Reuters Money: June 19, 2017

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Monday, June 19, 2017

Hedge fund called 'greedy bastards' by Whole Foods CEO would make $300 million on sale

(Editor's Note: please be advised that headline and paragraph 7 contain language that some readers may find offensive)

Your Money: Money secrets of parents with multiple kids in college

NEW YORK (Reuters) - Sometime soon after his fourth child was born, it dawned on Howard Krooks that he was going to be on the hook for 12 consecutive years of college tuition payments when they all grew up.

Kyle Bass still short yuan, says China credit bubble 'metastasizing'

NEW YORK (Reuters) - Hayman Capital Management founder Kyle Bass on Thursday said he remains short the Chinese yuan despite the country's latest change to the guidance rate, because he believes credit bubble problems are “metastasizing.”

China to promote wealth management investment in commodities - regulator

BEIJING (Reuters) - China's securities regulator said it will encourage wealth management firms to invest in commodity futures in a bid to promote its domestic derivatives industry and raise the amount of commodities in the nation's assets under management.

Column: Yes, disability insurance really is part of Social Security

CHICAGO (Reuters) - Quiz time: what do the letters “SS” stand for in SSDI?

Your money: Consumers grapple with tip inflation

NEW YORK(Reuters) - When Alexander Koury took his cats to get groomed a few weeks ago, he got a bit of a shock at the checkout counter.

Chance of Fed hitting 'terminal rate' looking terminal: James Saft

(Reuters) - The main thing terminal about the Federal Reserve’s 'terminal' interest rate projections are the chances of rates actually making it that high in the foreseeable future.

Instinet names new U.S. head of sales for CMS business

(Reuters) - Electronic broker Instinet LLC, a unit of Nomura Holdings Inc, named Scott Douglass as U.S. head of sales for its commission management services (CMS) business, based in New York.

Exiger names new managing director for global investigations practice

(Reuters) - Regulatory risk and compliance firm Exiger named Christopher McCavitt as managing director in the firm's global investigations practice.

Nomura bond trader fraud trial ends in split U.S. jury verdict

(Reuters) - A federal jury on Thursday delivered a mixed verdict for three former Nomura Holdings Inc traders accused by the U.S. Department of Justice of lying to customers about the prices of mortgage bonds they bought and sold.

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