Google Alert - finance

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JP Morgan bankers to share $10bn bonus pot after profits leap The Guardian JP Morgan's investment bankers are to receive an average payout of $369651 (£233000) after the bank set aside almost $10bn to cover basic pay and bonuses. The figures were released after JPMorgan Chase kicked off the US banking reporting season by ... See all stories on this topic » The Guardian

US retail sales rise modestly, inflation tame Reuters By Mark Felsenthal WASHINGTON, Jan 14 (Reuters) - Sales at US retailers rose slightly less than expected in December, while underlying inflation remained tame, suggesting the recovery was strengthening modestly with little price pressure building. ... See all stories on this topic »

DealBook: Groupon prepares to go public, value at least $15B Bizjournals.com Financial news service DealBook is reporting that social buying site Groupon Inc. is pushing forward with its plan to take the company public, at an estimated value of $15 billion or more. Just a little more than one month after Groupon rejected a $6 ... See all stories on this topic »

Consumer Prices in US Rose 0.5% in December; Core Up 0.1% Bloomberg By Shobhana Chandra - Fri Jan 14 13:56:05 GMT 2011 The cost of living in the US climbed more than forecast in December, led by higher fuel and food prices, while other goods and services showed the smallest annual increase on record. ... See all stories on this topic »

US December Industrial Production and Capacity Report (Text) Bloomberg By Editors: Alex Tanzi - Fri Jan 14 14:15:00 GMT 2011 Following is the text of the US industrial production and capacity utilization report for December released by the Federal Reserve. Industrial production increased 0.8 percent in December after ... See all stories on this topic »

Do You Need a Chinese Bank Account? Wall Street Journal By BRETT ARENDS We're perfectly happy eating in a Chinese restaurant. But will we start banking in a Chinese bank? It's not as crazy as it sounds. As The Wall Street Journal's Lingling Wei reported Wednesday, the Bank of China here in the US has ... See all stories on this topic »

Banks repossess 1 million homes in 2010 BusinessWeek Banks took back more than 1 million homes from delinquent borrowers in 2010 and this year likely will be worse. Foreclosure tracking firm RealtyTrac says last year's total bank repossessions was the highest annual tally of properties lost to ... See all stories on this topic »

US December Consumer Price Index Report (Text) Bloomberg By Kristy Scheuble - Fri Jan 14 13:42:06 GMT 2011 The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in December on a seasonally adjusted basis, the US Bureau of Labor Statistics reported today. Over the last 12 months, ... See all stories on this topic »

Jay-Z kin wing biz taking off New York Post By RICH CALDER His new single is "HAM" -- but it's rap mogul Jay-Z's investment in his cousin's Buffalo wing business that has Brooklyn buzzing. Ever since word of the "Empire State of Mind" megastar's investment in Buffalo Boss in Downtown Brooklyn ... See all stories on this topic » New York Post

German Inflation Expectations at Nine-Month High as CPI Surges Bloomberg By Anchalee Worrachate - Fri Jan 14 12:19:02 GMT 2011 Short-term inflation expectations, as measured by index-linked bonds, rose across the euro region after data showed consumer prices in Germany accelerated at the fastest pace in more than two years. ... See all stories on this topic »

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