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Greek lawmakers rush to clear promised austerity (AP)
AP - Greece scrambled Wednesday to push through a batch of emergency laws that will further cut incomes and state spending, a day after securing a new bailout and debt relief deal designed to stave off bankruptcy.
Publ.Date : Wed, 22 Feb 2012 16:39:56 GMT

Obama seeks corporate tax rate cut, loophole limit (AP)

AP - President Barack Obama rolled out a corporate tax overhaul plan Wednesday that lowers rates but also eliminates loopholes and subsidies cherished by the business world. A long-shot for action in an election year, the plan nevertheless stamps Obama's imprint on one of the most high-profile issues of the presidential campaign.

Publ.Date : Wed, 22 Feb 2012 23:01:55 GMT

Take Two: Can a Second Bailout Save Greece? (Time.com)
Time.com - After months of delays, arguments and doubts, euro zone finance ministers agreed on a second, $170 billion bailout of beleaguered Greece in the early hours of Tuesday morning
Publ.Date : Wed, 22 Feb 2012 20:15:00 GMT

U.S. consumer agency to examine bank overdraft fees (Reuters)
Reuters - The new U.S. Consumer Financial Protection Bureau is weighing a crackdown on checking account overdraft fees charged by banks, saying the charges can "inflict serious economic harm" on consumers.
Publ.Date : Wed, 22 Feb 2012 05:30:31 GMT

G20 hopes for progress on EU debt crisis: Carstens (Reuters)
Reuters - Group of 20 policymakers are hoping for a signal this weekend that Europe will boost crisis funding, smoothing the way for a deal to increase International Monetary Fund resources, the head of Mexico's central bank said on Wednesday.
Publ.Date : Wed, 22 Feb 2012 22:39:06 GMT

Banks sink on European economic worry (Reuters)

Reuters - Banks led stocks lower on Wednesday as the S&P 500 stalled near a 10-month-high after signs of weak European business activity rekindled concerns about a recession overseas.

Publ.Date : Wed, 22 Feb 2012 21:45:52 GMT

Some money from mortgage settlement to be diverted (AP)
AP - The ink wasn't even dry on a settlement with the nation's top mortgage lenders when Missouri Gov. Jay Nixon laid claim to a chunk of the money to avert a huge budget cut for public colleges and universities.
Publ.Date : Wed, 22 Feb 2012 22:47:22 GMT

Home resales at 1-1/2 year-high, supply falls (Reuters)

Reuters - Home resales rose to a 1-1/2-year high in January, pushing the supply of properties on the market to the lowest level in almost seven years in a hopeful sign for the housing sector.

Publ.Date : Wed, 22 Feb 2012 21:27:00 GMT

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