Money
The tale of two gold funds
CHICAGO - Short of stockpiling bullion in your basement, an ETF is the most cost-effective vehicle for owning gold. But you cannot just pick any fund out of the available list of seven bullion-based funds and expect it to perfectly track the price of gold and offer the lowest expense ratio.9
Recent Money News
Investor Steyer leaving Farallon for politics, charity
BOSTON - Tom Steyer, the billionaire founder of hedge fund Farallon Capital, is leaving the firm at the end of the year, as the money manager and philanthropist who has become more involved in Democratic politics said it is time for him to "give back."
Money edges back to Greece as euro exit fear wanes
LONDON - After scrambling to get their money out of Greece as the economy collapsed, Greeks abroad are regaining an appetite for shares and property at home, spurred on by bargain prices and a bet that their country will stay in the euro zone after all.
Five online classes to rev up your career
- One in 10 students today are pursuing higher education degrees wholly on the Web, and even more are making use of hybrid models of classroom and online coursework. Colleges and universities are rushing to meet this growing demand, offering a huge variety of online degree or certificate programs as well as single courses through free platforms such as Coursera or edX.
Exclusive: Credit Suisse to sell European ETF business -sources
NEW YORK - Credit Suisse Group AG has put its $17.2 billion European exchange-traded fund business up for sale, according to sources familiar with the matter.
Cost of UK investment advice to rise after reform: survey
LONDON - Most people will find it harder to get investment advice when commission-based selling of financial services is banned in Britain next year, according to a survey published on Monday.
The doctor (in the next cube) will see you
U.S. companies have started to open in-house health clinics with doctors, nurses and even dentists to diagnose suspicious symptoms, write prescriptions and more. Full Article
Reuters Money Tweets
Markets
- U.S.
- Europe
- Asia
- Sectors
DOW | 13,251.61 | -91.90 | -0.69% |
S&P; 500 | 1,423.45 | -9.74 | -0.68% |
NASDAQ | 3,000.34 | -5.29 | -0.18% |
TR US Index | 128.66 | -0.76 | -0.59% |
Sector Summary
Energy | -1.24% |
Basic Materials | -0.38% |
Industrials | -0.92% |
Cyclical Goods & Services | -0.74% |
Non-Cyclical Goods & Services | -0.50% |
Financials | -0.41% |
Healthcare | -0.58% |
Technology | +0.20% |
Telecoms | -0.62% |
Utilities | -0.83% |
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