Reuters: Obama will focus on jobs and the deficit.
Reuters: Toyota (NYSE:TM) will suspend manufacturing of eight models.
Reuters: Geithner and the NY Fed defended their actions in AIG (AIG) bailout.
Reuters: China will put no curbs on Google’s (GOOG) mobile technology.
Reuters: Oracle (ORCL) plans to hire 2,000 workers after the finish of its Sun buyout.
Reuters: The NY Fed supported AIG secrecy to preserve the value of its assets.
WSJ: Book publishers are negotiating with Apple (AAPL) to be part of the content for its new tablet computer.
WSJ: Banks are setting up stronger rules to get back pay from executives whose bets blow up later.
WSJ: GM closed a deal to sell Saab.
WSJ: Yahoo! (YHOO) showed a profit.
WSJ: Over half the Senate backs Bernanke.
WSJ: Verizon (NYSE:VZ) will fire 13,000 people.
WSJ: The US deficit will reach $1.35 trillion this year.
WSJ: Valero (VAL) profits dropped as refinery margins fell.
WSJ: Ellison, the head of Oracle, will set new plans to develop high-end computer systems.
WSJ: Ebay (EBAY) is setting new fees to bring in additional sellers.
WSJ: The head of Borders Group (BGP) left to join A&P.
WSJ: Berkshire Hathaway (NYSE:BRK) joined the S&P 500.
WSJ: The iPhone has become core to Apple’s (AAPL) revenue.
NYT: Some struggling banks have the industry’s most favorable compensation.
NYT: The British central bank favors splitting big banks
NYT: Obama plans his own commission on national debt.
NYT: Japan exports rose for the first time since the recession began.
NYT: The IRS is moving against some tax shelters.
FT: Greece is inviting China to buy its bonds.
FT: US government agencies called for more shared efforts against cyberattacks.
Bloomberg: The Fed may gamble that ceasing its buying of mortgage debt may not hurt housing.
Bloomberg: CDs for sovereign debt are more actively traded.
Douglas A. McIntyre
The Average American Is Losing Momentum On 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%1 today. Checking accounts are even worse.
But there is good news. To win qualified customers, some accounts are paying more than 7x the national average. That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn a $200 bonus and up to 7X the national average with qualifying deposits. Terms apply. Member, FDIC.
Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.
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.