Near half of average U.S. income is spent on housing and transportation
Image attribution: US-PDGov
• CNBC: Central banks look to politicians to repair world economies
• BofA: 63% of CFOs surveyed say government an economic concern
• CNN Money: Index annuities are capped & provide low ROI
• Daily Finance: Private schools misdirect subsidies to wealthy parents
• BEA: April exports down $1.5 billion, trade deficit down to $50.1 bln
• FRB: Consumer credit rose $6.5 billion to $2.55 trillion in April 2012
• Bloomberg: CPA prefers Roth 401(k) for tax free retirement income
• Examiner: Temp agencies lie to get people in the door per HR manager
• BI: Privatization of infrastructure leads to faster fixes that cost less tax
• CNN Money: Index annuities are capped & provide low ROI
• Daily Finance: Private schools misdirect subsidies to wealthy parents
• BEA: April exports down $1.5 billion, trade deficit down to $50.1 bln
• FRB: Consumer credit rose $6.5 billion to $2.55 trillion in April 2012
• Bloomberg: CPA prefers Roth 401(k) for tax free retirement income
• Examiner: Temp agencies lie to get people in the door per HR manager
• BI: Privatization of infrastructure leads to faster fixes that cost less tax
• AP: Ex-Olympus exec. wins £10 bln whistle-blowing settlement
• MW: Spanish banks facing financing difficulties due to economy
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