• Exclusive: Baupost's Klarman resists calls to wipe out Puerto Rico debt

    Reuters News: BOSTON (Reuters) – Billionaire investor Seth Klarman on Wednesday resisted calls for Puerto Rico’s debt to be wiped out and said the island’s residents will be better off in the long run if obligations are honored. A man stands on what is left of the balcony of...
  • Q&A: Jewel learned her life lessons from nature, books and pain

    Reuters News: NEW YORK (Reuters) – Jewel’s rise in the music world from the Alaska frontier to first-name-only star is almost unbelievable: Girl endures an abusive environment, becomes homeless – and then not only survives, but reaches the pinnacle of her profession. Now 43, Jewel (born Jewel Kilcher) is...
  • Early filers for college financial aid reap benefits

    Reuters News: NEW YORK (Reuters) – Want to increase your chance to get financial aid for college? File the Free Application for Federal Student Aid (FAFSA) by the end of 2017. “The sooner the better,” said financial aid expert Mark Kantrowitz, publisher at Cappex.com. In a 2015 study he...
  • Q&A: Tamed 'Wolf of Wall Street' Belfort shares new sales secrets

    Reuters News: NEW YORK (Reuters) – Jordan Belfort inspired the feature film “The Wolf of Wall Street,” which starred Leonardo DiCaprio and portrayed the wealth and excesses that the head of former Long Island brokerage Stratton Oakmont enjoyed back in the 1990s. Belfort, 55, has had a resurrection of...
  • Fall is right time to rethink your Medicare drug plan options

    Reuters News: CHICAGO (Reuters) – Forewarned is forearmed – and for U.S. seniors, the warning just arrived in the mail. Each September, enrollees in Medicare prescription drug and Advantage plans receive letters from their insurance companies detailing any changes in coverage for the year ahead. Called the Annual Notice...
  • Q&A: Maker's Mark helped Bill Samuels Jr. make his mark

    Reuters News: NEW YORK(Reuters) – Bourbon is a multi-billion-dollar business, but it began with just a few pioneering Kentucky families from Bardstown who all lived down the road from each other. One of those iconic families started around 1790 and is still in the business. Bill Samuels Jr., son...
  • Gold and cash reign as U.S. fund investors pare stocks: Lipper

    Reuters News: NEW YORK (Reuters) – U.S. fund investors gorged on gold and traded stocks for cash during the latest week, showing caution even as markets trend higher, Lipper data showed on Thursday. More than $16 billion took shelter in low-risk, U.S.-based money-market funds during the seven days through...
  • Where consumers should turn after the Equifax breach

    Reuters News: NEW YORK (Reuters) – There is a widespread sense of fear hanging over consumers in the aftermath of the data breach at credit-monitoring firm Equifax revealed in early September that approximately 143 million consumers’ personal and financial records were exposed. It would be bad enough if people...
  • For UBS, size is key to opening digital wealth vaults

    Reuters News: ZURICH (Reuters) – UBS (UBSG.S), the world’s largest wealth manager, is convinced its new online private bank needs to get bigger. Now it needs to work out how. The Swiss bank began piloting SmartWealth last year in Britain as a platform to rival start-ups such as WealthFront...