Union Investment Halts Redemptions From Bond Fund (Update2) By David Clarke Aug. 3 (Bloomberg) -- Union Investment Asset Management Holding AG, Germany's third-largest mutual fund manager, halted redemptions from a fund holding subprime mortgages after clients withdrew 100 million euros ($137 million) in the past month. The Frankfurt-based company also closed the 950 million-euro ABS

U.S. data show one in eight Americans in poverty By Joanne Morrison 1 WASHINGTON (Reuters) - In the world's biggest economy one in eight Americans and almost one in four blacks lived in poverty last year, the U.S. Census Bureau said on Tuesday, releasing a figure virtually unchanged from 2004. The survey also showed 15.9 percent of the population, or 46.6 million, had no health insurance