Pimco's Ivascyn warns of 'hard-landing' risk in U.S. deficit spending

NEW YORK (Reuters) - Dan Ivascyn, group chief investment officer at Pacific Investment Management Co, said on Wednesday that late-cycle deficit spending "increases the risk of an eventual hard landing for the U.S. economy by forcing the Federal Reserve to be more proactive."

Deep Thinkers: First jobs of top American minds

NEW YORK (Reuters) - With the recent demise of Stephen Hawking, humanity lost one of its greatest minds, someone able to contemplate the deepest and most perplexing mysteries of life and the universe.

Think twice about retirement when picking a kid's college

CHICAGO (Reuters) - No parent wants to be the spoiler of big college dreams.

Woman-led activist hedge fund scores victory at AstroNova

(Reuters) - Ides Capital, one of only two U.S. activist hedge funds run by a woman, was partly behind the appointment of a female independent director this week at U.S. industrial technology company AstroNova Inc, people familiar with the matter said on Wednesday.

Your money: How to deal with mortgage-rate envy

NEW YORK (Reuters) - Kristin Tassi spent last weekend happily settling into her new home in the Chicago area, but part of her brain was still obsessing over the mortgage rate she got for it.

Steven Cohen wins dismissal of $8 billion Fairfax short-selling lawsuit

(Reuters) - The billionaire Steven A. Cohen has won the dismissal of an $8 billion lawsuit accusing him and his former firm SAC Capital Advisors LP of conspiring with other hedge funds to spread false rumors about Fairfax Financial Holdings Ltd, hoping to "crush" or "kill" the insurer.

As seen on TV: How inventor Joy Mangano designs a better life

NEW YORK (Reuters) - Is the plot of your life worthy of a big-budget Hollywood film?

Pension fund leader presses Exxon for more climate details

BOSTON/HOUSTON (Reuters) - A top U.S. pension fund manager said Tuesday it was pressing Exxon Mobil Corp for more details about its response to climate change, signaling that a key critic who elicited a report from the oil major last year remains unsatisfied with its answers ahead of the annual meeting this spring.

DoubleLine's Gundlach says bitcoin leads stock market movements

NEW YORK (Reuters) - Bitcoin, the highly volatile digital currency, is proving to be the new stock market indicator, influential investor Jeffrey Gundlach said on Monday, adding that this is hardly just a "gut feeling" given the recent price movements.

Your money: Game theory for your financial life

NEW YORK (Reuters) - The term “game theory” probably makes you think of really hard math - the kind pioneered by U.S. mathematician John Nash, the troubled genius who inspired the Oscar-winning film "A Beautiful Mind."

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