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Larger Retirement Funds

Assuming a U.S. Default, Where Should You Put Your Money?

For most Americans, talk of a U.S. Government default is a little complex. What the American people really want to know is, assuming the U.S.Government defaults, where should one consider putting a portion of their money? Glad you asked.
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TSX may open lower on U.S. debt concerns

Toronto's main stock index looked set to open lower on Monday, hurt by news of major job cuts at Research In Motion Ltd (RIM.TO: Quote) and an impasse in U.S. debt ceiling talks that fueled worries of a U.S. default.
A protester waves a Greek flag during a rally against austerity economic measures and corruption in Athens

Moody's warns Greek default almost certain

Moody's cut Greece's credit rating further into junk territory on Monday and said it was almost certain to slap a default tag on its debt as a result of a new EU rescue package.
Chinese City Orders Two Fake Apple Shops to Close

Chinese city orders two fake Apple shops to close

Chinese officials in Kunming have ordered two fake Apple shops to close, not because of piracy or copyright concerns, but because the stores in the southwestern city did not have an official business permit.
Lawmakers split as debt deadline looms, markets uneasy

Lawmakers split as debt deadline looms, markets uneasy

A sharply divided Congress pursued rival budget plans on Monday that appeared unlikely to win broad support, pushing the United States closer to a ratings downgrade and debt default that would send shockwaves through global markets.
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China, Iran eye barter plan to bypass US sanctions-FT

Iran and China are discussing using a barter system to exchange Iranian oil for Chinese goods and services, as U.S. sanctions have blocked China from paying at least $20 billion for oil, the Financial Times said.
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Obama, Congress fail to break debt deadlock

U.S. lawmakers failed to achieve a budget breakthrough and instead worked on rival plans on Sunday in a impasse that heightened prospects for a catastrophic U.S. debt fault.
Alcoa Inc. (NYSE: AA)

Top Earnings at a Glance (SLIDESHOW)

The earnings season is when a large number of publicly traded companies release their quarterly earnings reports. The earnings season is so far topping Street views at a pace above typical quarters.
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Russia Decides Beer is Alcohol, not Food

A new measure, signed into law by Russian President Dmitry Medvedev, classifies beer as alcohol, limiting its sales at unlicensed kiosks and banning sales between certain hours.

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