Reuters Money

Do you have the heart for foreign exchange trading?

July 18, 2011

When he isn’t working as a Sacramento-area chiropractor, Neil Kalia likes to watch the currencies of other countries closely. Very closely.

How a traffic ticket or five extra pounds can raise your insurance rates

July 15, 2011

The following is a guest post by Jennifer Merritt. The opinions expressed are her own.

from Felix Salmon:

The horrifying AAA debt-issuance chart

July 15, 2011

This is why I love FT Alphaville in general and Tracy Alloway in particular: she'll dutifully read 14 pages into something entitled "The Basel Committee on Banking Supervision Joint Forum Report on Asset Securitisation Incentives" before coming across this chart and immediately realizing just how important it is.

Debt ceiling & dumber: No safe haven for your money?

July 15, 2011

Washington is now acting out a scene from Tennessee Williams’ classic play Glass Menagerie. The ever-fragile players are about to shatter .

Financial disclosures can make advice worse: Yale study

July 14, 2011

Washington watchers are sure to see a lot of one particular word in the months to come: disclosure.

Vacation rentals: Where the deals are

July 14, 2011

KENNEBUNKPORT, Maine — In this oceanfront enclave where former President George H.W. Bush spends his summers, interest in vacation rentals is climbing thanks to the deals to be had for the first time in recent memory.

How to protect yourself from a U.S. default

July 14, 2011

Can you protect yourself from a U.S. debt default?

The short answer: Probably not.

But that hasn’t stopped Bob Goldman’s clients from calling, seeking advice on what to do now. Goldman, an hourly financial planner in Sausalito, California, says his phones starting ringing on Tuesday with calls from clients worried about a government default. “It’s finally built up. All the bad news and the scary stuff has reached a point where we can’t deal with it anymore. Sometimes there’s no more room for anyone else under the bed,” he says.

Fractional ownership is on the rise, so power up that corporate jet

July 14, 2011

Despite the fact that President Obama has started taking aim at tax breaks, fractional ownership is gaining steam post-financial crisis, offering affluent consumers an efficient use of their dollars and time. So if you thought owning a piece of a private jet or Italian villa was just for the Cannes crowd, think again.

Investors warm up to emerging market bonds

July 14, 2011

Talk about a paradigm shift.

In the late 1990s, the Asian currency crisis and Russia’s massive debt default crushed bonds issued in emerging markets in Asia, Europe and Latin America. Just three years ago, emerging market bonds tumbled as investors ran from anything that smelled of risk.

CORRECTED: Who benefits from student loans and educational tax benefits?

July 13, 2011

On Wednesday, we looked at mortgage debt and the home mortgage interest deduction, based on new data released in a Joint Committee on Taxation report. Today, we’ll look at student loans and their corresponding interest deduction.