News

Reuters Personal Finance:

• Buy a house, and other forced savings February 22, 2012
  WASHINGTON (Reuters) - This is America Saves Week, one of those artificial holidays designed to convey a message. And the message is: Save more money.
• Retirement advising prerequisite: Psych 101 February 22, 2012
  (Reuters) - In 2005, after 20 years as a New York state trooper, Nicole Wilder was able to start her retirement at age 48.
• More birthdays give wealthy unwanted gift: anxiety February 22, 2012
  (Reuters) - If you knew you would be around to blow out the candles at your 100th birthday party, would that change how you manage your money today?
• Pawnshops for prosperous accept wine as collateral February 22, 2012
  NEW YORK (Reuters) - Some U.S. pawnbrokers are taking liquid assets - literally.
• How lies and legal problems snowball February 22, 2012
  (Reuters) - Brokers who hide embarrassing legal troubles from their employers risk triggering a new set of problems that could be worse.
• Rise in identity fraud tied to smartphone use February 22, 2012
  (Reuters) - Nearly 12 million Americans were victims of identity theft in 2011, an increase of 13 percent over 2010, according to a report released on Wednesday by the research firm Javelin Strategy...
• Obama urges corporate tax cut, closing loopholes February 22, 2012
  WASHINGTON (Reuters) - President Barack Obama made an opening offer in what could be a long negotiation with corporate America on Wednesday, putting forward his first clear plan to cut the corporate...
• Apple shareholders to meet as stock at record high February 22, 2012
  SAN FRANCISCO (Reuters) - Apple Inc Chief Executive Tim Cook is in an enviable position - market leading products, a $98 billion warchest and a seemingly gravity-defying stock price.
• Analysis: Goldman's top brass gun for cash bonuses February 22, 2012
  (Reuters) - While Wall Street slashes pay and freezes cash awards, Goldman Sachs Group's top five executives may reap special bonuses of $10.5 million apiece if the firm hits historically easy profit...
• Falling crop prices may be a harvest for retail February 21, 2012
  NEW YORK (Reuters) - Corn, wheat and cotton prices are expected to fall - and that could lead to gains in sectors far removed from the farm.

Reuters Global Investing:

• Central banks and the next bubble II February 22, 2012
  Swiss private bank Lombard Odier warns that not only has the quality of central bank balance sheet deteriorated, there has been no visible impact on the real economy.
• European corporate bonds flourishing February 22, 2012
  A new set of data from Thomson Reuters sheds light on blossoming European corporate bond activity.
• How Turkey cut interest rates but didn’t really February 21, 2012
  How do you cut interest rates without actually loosening monetary policy? Turkey's central bank effectively did that today.
• Becoming less negative on Europe February 21, 2012
  Markets are unimpressed today by Europe finally agreeing to bail out Greece for the second time, with European stocks down -0.6% on the day. But here's some encouraging news: Credit Suisse has become...
• Central banks and the next bubble February 21, 2012
  Central bank balance sheets are expanding at what some say is an alarming pace. Can this cause the next bubble to form and burst?
• Turkey gearing up for rate cuts but not today February 21, 2012
  Could Turkey's central bank surprise markets today. Unlikely. But most reckon rate cuts are on their way over the next few months.
• Stock-picking funds: no picnic February 21, 2012
  It's hard to pick the best-performing fund management firms, even if you work in the fund industry yourself.
• Ivory Coast to Belize — tale of two frontiers February 20, 2012
  One has already defaulted on its debt and the other is at risk of doing so, but Ivory Coast bonds are wildly outperforming those of Belize in JPMorgan's new NEXGEM frontier bond index.
• Discovering the pleasure of dividends in Russia February 20, 2012
  Russian dividend yields are well below the emerging markets average. Shareholders are hoping that signs of change are genuine.
• Greece: heading for a credit event? February 20, 2012
  Agreement in debt talks between private sector creditors and the Greek government over the size of the haircut those creditors will have to wear on their Greek bond holdings is key.