Money disasters can derail retirement

Karyn Golden’s income was approaching $200,000 as she lived a carefree single existence at the peak of her career in Chicago, 20 years ago. She brokered real estate deals, served on boards and...

from Reuters: Wealth https://reut.rs/2re51Jh

Medicine or vice? Socially screened funds struggle to define cannabis industry

The $8 trillion U.S. socially responsible investment industry is grappling with that question as more states approve the recreational use of cannabis, pushing consumption closer to "sin" stocks like...

from Reuters: Wealth https://reut.rs/2FZnALo

Ex-Morgan Stanley adviser gets five years in U.S. prison for fraud

A former Morgan Stanley adviser was sentenced to five years in prison on Tuesday after he admitted that he misused client funds to invest in a wind farm project and to cover his own personal...

from Reuters: Wealth https://reut.rs/2rf5qLw

Hedge funds' historic U.S. rate view shift switches to 5-year bonds: McGeever

A couple of weeks ago it was 10-year Treasuries, last week 5-year bonds: hedge funds are shifting their view of the Fed and U.S. interest rates by magnitudes rarely seen before.

from Reuters: Wealth https://reut.rs/2FR6hwl

Campbell ends proxy fight with Third Point, adds directors

Campbell Soup and Third Point LLC settled their proxy contest on Monday by adding two of the hedge fund's nominees to the U.S. food company's board and giving the activist investor a say in selecting...

from Reuters: Wealth https://reut.rs/2P7Z1eE

Merkel protege and old rival battle to lead Germany's ruling party

The race to succeed Angela Merkel as leader of Germany's ruling conservatives, and take pole position to succeed her as chancellor, is going down to the wire.

from Reuters: Top News https://reut.rs/2QqapqX

Japan-France spat over Nissan-Renault brews as Ghosn remains jailed

Japanese Prime Minister Shinzo Abe and French President Emmanuel Macron were arranging to meet on the sidelines of the G20 summit meeting, media said, amid signs of a brewing diplomatic feud over the power balance at the troubled Renault-Nissan alliance.

from Reuters: Top News https://reut.rs/2DU46Wd

Spoils of trade war: Argentina loads up on cheap U.S. soybeans

A ship named the Torrent is nearing the end of a 5,000-mile trip carrying soybeans from the U.S. Great Lakes to Argentina - a journey that only makes economic sense because of the U.S.-China trade war.

from Reuters: Top News https://reut.rs/2Qq2aeA

U.S., Canada, Mexico continue brinkmanship on trade deal until signing

The leaders of Mexico, Canada and the United States were due to sign a North American trade pact on Friday, although brinkmanship over the final details of the deal continued through the eve of the signing.

from Reuters: Top News https://reut.rs/2DS7H70

China rejects U.S. academic report calling for retaliatory action

Chinese media on Friday hit back at a U.S. academic report which urged the United States to engage in "tit-for-tat" retaliation to counter what it said was China's widening campaign for influence which threatened to undermine democratic values.

from Reuters: Top News https://reut.rs/2Qqafjl

China reports weakest factory growth in over two years on eve of U.S. trade talks

Growth in China's vast manufacturing sector stalled for the first time in over two years in November as new orders slowed, piling pressure on Beijing ahead of crucial trade talks between Presidents Xi Jinping and Donald Trump this weekend.

from Reuters: Top News https://reut.rs/2DTaQDr

Asian shares wobble before Trump-Xi meeting

Asian shares wavered on Friday as investors were on edge before a crucial weekend meeting between the Chinese and U.S. presidents that could determine the course of a heated trade war over the next year.

from Reuters: Top News https://reut.rs/2QqUVmv

Grab, Go-Jek wage street fight for SE Asia 'super-app' supremacy

At a makeshift kiosk outside her home in a South Jakarta backstreet, 39-year-old Julaiha stands at the front lines of a multi-billion-dollar battle over one of the richest opportunities in the global digital economy.

from Reuters: Top News https://reut.rs/2DPmNtQ

In abrupt switch, Trump cancels Putin meeting, cites Ukraine crisis

U.S. President Donald Trump on Thursday abruptly canceled a planned meeting with Russian President Vladimir Putin in Argentina, registering his disapproval of Russia's treatment of Ukraine and casting new uncertainty over U.S.-Russian ties.

from Reuters: Top News https://reut.rs/2QowSEY

Handful of caravan migrants launch hunger strike at U.S. border

A handful of the thousands of Central American migrants camped out at the U.S.-Mexican border waiting to plead their case for asylum in the United States launched a hunger strike on Thursday to protest the Mexican police blocking their way.

from Reuters: Top News https://reut.rs/2DP6YDH