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YOUR MONEY: Retirement reform wants more of your tax dollars now
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Saving for retirement is such a lofty goal that the U.S. government has always been willing to give tax incentives to encourage people to do more of it.

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S&P raises Indonesia's rating to 'BBB' on strong economic prospects
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Ratings agency S&P said on Friday it had raised Indonesia’s sovereign credit rating to ‘BBB’, citing the country’s strong economic growth prospects and supportive policy dynamics.

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Proactive checks on crypto risks needed, global watchdog FSB says
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Regulators need to step up risk assessments of the cryptocurrency sector as current rules are patchy, and quick technological change may lead to gaps in policies on digital money, the global financial stability watchdog said.

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U.S.-based equity funds post $22 billion outflows amid trade tensions
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Investors rattled by U.S.-China trade tensions pulled roughly $22 billion from U.S.-based equity funds in the week ended May 29, according to data released by Refinitiv’s Lipper research service on…

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Inflatable angry emoji looms over Facebook annual meeting as users vent frustrations
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Protesters carrying an inflatable angry emoji greeted Facebook Inc shareholders as they gathered for the company’s annual meeting on Thursday, the latest sign of its struggle to shake off privacy scandals and rein in fake news and hate speech.

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Australia's AMP hit with class-action lawsuit from pension account holders
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Australian wealth manager AMP Ltd said on Thursday it would defend itself against a new class-action lawsuit filed on behalf of pension fund account holders and claiming overcharging of fees.

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Investors wade back in to U.S. stocks as trade concerns mount
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Investors jumped back in to the U.S. stock market for the first time since mid-April by sending roughly $3.7 billion into mutual funds and exchange-traded funds that hold domestic equities last week,…

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U.S. money market assets rise five straight weeks: iMoneyNet
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U.S. money market fund assets rose for a fifth consecutive week, bringing its total to more than a nine-year high as investors pour cash into low-risk funds on concerns about escalating U.S.-China…

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