Consumer sentiment slumps, retail sales jump | August 12, 2011 01:57 PM ET | WASHINGTON/NEW YORK (Reuters) - Consumer sentiment worsened sharply in early August, falling to the lowest level in more than three decades, even though retail sales posted the biggest gains in four months in July, separate reports on Friday showed. | Full Article | Europe short-selling ban reveals divisions | August 12, 2011 02:23 PM ET | PARIS/MILAN (Reuters) - A piecemeal ban on short-selling of financial stocks in Europe sparked a rush of alternative proposals from countries and regulators Friday, while stronger bank shares pulled Europe's stocks higher. | Full Article | Italy delivers tough austerity measures | August 12, 2011 04:23 PM ET | ROME (Reuters) - Italian Prime Minister Silvio Berlusconi announced a painful mix of tax hikes and spending cuts Friday to meet European Central Bank demands for action on shoring up Italy's strained public finances. | Full Article | | | US TOP NEWS | U.S. Postal Service looks to cut 220,000 jobs | August 12, 2011 02:05 PM ET | WASHINGTON (Reuters) - The U.S. Postal Service would eliminate about 220,000 full-time jobs and shutter about 300 processing facilities by 2015 under a proposal to bring its finances in order, a postal official said on Friday. | Full Article | Bachmann, Pawlenty clash in heated debate | August 12, 2011 04:04 PM ET | AMES, Iowa (Reuters) - Republicans Michele Bachmann and Tim Pawlenty clashed repeatedly over their records during a presidential debate on Thursday, two days before they vie for conservative support in a straw poll that could make or break their campaigns. | Full Article | | | HEALTH NEWS | | | | RELATED VIDEO | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | » MORE NEWSLETTERS | | ODDLY ENOUGH | | | |
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