Reuters Money: June 26, 2017

Click to View in Browser Monday, June 26, 2017 Investing with 'green' ratings? It's a gray area BOSTON/NEW YORK (Reuters) - Investors betting trillions on ethically-appealing stocks may not be getting all they expect. Meditating on life with hip-hop entrepreneur Russell Simmons NEW YORK (Reuters) - If there is one American entrepreneur who seems to thrive across multiple industries and spanning different eras, it would have to be Russell Simmons. Your money: Now you can get miles for your student loan NEW YORK (Reuters) - Dana Friend was skeptical about all the offers flooding her inbox to refinance her student loan with a private company, but what sold her in the end was not the offer to cut her interest rate in half – it was the bonus of 50,000 JetBlue miles. Biggest U.S. banks clear first hurdle in Fed's annual stress tests WASHINGTON/NEW YORK (Reuters) - The 34 largest U.S. banks have all cleared the first stage of an annual stress test, showing they would be able to maintain enough capital in an extreme recession to meet regulatory requirements, the Federal Reserve said on Thursday. State Street appoints Steve Cook senior vice president of U.S. investor services (Reuters) - Financial services provider State Street Corp said on Friday it appointed Steve Cook as senior vice president within its U.S. investment services business. Abadi leaves Safra National Bank for Morgan Stanley: sources SAO PAULO (Reuters) - Mauricio Abadi resigned on Friday as an executive vice president of Safra National Bank of New York to join Morgan Stanley & Co, three people familiar with the situation said. Column: Big Social Security COLA will be offset by Medicare premiums CHICAGO (Reuters) - Retirees can look forward to the largest Social Security cost-of-living adjustment next year since 2012 - but don't break out the champagne just yet. For many, higher Medicare premiums will take a big bite out of their raise. U.S. stock fund flows decline week after one of biggest inflows of 2017 NEW YORK (Reuters) - Investors pulled back from U.S.-based stock funds after pouring the most cash into those investments since February the previous week, Lipper data showed on Thursday. Low U.S. inflation? It's your phone: BlackRock bond manager NEW YORK (Reuters) - Americans' love of their smartphones and apps may be contributing to the sluggish pace of inflation that is worrying Wall Street and the Federal Reserve, a top bond manager at BlackRock, the world's biggest asset manager, said on Wednesday. Gundlach says flatter Treasury yield curve could become a concern NEW YORK (Reuters) - The U.S. Treasury yield curve flattening could become a concern for economic growth when two-year and three-year Treasury note yields are about the same, and the price per barrel of WTI crude oil falls into the $30-dollar range, said Jeffrey Gundlach, chief executive at DoubleLine Capital, on Wednesday. Related News Wall St. opens higher as tech stocks rise, oil rebounds Oil holds above November lows but under threat from U.S. supply 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