Wednesday 27 June 2018

What a bear market means for retirement savings

What a bear market means for retirement savings

CHICAGO - (The opinions expressed here are those of the author, a columnist for Reuters.)

Exclusive: Ackman makes fresh layoffs at Pershing Square hedge fund

BOSTON (Reuters) - Billionaire hedge fund manager William Ackman, whose investment assets have shrunk by more than half in the last three years, has made a second round of staff cuts and laid off three investor relations team members, two sources familiar with the matter said on Tuesday.

A Craigslist guide to knowing when you have enough to give away

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

Your Money: Mental math needed to evaluate home renovation value

NEW YORK (Reuters) - You hear it all the time: if you put money into home renovations, you will make it back when you sell.

Waiting for Peter Thiel: big tech directors miss shareholder meetings

BOSTON (Reuters) - Some small investors who want to give a piece of their minds to big tech company directors are losing their only chance: many board members are skipping annual shareholder meetings. Companies that hold meetings online have some of the worst records for attendance.

Massachusetts regulator charges Metlife over unpaid pensions

BOSTON (Reuters) - Massachusetts' securities regulator on Monday accused MetLife Inc of making false statements to investors related to its failure to pay pension benefits to thousands of retirees that it improperly treated as "presumed dead."

Largest banks clear U.S. Fed's toughest annual stress tests

WASHINGTON (Reuters) - The 35 largest U.S. banks are poised to put more money toward dividends, share buybacks and business investments, after clearing the first stage of an annual regulatory stress test on Thursday, showing they have enough capital to withstand an extreme recession.

Companies need older workers: here is why

CHICAGO (Reuters) - The demographic trend is no secret: the populations of the United States and other major industrial countries are getting older, and fast. That means workforces are aging too, but employers are doing surprisingly little to prepare to meet the challenges or adapt to employees' needs.

How a powerful inquiry upended one of Australia's grandest companies

SYDNEY (Reuters) - One of Australia's oldest financial institutions, AMP Ltd , spent years building the country's largest network of financial advisers to recommend its products, and well over a century polishing its brand.

U.S.-based money market funds post $51 billion net outflows for week: Lipper

NEW YORK (Reuters) - U.S.-based money market funds posted $51 billion of net outflows for the week ended Wednesday, the largest cash withdrawal since 2011 and the seventh largest ever, according to Lipper data on Thursday.

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