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Friday, December 7, 2012

Financial news: 12/07/2012

• Bloomberg: S.S. & Medicare cuts a possibility in Congress
• Reuters: New law equalizes trade for U.S. firms in Russia
• DOL: Labor force participation rate ↓.2; at 1978 levels
• CNBC: Survey: Average holiday spending ↑ $2 over '11
• Fortune: Higher gas tax boosts demand-side economics
• MN: No easy solution to national debt per Greenspan
• MW: Risk of declining gold over long-term rising per GS
• Fox: Americans' wealth ↑ $1.72 trln; tied to R.E. & stocks
• BBC: Eurozone '13 GDP growth -.9% to .4% per ECB
• AP: Unemployment in Greece ↑ to 26% in September
• NYT: Fate of Greek economy is in hands of hedge funds

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