Financial news on July 11, 2009
Business and Financial news
In South Carolina, budget cuts are threatening to erode major improvements in the state’s juvenile justice system. Read more..
Waiting until full retirement age or even later to collect benefits can result in a larger check — but sometimes collecting early makes more sense. Read more..
Shares pulled back as traders decided to sell amid the uncertainty about coming earnings reports. Read more..
G.M. said it was forging a new partnership with eBay to sell new cars. But the auction site said that no deal had been reached. Read more..
A former Morgan Stanley broker, Darin DeMizio, was sentenced to 38 months for his part in a stock loan scheme that generated $1.7 million in kickbacks to his family. Read more..
Traders seemed to focus on speculation the worldwide recession and rising unemployment would keep stifling demand. Read more..
Looking at what consumers can do to avoid being bitten twice — first by the vermin and then by a venal exterminator. Read more..
The State Street Corporation paid $60 million to repurchase warrants held by the Treasury, becoming the first major financial firm to leave the government’s $700 billion rescue program. State Street, the world’s largest money manager for instituti... Read more..
The bank has refused to hand over the names of 52,000 American clients suspected of offshore tax evasion, saying doing so would violate Swiss law. Read more..
Oil, gold and rice are the commodities that often grab headlines. But for countries like China and Australia, it is the price of iron ore that can determine whether economies go boom or bust. Read more..