The Federal Reserve signals it may ease monetary policy as early as next month. (Reuters)
HSBC China PMI estimates hit a multimonth low at 47.8, down from 49.3 in July. (Reuters)
Hewlett-Packard Co.’s (NYSE: HPQ) loss widens on a write-down of consulting firm EDS. (Reuters)
The FTC approves the Facebook Inc. (NASDAQ: FB) buyout of Instagram. (Reuters)
The Congressional Budget Office says the fiscal cliff could cause a 2013 recession. (Reuters)
The SEC will not vote on money market regulation after the agency’s chief lost key support. (WSJ)
Citigroup Inc. (NYSE: C) asks regulators to reject the Nasdaq OMX Group Inc. (NASDAQ: NDAQ) settlement plans for the Facebook IPO catastrophe. (WSJ)
Deutsche Telekom’s (NYSE: DT) T-Mobile to launch an unlimited data plan. (WSJ)
Key EU officials warn Greece that time has run out for a restructuring plan to get it more aid. (WSJ)
Honda Motor Co. (NYSE: HMC), Ford Motor Co. (NYSE: F) and General Motors (NYSE: GM) will sell new sedans to compete with Toyota Motor Corp.’s (NYSE: TM) Camry. (WSJ)
Wal-Mart Stores Inc. (NYSE: WMT) will begin to offer vaccinations for infectious diseases in addition to influenza and pneumonia as it presses further into individual health. (WSJ)
Qantas cancels $8.5 billion in new jets from Boeing Co. (NYSE: BA). (WSJ)
China increases its rare earth export quota. (WSJ)
Germany appears to favor some concessions in a bailout of Greece. (NYT)
Chinese interests make $8 billion of acquisitions in the United States in 2012. (FT)
Germany’s Federal Statistics Office confirms GDP growth of 0.3% in Q2. (Bloomberg)
LG begins mass producing screens expected to be used for the new Apple (NASDAQ: AAPL) iPhone. (Bloomberg)
Douglas A. McIntyre
Travel Cards Are Getting Too Good To Ignore
Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.
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We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.
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