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Tuesday, May 15, 2012

Reuters Money: Exclusive: Over 55 and jobless, Americans face tough hunt

Reuters » Money 2012
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05/15/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Exclusive: Over 55 and jobless, Americans face tough hunt
WASHINGTON (Reuters) - Jean Coyle, 67, has a new kind of ministry.
Analysis: Sharks circle McClendon's Chesapeake
HOUSTON/NEW YORK (Reuters) - Chesapeake Energy Corp's increasing shift from bank loans to costly funding is raising fresh questions about how long the spigot of cash will remain open and whether the company can sell enough assets quickly enough to pay for day-to-day operations.
JPMorgan's Dimon to face calls to split top roles
(Reuters) - Jamie Dimon faces growing calls to give up the chairmanship of JPMorgan Chase & Co when shareholders of the bank convene on Tuesday, days after it revealed losses of billions of dollars in trades that were supposed to protect it from risk.
JP Morgan, TBTF and ZIRP: James Saft
(Reuters) - JP Morgan Chase's loss is the perhaps inevitable result of the interaction of two policies: too big to fail and zero interest rates.
Mine, yours, ours: Owning a priority but sharing finds niche
NEW YORK (Reuters) - Millions of families displaced after the housing market imploded haven't totally shattered the American dream -- owning a home remains a priority for the majority of adults, according to a new consumer survey.
Professional tricks to lower property tax assessment
CHICAGO (Reuters) - One of the best investments I made in my home this year was to hire somebody to prove that its value had fallen.
As U.S. commuter marriages soar, so do costs
CHICAGO (Reuters) - When Maria Echevarria was considering a job offer as a publicist in midtown Manhattan - more than 900 miles away from her family home in Orlando, Florida - she knew it would be a hard sell to her spouse.
Ally aims to end mortgage woes with ResCap filing
(Reuters) - Ally Financial Inc's mortgage unit filed for bankruptcy protection on Monday, and the former in-house financing arm for General Motors Co also said it will sell some international operations to help set it on a path to repaying $12 billion in U.S. government bailout money.
Tepper's Appaloosa back into big banks, tech in first quarter
(Reuters) - Famed hedge fund manager David Tepper piled into leading technology, financial and airline stocks in the first quarter.
Fewer women in top U.S. tech jobs since 2010: survey
NEW YORK (Reuters) - The number of women in senior technology positions at U.S. companies is down for the second year in a row, according to a survey published on Monday.
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