List/Grid Tag Archives: money

U.S. bond fund investors stirred, not shaken

U.S. bond fund investors stirred, not shaken

NEW YORK (Reuters) – U.S. fund investors pumped millions into bond funds for a 50th straight week, the Investment Company Institute (ICI) said on Wednesday, showing that caution in recent… Read more »

Your Money: Uncertain future for those counting on medical deductions

Your Money: Uncertain future for those counting on medical deductions

NEW YORK (Reuters) – At a retirement community near Chicago, Jay Schachner and his friends are nervously awaiting the fate of their medical expenses amid U.S. tax overhaul. An aide… Read more »

Citi hit with $6.5 million in U.S. fines over student loans

Citi hit with $6.5 million in U.S. fines over student loans

WASHINGTON (Reuters) – The U.S. Consumer Financial Protection Bureau (CFPB) said on Tuesday it had ordered Citibank to pay $6.5 million for allegedly harming borrowers with student loan servicing failures…. Read more »

U.S. consumer agency hits Citi with $6.5 million in fines over education lending

U.S. consumer agency hits Citi with $6.5 million in fines over education lending

WASHINGTON (Reuters) – The U.S. Consumer Financial Protection Bureau said on Tuesday it had ordered Citibank to pay $6.5 million for alleged student loan servicing failures it said had harmed… Read more »

Paris watchdog win bolsters its fight for Brexit banks

Paris watchdog win bolsters its fight for Brexit banks

PARIS/LONDON (Reuters) – The surprise decision to move the European Banking Authority to Paris will boost its chances of attracting London banks after Brexit, French officials said on Tuesday. A… Read more »

Your Money: Gear up for a big year of giving

Your Money: Gear up for a big year of giving

CHICAGO (Reuters) – If proposed tax overhaul changes are adopted, giving to charity for tax reasons will no longer be as valuable for most people as it is this year…. Read more »

FINRA fines JPMorgan $1.25 million for failures in employee background checks

FINRA fines JPMorgan $1.25 million for failures in employee background checks

NEW YORK (Reuters) – The Financial Industry Regulatory Authority said on Tuesday it fined JPMorgan Chase & Co’s (JPM.N) securities division $1.25 million for failing to conduct adequate background checks… Read more »

Hong Kong tribunal fines HSBC private bank $51 million for Lehman-linked products

Hong Kong tribunal fines HSBC private bank $51 million for Lehman-linked products

HONG KONG (Reuters) – A Hong Kong tribunal on Tuesday imposed a record fine of HK$400 million ($51 million) on the private banking unit of HSBC (HSBA.L) in a case… Read more »

Rising Medicare costs leave many U.S. seniors with a flat COLA

Rising Medicare costs leave many U.S. seniors with a flat COLA

CHICAGO (Reuters) – Millicent Graves will get a raise from Social Security next year, but her household budget will get worse, not better. FILE PHOTO: An elderly couple looks out… Read more »

Economist Dan Ariely has a fix for our financial foibles

Economist Dan Ariely has a fix for our financial foibles

NEW YORK(Reuters) – No offense, but you are probably dumb with money. FILE PHOTO – Dan Ariely, professor of psychology and behavioral economics, speaks at the Sohn Investment Conference in… Read more »

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