Reuters - Money

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Tuesday, January 9, 2018

History Lessons: First jobs of famous historians

NEW YORK (Reuters) - (This January 4 story has been refiled to remove reference to the Model Cities Program in the fifth paragraph, because this was not the program Drew Gilpin Faust worked for at the time.)

Some hedge funds deliver double-digit gains for 2017

BOSTON (Reuters) - A handful of hedge funds ended 2017 with double digit returns, their investors said, at a time the $3 trillion industry took in fresh money and posted its best returns in years, industry data show.

Rising tide in U.S. markets helps bonds, global stocks

NEW YORK (Reuters) - Investors sitting on U.S. stock returns need a place to put the money, and the big winners are international markets and high-rated debt issuers from corporations to governments.

Bargain Bin: ETFs for value hunters

NEW YORK (Reuters) - Think of the stock market right now as a high-school cafeteria. The most popular kids in school are growth investors, high-fiving and riding a multi-year bull run.

Column: For U.S. retirees, rising interest rates a double-edged sword

CHICAGO (Reuters) - U.S. interest rates finally are on the rise after a decade stuck near zero - and that should be good news for retirees who need yield on safe investments like certificates of deposit and money market accounts.

Merrill Lynch bans clients from investing in Silbert bitcoin fund

NEW YORK (Reuters) - Bank of America Merrill Lynch banned clients from investing in one of bitcoin mogul Barry Silbert's top funds last month, according to a memo seen by Reuters.

SEC mixes message on Apple shareholder proposals, activists say

BOSTON (Reuters) - Apple Inc was allowed to disregard one activist shareholder proposal on greenhouse gas emissions but told to hold a vote on another concerning human rights issues, in closely watched securities rulings that tested new guidance from U.S regulators.

U.S. charges ex-Och-Ziff executive with fraud, obstruction of justice

NEW YORK (Reuters) - U.S. prosecutors have charged Michael Cohen, the former head of European investing at hedge fund Och-Ziff Capital Management Group , with fraud and obstruction of justice, according to court documents unsealed on Wednesday.

Column: New tax laws may kill the beach house dream

CHICAGO (Reuters) - Dreaming of a beach house? You might want to think twice about that, given tax changes that just kicked in will make owning a vacation home more costly and may tank the resale value of the second-home market.

New U.S. tax law could impact paychecks by February

NEW YORK (Reuters) - The first paychecks of 2018 will be dispatched soon, but it may be weeks or months before taxpayers and payroll processors know how the new U.S. tax laws will affect your take-home pay.