Wednesday, 15 May 2019

Your money: Should you pay to stop phone spam?

Reuters.com Newsletter

Your money: Should you pay to stop phone spam?

If your phone log is anything like mine, the list of incoming scam calls makes it look like you work for the State Department: Sri Lanka, Lithuania, Russia, Bosnia, Benin, Croatia and Sierra Leone. And if you are anything like me, the thought that may cross your mind is: I would pay anything to make these calls stop.

Peltz's Trian Fund may push for changes at mutual fund Legg Mason

Nelson Peltzs' Trian Fund Management LP may push Legg Mason Inc. to implement changes to boost returns, a person familiar with the matter said on Tuesday, the second time in 10 years that Trian has targeted the mutual fund company.

U.S. growth would have contracted without trillions in government, consumer debt: Gundlach

U.S. growth appears to be based "exclusively" on government, corporate and mortgage debt and the economy would have contracted if the United States had not added trillions in debt, Jeffrey Gundlach, chief executive of DoubleLine Capital, said in an investor webcast on Tuesday.

Depression risk could derail your retirement portfolio

Retirement savings can suffer from interest rate moves, market volatility and other financial risks, but depression can be just as damaging.

Neuberger urges Verint investors to back its board nominees

Asset manager Neuberger Berman on Monday urged shareholders of Verint Systems to vote for its three director nominees and asked the data analytics company to detail its cloud strategy.

A doctor on TV, Hill Harper is a money guru in real life

Many Hollywood stars are known for their lavish spending, but Hill Harper is far on the other end of the spectrum. He gives out sound money advice - not in character on TV, but in real life, with his knowledge gained as a Harvard-trained lawyer and serial entrepreneur.

Berkshire's Brooks Running unit adapts as the science of running evolves

Preventing injuries from running shoes is a science for Jim Weber, the chief executive of Brooks Running, a unit of Warren Buffett's Berkshire Hathaway Inc.

Investors pull more than $20 billion from stocks on 'trade deal trauma': BAML

Global equities have seen outflows of $20.5 billion in the past week as "trade deal trauma" pushed more money into bonds, Bank of America Merrill Lynch said on Friday, the latest sign of how growing global trade tensions are roiling financial markets.

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