French protesters clash with police: Demonstrations against plans to raise retirement age continue as president warns of "tougher action" against rioters.
Dollar Drops to 15-Year Low Versus Yen as Fed Cites `Modest' U.S. Recovery: The dollar dropped to a 15-year low against the yen as a Federal Reserve regional survey showed the economy expanded in September at a “modest pace,” fueling speculation the central bank will increase quantitative easing.
Wells Fargo Posts Q3 Report, Explains Lack of Foreclosure Freeze: Wells Fargo said Wednesday that it turned a profit of $3.35 billion for the three months ending in September. The Q3 number was higher than both the $3.06 billion for the previous quarter and the $3.24 billion profit posted a year earlier.
Bank of America Loses $7.3 Billion in Third Quarter: Mortgage banking income jumped 95 percent last quarter, the ratio of nonperforming loans and assets declined, and no sizeable losses are expected from the company's foreclosure suspension and affidavit problems.
And Now, Here's The First 11 State Pensions Funds That Will Run Out Of Money: Here's a shocker: The most immediate state pension crises aren't in New York or California. They're in Middle America.
The First 10 City Pensions That Will Run Out Of Money: The municipal pension crisis is like the social security crisis but worse: Unlike the federal government, cities cannot legally go into debt.
Cash-strapped governments ramping up tax-collection efforts: Tax officials throughout the Washington region are trying new and often extraordinary measures to collect tens of millions of dollars in delinquent payments, as huge projected budget deficits threaten to slash public services.
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