trump era

CHICAGO (Reuters) - Finding a safe, high-quality nursing home for a loved one is never an easy task. Complicated decisions often are made at a moment of emotional crisis and reliable guidance can be difficult to come by.

Buffett succession gains clarity as Berkshire promotes Abel, Jain

(Reuters) - Berkshire Hathaway Inc on Wednesday promoted two of its top executives, Gregory Abel and Ajit Jain, adding them to its board and cementing their status as the front runners to succeed Warren Buffett atop the conglomerate.

U.S. judge denies effort to stop Mulvaney from heading consumer watchdog

WASHINGTON (Reuters) - A U.S. federal judge denied on Wednesday a preliminary injunction sought by the deputy director of the Consumer Financial Protection Bureau seeking to stop White House budget director Mick Mulvaney from taking control of the agency.

Pimco could add U.S. Treasuries if market weakens further: Ivascyn

NEW YORK (Reuters) - Pimco, one of the world's biggest money managers, sees this week's U.S. bond market selloff as a buying opportunity and is not ready to call the spike in 10-year Treasury yield to a nine-month high a bear market precursor.

Bets on U.S. inflation heat up in bond market

NEW YORK (Reuters) - More investors are favoring U.S. bonds that profit from a pickup in inflation as the global economy gathers momentum with oil and other basic commodity prices recently hitting multi-year highs.

Investors strip most cash in four years from U.S. domestic stock funds

NEW YORK (Reuters) - Investors are slimming down equity stakes bloated by a nearly decade-long bull market, withdrawing $22 billion from U.S. domestic stock funds in a single week, Investment Company Institute (ICI) data showed on Wednesday.

Column: Buy time, not stuff, for more happiness

CHICAGO (Reuters) - For greater happiness in 2018, take a tip from a happiness researcher: Buy time instead of more stuff.

DoubleLine's Gundlach predicts S&P will post negative return in 2018

NEW YORK (Reuters) - While U.S. stocks are now in an "accelerating phase," billionaire investor Jeffrey Gundlach is predicting that the S&P 500 will post a negative rate of return in 2018.

Road to bitcoin ETF paved with red tape

NEW YORK (Reuters) - The going is getting tough for U.S. companies hoping to win the race to bring a bitcoin exchange-traded fund to market.