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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Reuters Money

Trump says fines against Wells Fargo could be increased

Fri, Dec 08, 2017

WASHINGTON/NEW YORK (Reuters) - President Donald Trump took aim at the third-largest U.S. bank on Friday, writing on Twitter that government fines and penalties against Wells Fargo & Co could be... ...

SEC to delay mutual fund disclosures in cybersecurity push

Fri, Dec 08, 2017

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Friday it would delay new submissions of portfolio data by mutual funds, as the regulator beefs up its cybersecurity. ...

U.S. tax repatriation plan may not cure long-term dollar weakness

Fri, Dec 08, 2017

NEW YORK (Reuters) - Investors looking for the U.S. Republican tax bill to prompt multinational companies to convert foreign profits into dollars and end the worst slide in the greenback in a decade... ...

City of London sticks to Brexit plans despite progress

Fri, Dec 08, 2017

LONDON (Reuters) - London's financial industry welcomed progress on a divorce deal with the European Union on Friday but said it saw little reason to alter preparations for when Britain leaves the EU. ...

UBS investment bank head wary on 2018 outlook

Fri, Dec 08, 2017

ZURICH (Reuters) - The head of Swiss bank UBS's investment banking business gave a cautious outlook for market conditions next year, with fees set to fall again and volatility staying low. ...

Column: U.S. Republicans sharpen knives for retirement program cuts

Thu, Dec 07, 2017

CHICAGO (Reuters) - Traditionally, U.S. politicians avoid talking about cutting Social Security and Medicare close to election time. ...

Gross warns Fed should be 'more cautious' amid investor bond binge

Thu, Dec 07, 2017

NEW YORK (Reuters) - Influential bond investor Bill Gross of Janus Henderson Investors warned Thursday the Federal Reserve should be "more cautious and easier" in its interest-rate hiking campaign,... ...

Retail disruption is nothing compared to gnarly first jobs

Thu, Dec 07, 2017

NEW YORK (Reuters) - If any industry is in the throes of total disruption right now, it is retail. ...

New York pension fund seeks more pay disclosure from Wells Fargo

Thu, Dec 07, 2017

(Reuters) - New York state Comptroller Thomas DiNapoli is asking Wells Fargo & Co to disclose more information about employee incentive pay, an issue that was at the heart of a scandal that has... ...

Yes, she's judging you: Luvvie Ajayi on writing a bestselling life

Thu, Dec 07, 2017

NEW YORK (Reuters) - Sometimes in life, the best teachers are not elder statesmen who have been around for decades. Sometimes we can learn the most from young entrepreneurs who are creating something... ...