Reuters Money

Social Security, Medicare dodge bullet, but cuts loom

August 2, 2011

Social Security and Medicare dodged a bullet in the debt ceiling battle, but beneficiaries still have plenty to fear from the next phase of the deficit reduction war.

What you need to know about consumer-driven health plans

August 2, 2011

A mid-career engineer, Michael Eckman, 37, bounced back from a year of unemployment by recently landing a new job about 15 miles northwest of Philadelphia. It happened quickly. He sent the initial application on a Wednesday, heard back that Thursday, interviewed Friday and received an offer a week later.

In the world of high-priced purses, beware quality fakes

August 2, 2011

Lan Tran, a systems analyst in Boston, wanted a Louis Vuitton purse which retails for about $1,500, but thought the price was a little too steep for her. So when she saw one listed on eBay for $300 from a top seller with only good feedback, she struck.

Structured products still should be avoided by yield chasers

August 1, 2011

Regulators have finally gotten the message that structured products can be hazardous to your wealth .

Stock loans can put your securities to work as collateral

August 1, 2011

A few years ago, homes provided a deep and seemingly endless pool of loan collateral. Now, depressed real estate values and tight lending standards are prompting some brokers to float the idea of using stocks and other securities as collateral for people with healthy portfolios but limited borrowing options.

The case for financial repression: Mild inflation, low interest rates

August 1, 2011

Rick Ashburn is a chartered financial analyst and the founding Principal Chief Investment Officer of Creekside Partners, based in Lafayette, California. The opinions expressed here are his own.

Answers to the 7 big “what-ifs” of debt default

July 29, 2011

The debt negotiations are getting down to the wire. Republican and Democratic lawmakers are scrambling to broker a deal to raise the country’s $14.3 trillion debt ceiling before Tuesday, when the Treasury will no longer be able to borrow funds to meet all of its obligations. That’s why major credit rating agencies are considering a downgrade of U.S. debt.

Commodities in, cash out for Tea Party wealth advisers as debt deadline looms

July 29, 2011

Just because some financial advisers associate themselves with the Tea Party doesn’t mean they can read tea leaves. Ultimately, they don’t know what’s going to happen in Washington any more than wealth managers at Fidelity or Merrill Lynch, but they have a pretty good idea of the long-term effects regardless of what happens.

Reverse mortgage loans headed for third straight declining year

July 29, 2011

The reverse mortgage industry is headed for its third straight year of declining loan activity in the wake of the housing crash and the exit of three of the market’s biggest lenders.

It’s time for banks to pay back their debt to the rest of us

July 29, 2011

The devilish deficit dance going on in Congress right now has been a convenient distraction for big U.S. banks. They’ve not only escaped new taxes for now, but they also are relishing their taxpayer bailout by earning robust profits.