Investing

Media Digest (9/7/2012) Reuters, WSJ, NY Times, FT

Poor jobless figures may force the Fed to adopt QE3. (Reuters)

BP PLC (NYSE: BP) tries to blame workers on the Deepwater Horizon for the accident that caused a huge oil spill. (Reuters)

Amazon.com Inc. (NASDAQ: AMZN) launches a family of tablets to challenge Apple Inc. (NASDAQ: AAPL). (Reuters)

Glencore’s $34 billion bid for miner Xstrata likely will be blocked by shareholders. (Reuters)

HTC may add more Microsoft Corp. (NASDAQ: MSFT) Windows-powered phones to its lineup. (Reuters)

Apple will not use Audience Inc. (NASDAQ: ADNC) chips in the new iPhone. (Reuters)

News Corp. (NASDAQ: NWSA) offers $2 billion for pay TV company Consolidated Media Holdings. (Reuters)

Apple cuts memory chip orders from Samsung for the iPhone. (Korea Economic Daily)

Morgan Stanley (NYSE: MS) and Goldman Sachs (NYSE: GS) aggressively sell bonds to customers as a way to bring down interest rates. (WSJ)

A judge approves a settlement over e-book monopoly price practices by Simon & Schuster and HarperCollins. (WSJ)

Microsoft will add thousands of new workers in China as it attempts to ramp up sales there. (WSJ)

Strikes by cabin crews cause Lufthansa to cancel flights. (WSJ)

Ford Motor Co. (NYSE: F) launches a number of new cars in Europe, but will try to cut losses there. (WSJ)

Some in Germany say the limitless ECB bond buying could ruin the euro. (NYT)

Nomura will cut $1 billion in expenses in Europe. (NYT)

China will invest nearly $150 billion in new infrastructure. (FT)

The Senate will investigate J.P. Morgan Chase & Co. (NYSE: JPM) trading losses at its London office. (FT)

EMarketer reports that Twitter will bring in more revenue from mobile ads than Facebook will this year. (FT)

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.