01-Aug-2012 02:04

Facebook shares hit new low, 43% below IPO price - USA TODAY :: http://www.usatoday.com/money/story/2012-07-31/Facebook-stock-hits-new-low/56620852/1

Consumer Spending in U.S. Was Unchanged in June - Bloomberg :: http://www.bloomberg.com/news/2012-07-31/consumer-spending-in-u-s-was-unchanged-in-june.html

Apple may be on verge of stock split amid talk it will join the Dow - New York Daily News :: http://www.nydailynews.com/news/money/apple-verge-stock-split-talk-join-dow-article-1.1126061

Home Prices Rose in May for 4th Consecutive Month - New York Times :: http://www.nytimes.com/2012/08/01/business/economy/slight-improvements-seen-in-us-economy.html

Congressional leaders reach budget deal - Financial Times :: http://www.ft.com/cms/s/0/0d217bde-db45-11e1-be74-00144feab49a.html

SEC Seeks Controls on Muni Market - Wall Street Journal :: http://online.wsj.com/article/SB10000872396390444130304577561503467222504.html

Fannie, Freddie regulator says no to reducing mortgage principal - CNN :: http://money.cnn.com/2012/07/31/real_estate/fannie-freddie-principal-reduction/

Bond king Bill Gross could be stocks' best buddy - MarketWatch :: http://www.marketwatch.com/story/bond-king-bill-gross-could-be-stocks-best-buddy-2012-07-31?link%3DMW_latest_news

Draghi Reshapes ECB Crisis Pragmatism as Trichet's Dogma Fades - Businessweek :: http://www.businessweek.com/news/2012-07-31/draghi-reshapes-ecb-crisis-pragmatism-as-trichet-s-dogma-fades

Edison Profit Falls on Low Power Prices at Generation Unit - Bloomberg :: http://www.bloomberg.com/news/2012-07-31/edison-net-income-falls-to-103-million-on-low-power-prices.html