U.S. Medicare expands offer to reverse late enrollment penalties

You sign up for an Affordable Care Act (ACA) marketplace exchange health policy sometime before you turn 65 - and then you mistakenly stay there past age 65, when by law you need to switch to Medicare. That results in costly lifetime late-enrollment penalties on your Medicare premiums.

In Natus proxy fight, Glass Lewis supports Voce nominees

BOSTON (Reuters) - Influential proxy-advisory firm Glass Lewis & Co recommended that Natus Medical Incorporated shareholders remove two company nominated directors and replace them with hedge fund Voce Capital Management's nominees.

Investors make costly mistake if they ignore fees

CHICAGO (Reuters) - Individual investors could be throwing away as much as $7 billion a year on expensive index funds that are no better than cheaper funds - without even realizing it.

Brazil watchdog fines Morgan Stanley, Royal Bank of Canada for forex manipulation

BRASILIA (Reuters) - Brazil's antitrust watchdog on Wednesday fined Morgan Stanley and Royal Bank of Canada a total of 42.9 million reais ($11.6 million) for meddling with foreign exchange rates charged to clients.

Madoff customers' recovery tops 75 percent with Merkin settlement

NEW YORK (Reuters) - The court-appointed trustee liquidating Bernard Madoff's firm on Wednesday announced a $280 million settlement with one of the swindler's earliest investors, enabling customers to recoup more than 75 percent of the principal they lost.

As millennials age, more U.S. companies look ahead to Generation Z

NEW YORK (Reuters) - After a decade of focusing on the so-called millennial generation, some U.S. companies are starting to look ahead to what’s next.

Gundlach says 'excellent time' to shift into emerging markets

NEW YORK (Reuters) - The recent selloff in emerging markets has provided investment opportunities not seen in years, Jeffrey Gundlach, executive of DoubleLine Capital, said on Tuesday, and he urged moving at least some money into emerging market bonds.

Morgan Stanley's fixed-income business has great potential: CEO

NEW YORK (Reuters) - Morgan Stanley Chief Executive Officer James Gorman said on Tuesday that in recent years the bank's fixed-income group has had the greatest opportunity for delivering growth.

Wells Fargo workers push for more board access, so far in vain

(Reuters) - A labor-backed group is stepping up pressure on Wells Fargo & Co to add an employee to a council that has the ear of the bank's board and management, arguing workers deserve a voice as Wells Fargo works to get past a damaging scandal over sales practices.

Your Money: Join the great chase for cheaper 'runcations'

NEW YORK (Reuters) - For some people, the ideal vacation involves a lounge chair, a stiff drink with an umbrella in it and a whole lot of nothing.

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Wall Street edges higher ahead of Fed decision

Wall Street edged mostly higher Tuesday. As Fred Katayama reports, the U.S.-North Korea summit's outcome failed to excite investors whose focus shifted to the Fed's policy meeting.

Fund your alternative investments out of equities, says Svein Floden

Inisght Investment's head of alternatives also tells Reuters' Fred Katayama investors seeking to protect their capital might consider equity market neutral strategies.
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