Economy News for Mon 16 Jul 2012

[Cheryl Nelson]

When Bankers Get Nervous, Watch Out

http://money.msn.com/bill-fleckenstein/post.aspx?post=23c64e21-4e78-4648-84f2-3e80ec0a3dd8

Shares Pause As Investors Await Bernanke Testimony

http://finance.yahoo.com/news/shares-pause-investors-await-bernankes-003129036.html

Retail Purchases In U.S. Unexpectedly Decrease 0.5%

http://www.bloomberg.com/news/2012-07-16/retail-purchases-in-u-s-unexpectedly-decreased-0-5-in-june.html

Oil Declines From Seven-Week High Amid Global Economic Concern

http://www.bloomberg.com/news/2012-07-16/oil-declines-from-seven-week-high-amid-global-economic-concern.html

Fewer US Companies Are Planning To Hire

http://www.reuters.com/article/2012/07/16/us-usa-economy-forecasts-idUSBRE86F02K20120716

S&P Falls For Seventh Day In Eight

http://finance.yahoo.com/news/stock-futures-signal-weaker-wall-083015262.html;_ylt=AvoROQMtPL3xcm6Mb3ZlZ.qiuYdG;_ylu=X3oDMTNyYmdjbDE4BG1pdANGUCBUb3AgU3RvcnkgTGVmdARwa2cDODg0ZDViZDctOWFjOS0zODgxLTgxMjYtNzdkYTg1NDk5ZTM0BHBvcwMxBHNlYwN0b3Bfc3RvcnkEdmVyA2YxNDkzZDAwLWNmOGUtMTFlMS1hZWJjLTJlMWRiNDM1ZmZkZQ--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

Why Gas Prices Are Heading Back Up

http://finance.yahoo.com/news/why-gas-prices-heading-back-205602835.html;_ylt=ArtTMZ63Ii9HDn.lodhLorWiuYdG;_ylu=X3oDMTQ4MHZkMTFpBG1pdANDTkJDIFRvcCBTdG9yaWVzBHBrZwMwOGRkMGNmMy0zOWJhLTMyY2MtYjlhNi02YWZmYjZjY2U2ODgEcG9zAzEEc2VjA01lZGlhQkxpc3RNaXhlZExQQ0FUZW1wBHZlcgNlZjlkNDk3MC1jZjg4LTExZTEtYmRiYy1lMjkyOGE4Mjk0YzY-;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

IMF Cuts Global Growth Forecasts As Emerging Economies Slow

http://finance.yahoo.com/news/imf-cuts-global-growth-forecast-000209274.html;_ylt=AjeO4P7oFivYTFES4rrXu.yiuYdG;_ylu=X3oDMTRwNGtvOXRzBG1pdANGaW5hbmNlIEZQIFRvcCBTdG9yaWVzIG1peGVkIGxpc3QEcGtnAzdjZmExNDQ0LTE4YzMtMzA2My1iNDBmLWRiNDM4OGY3MDNjMARwb3MDMwRzZWMDTWVkaWFCTGlzdE1peGVkTFBDQVRlbXAEdmVyA2M4M2FiZGQwLWNmYTItMTFlMS1iOWZlLTc4YzhmYmVhYTg0OA--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3