Reuters Money: March 13, 2017

Click to View in Browser Monday, March 13, 2017 Merrill Lynch may keep commission-based retirement accounts: source (Reuters) - Merrill Lynch, a unit of Bank of America Corp, may not entirely do away with its commission-based retirement accounts, after Trump ordered the Labor Department last month to delay the proposed retirement-savings rule. Gadgets keep Fido and Fluffy safe and well-fed New York (Reuters) - Erik Hagen bought an interactive camera that dispenses treats to amuse his pets, but he is the one who has become addicted. Goldman sees U.S. rate hike in June after one in March NEW YORK (Reuters) - Goldman Sachs economists said on Friday they stuck with their call that the Federal Reserve will increase interest rates next week but now see its next hike in June rather than September in the wake of a stronger-than-forecast jobs report for February. Life lessons from the 'first lady of nails' NEW YORK (Reuters) - OPI's nail polish is ubiquitous around the world, but the beauty products company had humble beginnings as a dental supply operation in the 1980s. No matador in sight as bull market in U.S. stocks turns eight NEW YORK (Reuters) - The run of gains on Wall Street turns 8 years old on Thursday and, despite its advanced age, is expected to rage on, with perhaps a few hiccups, based on a combination of stronger company earnings, lower taxes and a corporate-friendly administration in Washington. Bill Gross says investors should not be 'allured' by 'Trump bull market' NEW YORK (Reuters) - Bond investor Bill Gross warned on Thursday that investors should not be tempted into buying high-flying equities and corporate bonds, given the possibility that U.S. President Donald Trump might fail to enact policies that fuel economic growth. Equity funds' inflow streak extends to 10th week: BAML LONDON (Reuters) - The likelihood of a more aggressive U.S. Fed after an expected March rate rise failed to dent stock market investments over the past week, with equity funds receiving $11.8 billion for a 10th straight week of inflows, data showed on Friday. Investors cash out of U.S.-based junk bond funds NEW YORK (Reuters) - Investors are spurning U.S.-based high-yield junk bond funds, Lipper data showed on Thursday, as they keep gobbling up stocks and other risky assets. Utility-focused hedge fund Electron Capital hires Melloul from TIAA BOSTON (Reuters) - Hedge fund Electron Capital Partners, which invests in global utilities and infrastructure companies, has hired Eric Melloul as a partner from financial services company TIAA, a person familiar with the move said on Thursday. Column: Threatened pension cuts will test Trump ties to U.S. Rust Belt voters CHICAGO (Reuters) - Karen Friedman has been traveling the country speaking at meetings of retired union members - and they are angry. What riles them is the prospect of deep cuts in promised pension benefits, and they are hoping for relief from President Donald Trump. Related Video Nick Colas on how the jobs report impacts the markets Art Hogan on why the market is in a tug of war Related News Intel to buy Israeli technology firm Mobileye for $15 billion Oil touches three-month lows, as U.S. supply swells Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook