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Thursday, May 24, 2012

Financial News 05/24/2012

• CNN Money: Over 30% of mortgagees owe more than home is worth
• MW: Company retirement plans have an early withdrawal exemption
• Fox:  CFPB investigating prepaid debit disclosure of fees
• CNBC: Effects of Euro-crisis influencing U.S. stock market
• BLS: 370,000 jobless claims were filed the week ending 05/19/212
• AP: Food stamp fraud practiced via replacement cards
• Census: April durable manufactured goods orders up .2% or $.3 bln
• BBC: European businesses approach lowest activity in 3 yrs
• Reuters: Chinese May factory activity at a 3-month low
• Bloomberg: Japanese firms buying gas fields after reactors go offline

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