Investing

Media Digest 5/27/2008 Reuters, WSJ, NYTimes, FT, Barron's

According to Reuters, small business sentivment is still shaky.

Reuters writes that InBav may start Anheuher-Busch (BUD) takeover talks this week.

Reuters writes that Asian central banks are propping up their currencies.

Reuters writes that the CEO of HSBC (HBC) is calling for higher interest rates to fight inflation.

Reuters writest that companies with board members connected to a winning US political party do well after an election.

The Wall Street Journal writes that LG is looking at the GE (GE) appliance business.

The Wall Street Journal writes that home sales are improving in some markets where foreclosures have deeply depressed housing prices.

The Wall Street Journal reports that high prices are improving earnings at fertilizer companies.

The Wall Street Journal writes that the CEO of Vodafone (VOD) will step down after five years.

The Wall Street Journal writes that movie producers are taking less risk by not making their own movies. They also get less reward.

The Wall Street Journal writes that 402 companies had trouble with auction rate securities in the first quarter.

The Wall Street Journal writes that China’s nearly $75 billion national social-security fund will begin making private equity investments.

The Wall Street Journal writes that a big battle in graphics chps is beginning with Nvidia (NVDA), AMD (AMD), and Intel (INTC) at the heart of the competition.

The New York Times writes that the auto industry is feeling the pain of tight credit.

The New York Times reports that high fuel prices are doing severe damage to the trucking industry

The New York Times writes that small businesses are still selling but at a deep discount.

The FT writes that Greenspan says the US is still likely to have a recession.

The FT reports that BCE (BCE) will be allowed to block a ruling which blocked its LBO plans

The FT reports that Web 2.0 firms are not making any money.

Douglas A. McIntyre

Are You Still Paying With a Debit Card?

The average American spends $17,274 on debit cards a year, and it’s a HUGE mistake. First, debit cards don’t have the same fraud protections as credit cards. Once your money is gone, it’s gone. But more importantly you can actually get something back from this spending every time you swipe.

Issuers are handing out wild bonuses right now. With some you can earn up to 5% back on every purchase. That’s like getting a 5% discount on everything you buy!

Our top pick is kind of hard to imagine. Not only does it pay up to 5% back, it also includes a $200 cash back reward in the first six months, a 0% intro APR, and…. $0 annual fee. It’s quite literally free money for any one that uses a card regularly. Click here to learn more!

 

Flywheel Publishing has partnered with CardRatings to provide coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.