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Gray divorces and tax changes complicate retirement

NEW YORK (Reuters) - When people over the age of 50 get divorced, retirement accounts become a key asset, even more so sometimes...

Speculators lift net long U.S. dollar bets to highest since mid-Dec...

NEW YORK (Reuters) - Speculators’ net long bets on the U.S. dollar climbed to their highest since mid-December 2016 in the latest week,...

Englander’s Millennium hires portfolio manager from Citadel: sources

BOSTON (Reuters) - Millennium Management, the $36 billion hedge fund run by Israel Englander, has hired a prominent portfolio manager from rival Ken...

Mnuchin to attend top Saudi event, media exit over missing journalist

DUBAI/LONDON (Reuters) - U.S. Treasury Secretary Steven Mnuchin and Wall Street banks will show up at an elite Saudi investment conference this month...

Graphic: U.S. banks enjoy benefits of a growing economy, lower taxes

(Reuters) - The U.S. banking industry is enjoying the benefits of a growing economy and lower taxes, if the double-digit profit growth posted...

Your Money: What is the best play for your money right...

NEW YORK (Reuters) - When the stock market has suffered a couple of really big slides in a row, like it did this...

PNC expects small rise in quarterly loan growth, shares fall

(Reuters) - U.S. regional bank PNC Financial Services Group Inc on Friday reported disappointing quarterly loan growth and said it expected only a...

U.S. banks profit from higher rates, more loans and lower costs

NEW YORK (Reuters) - The U.S. banking industry is enjoying the benefits of a growing economy and lower taxes, and three of the...

Retirement target-date funds stung by emerging markets, U.S. bonds

BOSTON (Reuters) - The largest target-date funds for U.S. investors nearing retirement are reporting their worst performance since 2008, as bets on Chinese...

Wells Fargo profit rises, cost cuts paying off

(Reuters) - Wells Fargo & Co (WFC.N) posted a 32 percent jump in quarterly profit on Friday, as the bank gave out more...
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