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Thursday, May 10, 2012

Financial News 05/10/2012

BLS: 367,000 jobless claims were filed the week ending 05/05/2012
CNN Money: CEOs push for extension of Bush tax law, Obama objects
Tax Foundation: Married couples taxed higher under Bush tax cut expiration
Census: March national trade deficit increased to $51.8 billion
CBS: California budget deficit grows as tax revenue falls short by $2.5 billion
BI: California pensions in excess of $100k/yr grow by 25% for indebted state
CNBC: Citigroup economists say economies need more stimulus
UK Guardian: UK central bank decides against stimulus, rates unchanged
AP: Spain capitalizes $5.9 billion of debt for 4th largest bank in restructuring
Reuters: Germany sees economic growth via structural reform not spending
BBC: Chinese exports slowed to 4.9% growth from 8.9% yr over yr

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