Reuters Money: June 21, 2017

Click to View in Browser Wednesday, June 21, 2017 China shares get MSCI nod in landmark moment for Beijing NEW YORK/HONG KONG (Reuters) - China's stocks took a major step toward global acceptance on Wednesday, finally winning a long campaign for inclusion in a leading emerging markets benchmark, in what was seen as a milestone for global investing. Your Money: Will you still be paying off your summer vacation in 2018? NEW YORK (Reuters) - Your summer vacation better be worth it because, chances are, you are still going to be paying it off next year. Russekoff's hedge fund Smith Cove hires ex-Perry exec Gulati BOSTON (Reuters) - Hedge fund manager David Russekoff has hired Chetan Gulati, a former colleague from Perry Capital, to beef up the investment team at his newly formed firm Smith Cove Capital. Sweet success: life lessons with candy megastore owner Dylan Lauren NEW YORK (Reuters) - Children of the rich and famous have a reputation for being spoiled brats who do not know the value of a dollar. Hedge fund called 'greedy bastards' by Whole Foods CEO would make $300 million on sale (Editor's Note: please be advised that headline and paragraph 7 contain language that some readers may find offensive) Your Money: Money secrets of parents with multiple kids in college NEW YORK (Reuters) - Sometime soon after his fourth child was born, it dawned on Howard Krooks that he was going to be on the hook for 12 consecutive years of college tuition payments when they all grew up. Kyle Bass still short yuan, says China credit bubble 'metastasizing' NEW YORK (Reuters) - Hayman Capital Management founder Kyle Bass on Thursday said he remains short the Chinese yuan despite the country's latest change to the guidance rate, because he believes credit bubble problems are "metastasizing." China to promote wealth management investment in commodities - regulator BEIJING (Reuters) - China's securities regulator said it will encourage wealth management firms to invest in commodity futures in a bid to promote its domestic derivatives industry and raise the amount of commodities in the nation's assets under management. Column: Yes, disability insurance really is part of Social Security CHICAGO (Reuters) - Quiz time: what do the letters "SS" stand for in SSDI? Your money: Consumers grapple with tip inflation NEW YORK(Reuters) - When Alexander Koury took his cats to get groomed a few weeks ago, he got a bit of a shock at the checkout counter. Related News Uber CEO Travis Kalanick resigns under investor pressure Wall St. set to open slightly higher as oil steadies 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