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Tuesday, February 5, 2013

Financial news: 02/05/2013

CNN Money: Americans lose 4% of their income to gas costs
WP: Possibility of federal public WiFi disappoints telecom firms
CNBC: Fed. policy is losing time as investor risk ↑ & ROA ↓
MN: Bank earnings are crippled by monetary policy per analyst
BBC: U.S. DoJ to sue S&P for faulty '07 MBS ratings
AP: Monday DJIA selling reached .9%, it's worst day of '13
Commerce Dept.: December factory orders ↑$8.6 bln. or 1.8% 
Bloomberg: Judge rules Texas-school financing unconstitutional
Zero Hedge: U.S. debt/GDP to reach 105% by 03/31 per Treasury
BI: Fast food inheritance has created 30-yr old female billionaire
Huff Post: Canadian penny goes the way of CDN $1& $2 bills
NYT: U.K.'s exchequer advocates bank splitting regulation

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