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Thursday, September 13, 2012

Financial news: 09/13/2012

Dept. of Commerce: Median U.S. income declined 1.5% in 2011
Fox: Professional stock traders frequently suffer economic myopia
DOL: Jobless claims 09/08 382K up 13K; average 375K up 3.25K
DOL: Import prices up .7% a month after imports down $1.8 bln 
ZH: Inflationary opportunity cost spurs $30 bln PIMCO bond sale
Reuters: Oil prices up after German court favors monetary liquidity 
NYT: Driving less, not better mileage, increases cost benefits more
CNBC: Dodd-Frank Act too expensive and bad for small banks
CNN: Near 8.2% of American households don't have bank accounts
AOL: R.E. recovery to stall on higher tax, interest rates & less buyers
BBC: Economic benefits of being Spanish dwindle for Catalonians
BI: Chinese economy downgraded on lack of policy response 

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