Reuters - Money

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Wednesday, December 20, 2017

Tax bill's 'pass-through' rule will aid wealthy, not workers: critics

WASHINGTON (Reuters) - Wealthy business owners, such as President Donald Trump, stand to gain from a provision in the Republican tax bill that creates a valuable deduction for owners of pass-through businesses, Democrats and some tax experts say.

Column: Student tax breaks survive the tax bill, make the most of them

CHICAGO (Reuters) - If you are going to college, getting extra training for a job, or paying off student loans, there are myriad tax breaks worth thousands of dollars to people burdened by college costs.

Work hard, play hard: Life lessons from Sammy Hagar

(The writer is a Reuters contributor. The opinions expressed are his own.)

Investor equity valuation worries grow - BAML survey

LONDON (Reuters) - Two-thirds of investors believe U.S. tax cuts will boost equity markets, which are already increasingly seen as over-valued, a monthly survey by Bank of America Merrill Lynch showed on Tuesday.

Hurricane-hit catastrophe bond managers plan new funds

LONDON (Reuters) - Hedge funds and other managers of catastrophe bond funds racked up some of the worst losses in more than a decade from this year's hurricanes and wildfires.

Massachusetts and NY probing MetLife over unpaid pensions

(Reuters) - Regulators in Massachusetts and New York State said on Monday they are probing MetLife Inc after the insurer revealed last week it had failed to pay pensions to potentially thousands of people.

U.S. taxpayers rush to claim deductions under threat from tax bill

NEW YORK (Reuters) - Financial advisers and accountants are working overtime as many U.S. taxpayers scramble to pay the rest of their 2017 taxes before Jan. 1 when the proposed Republican tax overhaul would sharply cut the amount they can deduct on federal tax bills.

NY regulator probing unpaid pensions by MetLife

(Reuters) - New York state's financial regulator is reviewing MetLife Inc's failure to pay some workers' pensions, the regulator said on Monday.

An update on winners and losers on the U.S. tax scorecard

NEW YORK (Reuters) - In the lead-up to the conference agreement for the U.S. Tax Cut & Jobs Act released on Friday, there were too many moving parts for most Americans to know how it would affect them.

As California fires blaze, homeowners fear losing insurance

(Reuters) - California homeowners and regulators have a new fear about wildfires ravaging the state: that insurers will drop coverage.