Fed to update its consumer finance survey (AP)

AP - The Federal Reserve is reaching out to Americans to get a more detailed picture of how the country's economic debacles have affected household finances.

Starbucks to match 401k but health benefits costlier (Reuters)

Reuters - Starbucks Corp will make discretionary matching contributions to 401(k) retirement plans for its 2009 plan year but employees will face higher health-care costs, Chief Executive Howard Schultz said in a memo to employees on Monday.

REIT investors move from fear to fundamentals (Reuters)

Reuters - Many real estate investment trusts (REITs) spent the first quarter avoiding a financial funeral, but when they report second-quarter earnings in the next weeks, some may be feeling a new sense of longevity.

Geithner, Bernanke at odds on consumer protection (AP)

AP - Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke staked out opposing sides Friday in a turf war over who should protect Americans from shady mortgage lending, abusive credit card fees, payday loans and other high-cost or risky financial products.

Geithner, Bernanke at odds on consumer protection (AP)

AP - Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke staked out opposing sides Friday in a turf war over who should protect Americans from shady mortgage lending, abusive credit card fees, payday loans and other high-cost or risky financial products.

Citigroup names former banking regulator to board (AP)

AP - Citigroup Inc. named three new outside directors Friday as the bank seeks to shift its focus back to traditional banking after it suffered a bruising hit from risky mortgage-backed securities.

Report: Obama housing plan may fall short of goal (AP)

AP - The Obama administration's effort to persuade mortgage companies to lower payments for up to 4 million homeowners could fall short of its goal, according to congressional investigators.

Fed moves to improve disclosures on mortgages (AP)

AP - The Federal Reserve on Thursday approved proposals designed to make it easier for Americans with mortgages, or shopping for them, to better understand how the loans work.

St. Jude Medical plans debt securities offering (AP)

AP - Medical device maker St. Jude Medical Inc. said Thursday it is offering senior debt securities and could use the proceeds to pay debt, buy back stock or fund general purposes.

Mortgage rates rise after falling for 3 weeks (AP)

AP - Rates for 30-year mortgages have edged up after falling for three-consecutive weeks.

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