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Millennial parents still like to tap the Bank of Mom & Dad

By Bobbi Rebell NEW YORK (Reuters) - The Bank of Mom & Dad is busy these days. Millennials with kids of their own say they received $11,011 in financial support or unpaid labor, on ...

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Bill Gross: Without ECB, BOJ policies, U.S. 10-year yield would be 3.5 percent

Bill Gross: Without ECB, BOJ policies, U.S. 10-year yield would be 3.5 percent

By Jennifer Ablan NEW YORK (Reuters) - Bond investor Bill Gross said on Monday that without quantitative easing from the European Central Bank and Bank of Japan the 10-year U.S. Treasur ...

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Trump ignites political fight over U.S. banking law reforms

Trump ignites political fight over U.S. banking law reforms

By Sarah N. Lynch and Lisa Lambert WASHINGTON (Reuters) - U.S. President Donald Trump on Friday ordered reviews of major banking rules that were put in place after the 2008 financial cr ...

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Connecticut fund manager linked to ‘Hamilton’ Ponzi case pleads guilty

By Nate Raymond NEW YORK (Reuters) - A Connecticut hedge fund manager has pleaded guilty in a case linked to an alleged Ponzi scheme involving the resale of tickets for popular events, ...

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From Wall Street to Wisconsin, brokers cheer Trump’s order

From Wall Street to Wisconsin, brokers cheer Trump’s order

By Suzanne Barlyn and Elizabeth Dilts NEW YORK (Reuters) - With a swipe of his pen, U.S. President Donald Trump on Friday started killing off a retirement advice rule that wealth manage ...

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Trump issues orders to review banking law and retirement advice rule

Trump issues orders to review banking law and retirement advice rule

By Sarah N. Lynch and Lisa Lambert WASHINGTON (Reuters) - U.S. President Donald Trump on Friday ordered reviews of major banking rules that were put in place after the 2008 financial cr ...

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U.S. charges fired Morgan Stanley wealth manager with theft

By Jonathan Stempel NEW YORK (Reuters) - A former Morgan Stanley wealth manager in New Jersey has been criminally charged with stealing about $5 million from clients, and then going on ...

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Your Money: Three big ideas to make it easier to save for college

Your Money: Three big ideas to make it easier to save for college

By Beth Pinsker NEW YORK (Reuters) - Surveys regularly find that Americans have no idea what a 529 college savings plan is, so a little tinkering under the hood is definitely needed. Fo ...

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US CLO market grapples with timeframe for disclosing risk-retention holdings

By Kristen Haunss NEW YORK (Reuters LPC) - The US Collateralized Loan Obligation (CLO) market is attempting to set a standard timeframe for managers to disclose how much risk they inten ...

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Trump to issue directives targeting Dodd-Frank, retirement advice rule

Trump to issue directives targeting Dodd-Frank, retirement advice rule

By Ayesha Rascoe and Sarah N. Lynch WASHINGTON (Reuters) - U.S. President Donald Trump on Friday will scale back major regulations that resulted from the financial crisis, directing a r ...

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Wells Fargo customers to get easier access to online finance tools

Wells Fargo customers to get easier access to online finance tools

(Reuters) - Wells Fargo & Co reached an agreement with Intuit Inc to allow the bank's customers who use financial management applications such as Mint, TurboTax and QuickBooks to ch ...

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Trump to issue orders targeting Dodd-Frank, retirement advice rule

Trump to issue orders targeting Dodd-Frank, retirement advice rule

By Ayesha Rascoe and Sarah N. Lynch WASHINGTON (Reuters) - U.S. President Donald Trump will sign executive orders on Friday to review the Dodd-Frank Wall Street reforms and halt a Labor ...

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Hedge funds head back into government bonds after turgid 2016

By Maiya Keidan and Abhinav Ramnarayan LONDON (Reuters) - Some hedge funds who shunned or bet against European government bonds only three months ago are buying again as a sharp rise in ...

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Fizz comes back to U.S. stock fund flows, despite performance

By Trevor Hunnicutt NEW YORK (Reuters) - Investors hurled the most cash at U.S.-based stock funds since the U.S. presidential election during the latest week, Lipper data showed on Thur ...

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Volatility swoon opens up options market opportunities

Volatility swoon opens up options market opportunities

By Saqib Iqbal Ahmed NEW YORK (Reuters) - Whether you believe the rally in U.S. stocks has run out of steam or expect shares to soar on to new highs, the recent slump in stock market vo ...

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