Bhinneka News Online: Reuters Money: March 23, 2017

Thursday, 23 March 2017

Reuters Money: March 23, 2017

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Thursday, March 23, 2017

Jeopardy host Alex Trebek provides a few answers of his own

NEW YORK (Reuters) - Alex Trebek may be an American icon, but he hails from a little nickel-mining town in northern Ontario.

Trump Tantrum looms on Wall Street if healthcare effort stalls

NEW YORK (Reuters) - The Trump Trade could start looking more like a Trump Tantrum if the new U.S. administration's healthcare bill stalls in Congress, prompting worries on Wall Street about tax cuts and other measures aimed at promoting economic growth.

Column: Ten-fold gain in retirement saving? No thanks, say Republicans

CHICAGO (Reuters) - At the risk of stating the obvious: People are much more likely to save for retirement when they can do it automatically at work. How much more likely? Ten times, according to a study released this week.

If healthcare vote fails, would jeopardize 'Trump trades': Gundlach

NEW YORK (Reuters) - If the U.S. healthcare legislation overhaul is not passed, or is postponed, it will put "a lot of doubt" on the "Trump trades," which include higher U.S. equities and bond yields, DoubleLine Capital Chief Executive Jeffrey Gundlach said on Wednesday.

SEC shortens settlement cycle for securities trades

WASHINGTON (Reuters) - U.S. securities regulators moved on Wednesday to modernize regulations that require stock and bond trades to settle within three business days, a step the industry has urged the government to take for years.

Hedge fund Millennium hires portfolio manager from Steve Cohen's firm

BOSTON(Reuters) - Millennium Management, one of the industry's biggest hedge funds, has hired a portfolio manager from billionaire stock picker Steven A. Cohen's investment company, two sources familiar with the matter said.

The perils of investing with your politics: James Saft

(Reuters) - In investing, it seems, the wages of following your political bias is higher volatility without higher returns.

Foreigners buy more longer-dated U.S. bonds at auctions

NEW YORK (Reuters) - Foreign investors raised their purchases of longer-dated U.S. government debt in early March, in a sign of renewed appetite for dollar-denominated assets as the greenback has retreated from its multi-year peaks, U.S. Treasury data showed on Wednesday.

Aristocracy aside, India Hicks has designs on business

NEW YORK (REUTERS) - India Hicks - goddaughter to the Prince of Wales, granddaughter of Britain's last viceroy in India and bridesmaid of the late Princess Diana - may have been born into aristocracy, but she has not rested on her laurels.

Traders reduce view on U.S. rate hikes

NEW YORK (Reuters) - U.S. interest rates futures rose to session highs on Wednesday as traders dialed back their view on the timing of the Federal Reserve's next rate hike following its quarter-percentage point increase last week.