Friday, January 6, 2012

Yahoo! News: Health News

Yahoo! News: Health News

Wall Street slips despite strong payrolls (Reuters)

Posted: 06 Jan 2012 09:25 AM PST

Traders work on the floor of the New York Stock Exchange January 5, 2012. REUTERS/Brendan McDermidReuters - Stocks edged lower on Friday as investors were pulled in a tug-of-war between strong domestic data and continued concerns about Europe's debt crisis.

Employment growth picks up pace (Reuters)

Posted: 06 Jan 2012 08:58 AM PST

Reuters - Employment growth accelerated last month and the jobless rate dropped to a near three-year low of 8.5 percent, offering the strongest evidence yet the economic recovery was gaining steam.

Fed officials push more stimulus for housing (Reuters)

Posted: 06 Jan 2012 09:00 AM PST

Reuters - Two top Federal Reserve officials on Friday pushed the case for more stimulus from the U.S. central bank to help the economic recovery, each zeroing in on the country's weak housing market.

Analysis: Amid U.S. jobs gains, worries persist over Europe (Reuters)

Posted: 06 Jan 2012 10:04 AM PST

Reuters - Friday's stronger-than-expected December U.S. jobs growth figures drew a sharp contrast with European numbers, but staffing executives who track labor demand on both sides of the Atlantic caution Europe's impact on jobs in the United States may yet prove deeper than it has so far.

CME faces regulatory probe on MF Global: report (Reuters)

Posted: 06 Jan 2012 10:06 AM PST

Reuters - CME Group Inc is under investigation for its handling of MF Global before the broker's collapse last October, the New York Times said.

Japan PM weighs cabinet reshuffle: Nikkei (Reuters)

Posted: 06 Jan 2012 10:06 AM PST

Reuters - Japanese Prime Minister Yoshihiko Noda is planning to revamp his cabinet as early as this month to remove two censured ministers whose presence blocks a budget deal with a key opposition party, the Nikkei business daily reported.

Instant view: Payroll jobs up, jobless rate fall (Reuters)

Posted: 06 Jan 2012 06:01 AM PST

Reuters - Employment grew solidly last month and the jobless rate dropped to a near three-year low of 8.5 percent, offering the strongest evidence yet of an acceleration in economic activity.

Earnings schedule for week of 1/9/2012 (AP)

Posted: 06 Jan 2012 09:39 AM PST

AP - Major companies tentatively scheduled to report quarterly earnings next week:

Fitch downgrades Hungary to junk status (AP)

Posted: 06 Jan 2012 08:51 AM PST

Hungarian Prime Minister Viktor Orban briefs the media after he met with the President of the Hungarian National Bank, the central bank, Andras Simor,, in Orban's office in the Parliament building in Budapest, Hungary, Friday, Jan. 6, 2012. After the meeting Orban said he agreed with Simor on the closest possible cooperation between the government and the central bank to strengthen the confidence in the Hungarian currency forint the rate of which had reached record depth against major international currencies recently due to uncertainties about Hungary's eventual credit agreement with IMF. (AP Photo/MTI, Tamas Kovacs)AP - Fitch downgraded Hungary's credit rating to junk status on Friday, citing a standoff between the government and international lenders like the IMF and the European Union over possible rescue loans.

Md. AG announces mortgage rate settlement (AP)

Posted: 05 Jan 2012 10:23 AM PST

AP - Maryland Attorney General Doug Gansler has announced an agreement with Wells Fargo relating to allegedly deceptive marketing of adjustable rate mortgages written by companies it acquired in 2008.

Summary Box: EU criticizes Belgian budget (AP)

Posted: 06 Jan 2012 07:57 AM PST

AP - UNDER ATTACK: Belgium's finance minister reacted to criticism from the European Commission that the country's 2012 budget is too optimistic, saying the government was determined to meet its fiscal targets.

ECB's Orphanides wants banks off Greece bailout hook (Reuters)

Posted: 06 Jan 2012 07:30 AM PST

Reuters - European Central Bank policymaker Athanasios Orphanides called for euro zone leaders to abandon plans to make private sector investors help reduce Greece's debts, but his push showed no sign of gaining any traction in Europe's capitals on Friday.

Gingrich discusses releasing Freddie Mac contracts (AP)

Posted: 06 Jan 2012 10:03 AM PST

AP - Newt Gingrich says he's "perfectly happy" to make public his contracts with mortgage giant Freddie Mac, but the decision is not his to make.

Summary Box: Asian countries want Iranian oil (AP)

Posted: 06 Jan 2012 08:48 AM PST

AP - SKIP THE SANCTIONS: China, the biggest buyer of Iran's oil, has publicly rejected U.S. sanctions aimed at Tehran's energy industry while American allies Japan and South Korea are scrambling to find a compromise to keep critical supplies flowing.

IRS says audit rates have grown for the wealthy (AP)

Posted: 06 Jan 2012 12:56 AM PST

AP - If you earn less than $200,000 a year, there's a strong chance you don't have to worry about an Internal Revenue Service audit. But if you make more than $1 million annually, the odds have been rising that you'll be hearing from the tax man.

Chamber aims to boost Michigan's auto industry (AP)

Posted: 06 Jan 2012 08:21 AM PST

AP - The Detroit Regional Chamber is taking new steps to help the automotive industry better compete on a national and global level.
Posted by Harshad at 10:26 AM

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