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Monday, October 15, 2012

Financial news: 10/15/2012

• Reuters: Retail credit card swipe fees still disputed by merchants
• CNBC: Corporations warn Q4, 2012 earnings to lower
• BI: Central Bank policy has increased moral hazard since 1987
• CNN: Annuities restrict capital access & lose value to inflation
• AP: U.S. annual budget deficit over $1 trillion for fourth year
• Bloomberg: Impacts of "Fiscal Cliff" reiterated by finance chiefs
• Zero Hedge: U.S. socio-economic mobility has declined for 30 yrs
• NYT: Developed world's debt contributing to slow growth
• Money News: Yale economist reiterates caution over R.E. market
• BBC: Singapore's economy contracted 1.5% in Q3, 2012

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