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Wednesday, June 27, 2012

Financial news 06/27/2012

AP: Stockton, California close to bankruptcy as settlement deal falls through
Bloomberg: IRS crackdown on foreign account assets yields $5 billion
AOL: Schools face federal aid cut off under "gainful employment" rule
InvestorPlace: Gold demand in Q3 par with Q2 due to dollar & low inflation
CNNMoney: Healthcare reform saved 5.2 mln+ people, $3.7 bln on drugs
Reuters: Dallas Fed Chief says "Operation Twist" cost outweighs benefit
CNBC: Oil prices indicate global economy in financial straits 
NAR: Pending home sales for May up 5.9 percent over April
BI: Island of Jersey reassess ties with UK after tax-haven clampdown
Forbes: Capital flight from Euro-assets marks no-confidence in EU summit
BBC: Japanese legislators approve doubling of sales tax

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