China will lean on consumer spending to expand its economy. (Reuters)
Facebook Inc. (NASDAQ: FB) faces more lawsuits over its initial public offering. (Reuters)
The White House says it believes people should be able to unlock their cell phone for use on more than one network. (Reuters)
Pew reports that debt among young people has dropped to a multiyear low. (WSJ)
The Chinese government drops annual GDP growth goals to 7.5%. (WSJ)
Citigroup Inc.’s (NYSE: C) new CEO, Michael Corbat, is more likely to track the performance of individual senior executives. (WSJ)
Fannie Mae and Freddie Mac will combine some operations. (WSJ)
A senior General Motors Co. (NYSE: GM) executive says the company will keep its Opel operations in Europe. (WSJ)
The CEO of H.J. Heinz Co. (NYSE: HNZ) could make $200 million if he leaves the company after a buyout. (WSJ)
Theft of oil from Nigerian pipelines starts to sharply cut production. (WSJ)
Royal Dutch Shell PLC (NYSE: RDS-A) will build LNG plants in Louisiana and Canada. (WSJ)
The chief of Boeing Co. (NYSE: BA) says the return to service of the 787 will depend on how fast the FAA approves a potential fix. (WSJ)
Bond yields on Spanish and Italian debt narrow because of stability in Spain and instability in Italy. (WSJ)
Facebook creates an ad system that could take business from Google Inc. (NASDAQ: GOOG). (WSJ)
Congress accuses key J.P. Morgan Chase & Co. (NYSE: JPM) executives of roles in the bank’s $6 billion loss. (NYT)
Hess Corp. (NYSE: HES) will sell its gas stations as investors pressure it to restructure the company. (NYT)
Apple Inc.’s (NASDAQ: AAPL) shares reach a 52-week low as Google’s reach an all-time high. (FT)
Boeing defends its decision to keep the battery used in its 787 Dreamliner. (FT)
European Union finance ministers may ease budget restraints to cure the fallout from austerity. (Bloomberg)
Pearson PLC (NYSE: PSO) executives tell the Financial Times that a number of positions will be cut. (Bloomberg)
Take Charge of Your Retirement In Just A Few Minutes (Sponsor)
Retirement planning doesn’t have to feel overwhelming. The key is finding expert guidance—and SmartAsset’s simple quiz makes it easier than ever for you to connect with a vetted financial advisor.
Here’s how it works:
- Answer a Few Simple Questions. Tell us a bit about your goals and preferences—it only takes a few minutes!
- Get Matched with Vetted Advisors Our smart tool matches you with up to three pre-screened, vetted advisors who serve your area and are held to a fiduciary standard to act in your best interests. Click here to begin
- Choose Your Fit Review their profiles, schedule an introductory call (or meet in person), and select the advisor who feel is right for you.
Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
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.