BOSTON (TheStreet) -- The continuing debate over how to extend the payroll tax cuts, which expire in nine days, leads your quick fix of company, market, economic and investing news for Thursday, Dec. 22.
Thursday's 5 Biggest Stories
No, seriously. You should believe our congressional leaders when they say they're hard at work on a
payroll tax cut deal
even though Congress has gone home for the holidays.
is reportedly considering a sale of its Asian assets for $12 billion. But the stake is worthless if it can't actually sell it.
In a thin trading session,
financial stocks lead European bourses higher
a day after banks were given free money by the ECB. Go figure.
Stop me if you've heard this one before:
warns that the U.S. could lose its triple-A rating if the federal deficit isn't slashed.
So now that it has settled its Countrywide problem for $335 million,
Bank of America
is in the clear, right?
Quote of the Day
"I'm for income inequality. I think some people should make more than other people, because some people work harder and have better ideas and take more risk, and they should be rewarded for it. I have no problem with income inequality," GOP presidential hopeful
said of the fight against the Top 1%.
loses the top spot to
after a year of disasters but swears it'll regain the crown in 2012.
Advanced Micro Devices
unveils the fastest graphics chip on the market. Geeks like me are salivating.
shares get crushed on a quarterly loss.
Brazil's central bank
cuts its GDP expectations
for this year to 3% from 3.5%, although the inflation outlook is improving.
Your chart of the day: The
ECB balance sheet
Let's have some fun with
unexpected market events
predictions for 2012.
Dow Jones Industrial Average
may not be the bullish sign technical analysts think it is.
A group of financial media personalities offer you
stock picks for 2012
Perhaps we should subtract the hedge from
after their performance in 2011.
Odds and Ends
says it decided against giving the keynote speech at the next Consumer Electronics Show in January. Others claim the tech giant was unceremoniously booted from the spot.
How the GOP is helping Obama look like a
in an election year.
There is no better holiday song than this amazing
-- Written by Robert Holmes in Boston
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