Personal Economics
  • Sir Richard Branson listens to a speaker at the Global Commission on Drug Policy in New York, in this file photo taken September 9, 2014.    REUTERS/Shannon Stapleton

    Virgin America soars in market debut

    By Amrutha Gayathri, Reuters

    (Reuters) - Shares of Virgin America Inc, a low-cost airline partly owned by Richard Branson, soared more than 30 percent in their market debut, underscoring the buoyant mood in an industry that is...

  • Author Michael Lewis smiles during an interview at Reuters regarding his book titled "Flash Boys: A Wall Street Revolt," in New York, in this file photo taken April 3, 2014. REUTERS/Lucas Jackson/Files

    Author Michael Lewis prevails in 'Big Short' libel appeal

    By Jonathan Stempel, Reuters

    NEW YORK (Reuters) - The author Michael Lewis did not libel a money manager in his 2010 best-seller "The Big Short," a divided federal appeals court ruled on Friday. By a 2-1 vote, the 2nd U.S...

  • Author Michael Lewis prevails in 'Big Short' libel appeal

    By Jonathan Stempel, Reuters

    NEW YORK (Reuters) - The author Michael Lewis did not libel a money manager in his 2010 best-seller "The Big Short," a divided federal appeals court ruled on Friday. By a 2-1 vote, the 2nd U.S...

  • The Real Cost of Waiting to Save for Retirement

    When you’re young and not making a lot of money, it can be easy to put off saving for retirement, with the thought that you’ll get to it in a few years when you’re in a better position to do so. That...

  • A banner introducing the Shanghai-Hong Kong Stock Connect is displayed in front of a panel showing the closing blue-chip Hang Seng Index at the Hong Kong Stock Exchange in Hong Kong November 10, 2014.  REUTERS/Bobby Yip

    China gives tax breaks on Hong Kong-Shanghai stock link

    By Pete Sweeney and Michelle Price, Reuters

    SHANGHAI/HONG KONG (Reuters) - China will temporarily exempt taxes on profits made from a landmark scheme linking the Shanghai and Hong Kong stock exchanges, the finance ministry said on Friday,...