Reuters Money: June 27, 2017

Click to View in Browser Tuesday, June 27, 2017 World's first ATM machine turns to gold on 50th birthday LONDON (Reuters) - Five decades since it heralded a transformation in the way people obtained and used cash, the world's first ATM was turned into gold for celebrations of its fiftieth anniversary. 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. Deutsche Bank's chief U.S. economist LaVorgna steps down: Bloomberg NEW YORK (Reuters) - Deutsche Bank AG's chief U.S. economist Joe LaVorgna left last week after about 20 years with the bank and plans to "work elsewhere in financial services," Bloomberg said on Monday, citing people familiar with the move. Hedge fund PSAM buys stake in CdR Capital NEW YORK (Reuters) - Hedge fund firm P. Schoenfeld Asset Management has bought a minority stake in CdR Capital, the two investment managers said in a statement on Monday. Berkshire bulks up in real estate with Store Capital stake NEW YORK (Reuters) - Berkshire Hathaway Inc has taken a nearly 10 percent stake in the real estate investment trust Store Capital Corp, adding to bets in the sector by the conglomerate controlled by billionaire Warren Buffett. 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. 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. 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. Related News EU fines Google record $2.7 billion in first antitrust case Wall St. opens lower as tech selloff bites 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