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Thursday, October 25, 2012

Financial news: 10/25/2012

Money News: Moody's warns of U.S. city & town downgrades
FRB: Rise in inflation & slower business investment announced by Fed
Dept. of Commerce: September 2012 new home sales below 1982 level
CNN Money: Financial hardship in U.S. reaches 30 million people
BI: Education yields .82 cents for each man dollar per AAUW
DOL: Jobless claims 10/20 ↓23K to 369K; average 368K up 1,500
Bloomberg: S&P 500 reached a 7-wk low on lower corporate earnings
CNBC: Commercial leaders worried about more tax & less spending
NYT: U.S. government suing BoFa $1 bln for defrauding 
BBC: Information leak led to 2 yrs in jail for former GS board member
AP: France bailing out auto industry to prevent rise in unemployment
Reuters: Lenders giving Greece more time to implement more austerity

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