Investing

Media Digest (8/22/2012) Reuters, WSJ, NYT, FT, Bloomberg

Dell Inc.’s (NASDAQ: DELL) quarterly numbers leave investors worried. (Reuters)

The head of the eurozone goes to Greece to evaluate its finances. (Reuters)

Apple Inc. (NASDAQ: AAPL) and Samsung make final statements at an IP trial before the case goes to the jury. (Reuters)

Barry Diller’s IAC/InterActiveCorp (NASDAQ: IACI) makes a bid for The New York Times Co.’s (NYSE: NYT) About.com unit. (Reuters)

Carl Icahn says he will not buy the balance of CVR Energy Inc. (NYSE: CVI). (Reuters)

The Federal Housing Finance Agency will set rules to help “short sales” of homes. (WSJ)

The FCC says 6% of Americans, mostly in rural areas, do not have broadband access. (WSJ)

Some of China’s largest cities announce stimulus spending. (WSJ)

Another expert warns about a St. Jude Medical Inc. (NYSE: STJ) defibrillator that has caused patient problems in the past. (NYT)

The Fed investigates Royal Bank of Scotland Group PLC (NYSE: RBS) for ties to Iran. (FT)

Germany signals that it may be more liberal about terms for a Greek bailout. (Bloomberg)

Nokia Corp.’s (NYSE: NOK) sales of $39 handsets help it keep an important revenue stream. (Bloomberg)

Douglas A. McIntyre

The Average American Is Losing Their Savings Every Day (Sponsor)

If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4% today, and inflation is much higher. Checking accounts are even worse.

Every day you don’t move to a high-yield savings account that beats inflation, you lose more and more value.

But there is good news. To win qualified customers, some accounts are paying 9-10x this national average. That’s an incredible way to keep your money safe, and get paid at the same time. Our top pick for high yield savings accounts includes other one time cash bonuses, and is FDIC insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes and your money could be working for you.

 

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