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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Reuters: Money

An update on winners and losers on the U.S. tax scorecard

Sat, Dec 16, 2017

NEW YORK (Reuters) - In the lead-up to the conference agreement for the U.S. Tax Cut & Jobs Act released on Friday, there were too many moving parts for most Americans to know how it would affect... ...

Exclusive: Guggenheim Partners working to quell investor concern about management

Thu, Dec 14, 2017

NEW YORK (Reuters) - Top executives at asset manager and investment bank Guggenheim Partners LLC are working to quell clients' concerns about the fate of their chief executive officer and about an... ...

'Tiger Cub' Griffin shuts his Blue Ridge hedge fund after 21 years

Fri, Dec 15, 2017

BOSTON (Reuters) - John Griffin is shutting his $6 billion Blue Ridge Capital hedge fund after more than two decades, becoming the latest high profile investor to liquidate his business as industry... ...

Votorantim Energia, Canada pension board form JV to invest in power

Fri, Dec 15, 2017

(Reuters) - Canada Pension Plan Investment Board (CPPIB) and Brazil's Votorantim Group's energy unit Votorantim Energia have formed a joint venture that will buy two operational wind parks in... ...

Fed's Quarles to recuse himself from Wells Fargo matters

Fri, Dec 15, 2017

WASHINGTON (Reuters) - Randal Quarles, the top Federal Reserve official tasked with policing Wall Street, said on Friday that he would recuse himself from any matters concerning Wells Fargo & Co, the... ...

Do not expect postcard-sized tax return from Republican plan: experts

Thu, Dec 14, 2017

WASHINGTON (Reuters) - Since mid-2016, U.S. House Speaker Paul Ryan has carried around a "postcard" that he has said shows how easy it will be for Americans to file their taxes once Republicans are... ...

Column: New U.S. state retirement plans are welcome, but why so expensive?

Thu, Dec 14, 2017

CHICAGO (Reuters) - Next month, Oregon will become the first U.S. state to start automatically signing up workers to save for retirement if they do not already have a workplace 401(k). ...

Vivienne Tam scales fashion peaks with China Chic

Thu, Dec 14, 2017

NEW YORK (Reuters) - Some of us are fortunate to find a calling in life early on, and for Vivienne Tam it was literally by design. ...

Use balance transfers to start 2018 with path to pay off debt

Wed, Dec 13, 2017

NEW YORK (Reuters) - When the U.S. Federal Reserve raises interest rates, as it did on Wednesday by a quarter-percentage point, the first pinch consumers usually feel is higher interest rates on... ...

DoubleLine's Gundlach says investors should add commodities in portfolios: CNBC

Wed, Dec 13, 2017

NEW YORK (Reuters) - DoubleLine CEO Jeffrey Gundlach said on Wednesday that his best investment idea for the new year is commodities, against the backdrop of increasing global economic activity and... ...