Archive for August 14th, 2012:

Retail sales jump in July, wholesale prices rise modestly

Date: Aug 14 2012
Despite drought-driven surge in corn prices in July, wholesale prices rise modest 0.3%; retail sales surge 0.8%. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/LT-rBmYwa6Y/1 Read More »

Chinese companies pull out of U.S. stock markets

Date: Aug 14 2012
Withdrawals follow accusations of improper accounting by companies and deadlock between Beijing and Washington. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/0FPLYHOPqHY/1 Read More »

Europe on the edge of recession, despite growth in Germany

Date: Aug 14 2012
The economies of both the eurozone and the EU shrank at a quarterly rate of 0.2% in the second quarter. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/zuogAeRPxjQ/1 Read More »

Sears: Unlocking Value or Self-Destructing? (SHLD)

Date: Aug 14 2012
Filed under: RetailAccording to a report in today's New York Post, Sears Holdings Corp. (NASDAQ: SHLD) "has met with investors about selling the Lands' End brand, which accounts for as much as half the company's profits." The company, and its ...Read More »

Wells Fargo Pays $6.5M To Settle SEC Charge Over Complex Mortgage Investment Sales

Date: Aug 14 2012
Filed under: Banking, GovernmentWells Fargo & Co. (NYSE: WFC) may have taken the title for the safest of the big money center banks away from J.P. Morgan Chase & Co. (NYSE: JPM), but the bank is not immune from charges ...Read More »

Homes Less Affordable in Second Quarter

Date: Aug 14 2012
Filed under: Economy, Real EstateRising home prices in U.S. metropolitan areas pushed down the second-quarter affordability index, according to the latest data from the National Association of Home Builders (NAHB)/Wells Fargo housing opportunity index. Some 73.8% of new and existing ...Read More »

Fernanda Romero stars in SOLD, The Most Striking Story That Will Touch Your Heart

Date: Aug 14 2012
1888PressRelease - Fernanda Romero, the youth icon in popular Hollywood movies like The Eye, RPM Miami, and Drag Me to Hell, stars in the movie SOLD. The film is a contestant in the Ridley Scott Competition, hoping to win the ...Read More »

Some universities require students to use e-textbooks

Date: Aug 14 2012
While several colleges across the country are pushing electronic textbooks, some students are reluctant. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/cEeR_3L5L8o/1 Read More »

Study: 78 money market funds were at risk of breaking buck

Date: Aug 14 2012
A study by the Boston Federal Reserve Bank says that 78 money market mutual funds had to seek help to keep share prices above a dollar. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/xSSMkFLZJvM/1 Read More »

U.S. to buy $170M in meat, fish to help farms hit by drought

Date: Aug 14 2012
President Obama turned up the pressure on Congress to pass a new farm bill during a campaign stop in Iowa. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/jMhxCEgRUxA/1 Read More »