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Thursday, July 19, 2012

Financial news 07/19/2012

Bloomberg: Senate mulling job repatriation tax credit for companies
AOL: Capital One to pay out $210 million for misleading customers
CNBC: "Fiscal cliff" must be avoided per two ex-Treasury secretaries
CNNMoney: Payday loans cost an average of $520 in fees per year
DOL: Jobless claims wk ending 07/14, 386K; average 375.5K
Telegraph: PayPal payments helped eBay increase yr/yr revenue 23%
NAHB: June housing starts rose 6.9%, or 49K to 760K
MW: Wealth to lose massive amount of value via coming inflation
FRB: U.S. economic growth "modest to moderate" per Beige Book
AP: New home construction in June surpassed 4-yr low
NYT: Deflation possible in Eurozone if bond buying not implemented
Reuters: Spanish bank profits to be impacted by toxic asset write offs

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