• Oh, behave: How to make sense of behavioral ETFs

    Reuters News: NEW YORK (Reuters) – Can you make serious money by capitalizing on human foibles? A worker takes a vegan pizza out of the oven at a Domino’s Pizza restaurant in Tel Aviv, Israel July 16, 2015. REUTERS/Baz Ratner Because of fear, greed and other emotions, most people...
  • Exxon, Chevron results linked to oil price, not cost cuts

    Reuters News: HOUSTON (Reuters) – Rising oil and natural gas prices boosted third-quarter profits at Exxon Mobil Corp and Chevron Corp by about 50 percent, underscoring how reliant they remain on commodity markets for their financial futures than better technology or cost cuts. FILE PHOTO: An airplane comes in...
  • UBS cautions gains from wealthy client activity may not last

    Reuters News: ZURICH (Reuters) – A pick-up at UBS’s (UBSG.S) core wealth management business is likely to weaken in the final months of 2017 as clients withdraw money to take part in tax amnesty programs, the world’s biggest private bank said. UBS, which manages more than more than $2...
  • U.S. economy likely slowed by hurricanes in third quarter

    Reuters News: WASHINGTON (Reuters) – U.S. economic growth probably slowed in the third quarter as hurricanes Harvey and Irma restrained consumer spending and undercut construction activity, but underlying momentum likely remained strong amid robust business investment on equipment. A construction worker works on the side of a hill along...
  • Trump and U.S. House tax lawmaker reopen door to 401(k) changes

    Reuters News: WASHINGTON (Reuters) – President Donald Trump and the U.S. House of Representatives’ top tax law writer reopened the door on Wednesday to changes in the 401(k) retirement savings program, just days after Trump seemed to rule out such a step under a broad Republican tax overhaul project....
  • Hydrogen fuel-cell car push 'dumb'? Toyota makes a case for the Mirai

    Reuters News: TOKYO (Reuters) – Having invested heavily in hydrogen, a technology derided by Tesla chief Elon Musk as “incredibly dumb”, Toyota Motor Corp is making a renewed push for fuel cell cars to fill a role in a future dominated by electric battery vehicles. FILE PHOTO – The...
  • Republicans, Wall Street score victory in dismantling class-action rule

    Reuters News: WASHINGTON (Reuters) – Banks, credit card issuers and other financial companies will be able to block customers from banding together to sue over disputes, after the U.S. Senate on Tuesday narrowly killed a rule banning the firms from using “forced arbitration” clauses. The U.S. Capitol building is...
  • Column: With U.S. elder abuse in spotlight, a look at guardians

    Reuters News: CHICAGO (Reuters) – Are unsuspecting seniors around the United States being scooped up without warning from their homes, placed in nursing homes and having their possessions taken away? A pair of elderly couples view the ocean and waves along the beach in La Jolla, California March 8,...
  • Microsoft to drop lawsuit after U.S. government revises data request rules

    Reuters News: (Reuters) – Microsoft Corp said it will drop a lawsuit against the U.S. government after the Department of Justice (DOJ) changed data request rules on alerting internet users about agencies accessing their information. FILE PHOTO – A sign marks the Microsoft office in Cambridge, Massachusetts, U.S. January...