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Monday, January 14, 2013

Financial news: 01/14/2013

Fox: Debt ceiling spurs calls for executive unilateralism
OQ: Tax system failing; market participants like "lemmings"
CNN: Financial sector to boost Q4 S&P 500 earnings 2.2%
CNBC: Number of pawn shops up by 56.5% since 20'07
Reuters: Consumer spending declining after payroll tax
BI: Low ad revenue leading Time, Inc. to layoff 700 of 8,000
Commerce Dept: Trade deficit up $6.6bln on lower exports
Money News: Federal budget deficit to top $1 trln despite taxes
Bloomberg: Third U.K. recession possible after industry data
NYT: China's inflation double official rate per economists
ZH: China's low consumer spending linked to no pension system
BBC: Japan government approves $116 bln in stimulus

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