Monthly Archives: September 2011

U.S. incomes fall for first time in nearly 2 years

Written on September 30, 2011 by Editor - Finance Top Stories

Unidentified shoppers unload their shopping cart at a Pembroke Pines, Fla. Costco store Thursday, Sept. 29, 2011. The Commerce Department said Friday, Sept. 30, 2011 that consumer spending rose 0.2 percent in August after a revised 0.7 percent increase in … Continue reading →

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SEC Finds Failures at Credit Raters

Written on September 30, 2011 by Editor - Finance Top Stories

SymbolPriceChangeMCO30.79-0.16MHP41.57-0.74{“s” : “mco,mhp”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} WASHINGTON (Reuters) – Securities and Exchange Commission staff found “apparent failures” at each of the 10 credit rating agencies they examined, including Standard Poor’s, Moody’s, and Fitch, theRead More from the … Continue reading →

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Stocks drop as investors prepare for quarter end (AP)

Written on September 30, 2011 by Editor - Stock Markets News

LONDON – Stocks fell on Friday as optimism over Germany’s approval for a beefed-up European rescue fund faded and investors closed trades ahead of the end of the fiscal quarter, which has seen the biggest losses since 2008, when the … Continue reading →

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SGX, LSE tying up for London Metal Exchange bid: source (Reuters)

Written on September 30, 2011 by Editor - Stock Markets News

HONG KONG (Reuters) – The Singapore Exchange Ltd (SGXL.SI) is tying up with London’s main bourse to make a joint bid for the London Metal Exchange, a source told Reuters on Friday, as the world’s largest metal market seeks a … Continue reading →

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Global slowdown worries send Wall Street lower (Reuters)

Written on September 30, 2011 by Editor - Stock Markets News

NEW YORK (Reuters) – Stocks fell on Friday, putting equities on track for their worst quarter since 2008, as economic data from China and Europe fueled fears of a global economic slowdown. The SP 500 index has lost nearly than … Continue reading →

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SEC finds failures at credit raters (Reuters)

Written on September 30, 2011 by Editor - Stock Markets News

WASHINGTON (Reuters) – Securities and Exchange Commission staff found “apparent failures” at each of the 10 credit rating agencies they examined, including Standard Poor’s, Moody’s, and Fitch, the agency said on Friday in its first annual report on credit raters. … Continue reading →

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Stocks ending gloomy 3rd quarter on a weak note (AP)

Written on September 30, 2011 by Editor - Stock Markets News

Stocks fell Friday, putting the market on track to end its worst quarter since the peak of the financial crisis. The Dow Jones industrial average is down 74 points, or 0.7 percent, at 11,080 at 12:45 p.m. Eastern time. The … Continue reading →

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States Embracing Medicaid Managed Care

Written on September 30, 2011 by Editor - Health News

Washington – A nationwide survey of Medicaid managed care programs found that access to care under the plans is a perceived problem but that many states use managed care as a vehicle to coordinate care. Managed care includes Medicaid primary … Continue reading →

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House seeks to cut certain education funding (Reuters)

Written on September 30, 2011 by Editor - Education News

(Reuters) – The House of Representatives has proposed a cut in certain federal student aid funding in fiscal 2012, potentially hurting for-profit colleges. The House has sought significant cuts in the Pell Grant funding — federal aid to mainly low-income … Continue reading →

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Va. mosque has mixed reaction to al-Awlaki’s death (AP)

Written on September 30, 2011 by Editor - Religion News

FALLS CHURCH, Va. – Worshippers at the northern Virginia mosque where Anwar al-Awlaki once served as imam have mixed reactions to news that he was killed in an air strike by U.S. forces. After his time at the Dar al-Hijrah … Continue reading →

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