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• 05/31/2012 US stocks drop to end May:  U.S. stocks dropped on May 31, finishing off the biggest monthly decline for the Standard and Poor's 500 Index since September, according to Bloomberg.
• 05/30/2012 Verizon to increase its speed offerings:  Verizon Communications recently announced it has doubled the speed of its most expensive FiOS broadband internet service in a move to better itself against its competitors.
• 05/30/2012 Price of oil declines:  The price of oil fell below $88 a barrel on May 30, which is a new seven-month low.
• 05/29/2012 Consumer confidence dips slightly in May:  The Conference Board recently released its Consumer Confidence Index, which registered a slight decline in April and an even further drop in May.
• 05/29/2012 Facebook shares fall below $30:  Facebook shares dropped below the $30 mark for the first time on May 29 due in part to speculation that it is making a move to purchase Opera Software, a Norwegian mobile browser developer.
• 05/25/2012 New car sales figures for May projected to be impressive:  A significant year-over-year gain in new car retail sales are expected following a report from a leading authority on the matter.
• 05/24/2012 Google buys Motorola Mobility:  Google recently announced it has officially bought Motorola Mobility for $12.5 billion.
• 05/24/2012 Facebook IPO costs Main Street millions:  According to a recent report from Bloomberg, Facebook's initial public offering has cost Main Street more than $600 million.
• 05/23/2012 HP to lay off 25,000 workers:  Hewlett-Packard is set to announce its latest round of job cuts on May 23, which could lead to more than 25,000 workers losing their jobs.
• 05/23/2012 Housing sales up in April help economy along:  New data analysis from the National Association of Home Builders reveals that sales of newly built, single family homes climbed 3.3 percent in April on a year-over-year basis.
• 05/23/2012 Survey reveals more mergers and acquisitions on the way:  The results of a new survey from Deloitte reveal that executives nationwide are expecting an increase in mergers and acquisitions as well as increasing strategic alliance activity.
• 05/21/2012 Merger announced in biotechnology industry:  BioTime, an Alameda, California-based biotechnology company, and its subsidiary LifeMap have purchased XenneX, which will merge into LifeMap Sciences.
• 05/21/2012 Stocks advance on China news:  The stock market is expected to advance significantly to begin the week due in part to China's comments on France and Germany.
• 05/18/2012 US stocks drop despite Facebook IPO:  U.S. stocks declined for a sixth straight day on May 18, marking the longest decline since November, according to Bloomberg.
• 05/18/2012 Facebook launches IPO, advances on first day of trading:  Facebook's initial public offering has arrived and helped drive shares of the company to new levels.
• 05/17/2012 Healthcare costs show slight annual growth:  A new report reveals that healthcare costs in the United States showed little change in March this year.
• 05/16/2012 GM climbs as Buffett-owned company buys shares:  General Motors Company climbed as much as 4.3 percent following news that Warren Buffett's Berkshire Hathaway purchased a stake in the automaker, according to Bloomberg.
• 05/16/2012 Housing starts up 2.6 percent in April:  New data analysis from the U.S. Census Bureau and Department of Housing and Urban Development shows that privately owned housing starts in April grew both month-over-month and year-over-year.
• 05/15/2012 Retail sluggish in April:  Retail sales in the United States grew at their slowest pace this year in April, according to Bloomberg.
• 05/15/2012 Facebook close to making IPO:  Facebook is on the verge of making its initial public offering and is planning to continue taking orders until May 15, according to Bloomberg.
• 05/14/2012 Consumer sentiment rises:  The recently released Thomson Reuters/University of Michigan preliminary consumer sentiment index for May showed a significant increase, according to Bloomberg, a positive sign for the country's economic recovery.
• 05/14/2012 Yahoo CEO out:  Scott Thompson, the beleaguered CEO of Yahoo, is out after it was learned he padded his resume.
• 05/11/2012 Fidelity Investments survey reveals new insight on finances, retirement:  The results of a new survey from Fidelity Investments reveal that couples retiring this year will need $240,000 in order to pay off medical expenses throughout retirement.
• 05/11/2012 Cisco Systems announces steep shares drop:  Shares of Cisco Systems dropped suddenly following the release of a disappointing sales outlook for the first quarter this year.
• 05/10/2012 US stocks drop for sixth straight day:  According to a May 9 report from Bloomberg, the Dow Jones Industrial Average dropped for a sixth consecutive day due in part to political turmoil in Greece.
• 05/09/2012 Fannie Mae announces huge quarterly profit:  Fannie Mae will not seek aid after posting a $2.7 billion profit for the first quarter of 2012.
• 05/09/2012 Toyota's quarterly profit quadruples:  Toyota recently reported the profit it amassed over the first quarter this year quadrupled on a year-over-year basis.
• 05/09/2012 Sprint CEO takes pay cut after iPhone debacle:  A new report from CNNMoney reveals that the iPhone cost Dan Hesse, the CEO of Sprint, $3.25 million.
• 05/08/2012 Yahoo CEO apologizes to employees:  The CEO of Yahoo recently apologized to company employees and shareholders for some misinformation found on his resume.
• 05/08/2012 Stocks rise due in part to bank rally:  Most U.S. stocks rose on May 7 due in part to a rally from the banks and investors who were watching the French and Greek elections carefully, according to Bloomberg.
• 05/07/2012 Report finds mid-market executives focusing on the future:  A new report from Deloitte reveals that mid-market executives are focusing on moving forward during the uncertain economic recovery.
• 05/07/2012 Consumer attitudes upbeat despite slow job growth, report finds:  A new report from Fannie Mae reveals that consumer attitudes continue to show a positive incremental trend despite slow employment growth.
• 05/07/2012 Larger number of US consumers obtaining perfect FICO score:  With recent reports finding American consumers turning away from credit cards in record numbers, a new report finds that many consumers are nearing the perfect FICO score.
• 05/04/2012 Report finds American consumers turning away from credit:  With consumer spending playing a pivotal role in the state of the economy, a new report reveals that credit card spending has dropped $5 billion nationwide between January and February this year.
• 05/04/2012 Merger involving American Airlines takes a step forward:  Employees at three American Airlines unions recently agreed to support a potential merger with US Airways Group, according to CNNMoney.
• 05/04/2012 US stocks drop again:  On May 3, U.S. stocks dropped, sending the Standard and Poor's 500 Index down for a second straight day due in part to less than promising data analysis from the service industries, according to Bloomberg.
• 05/03/2012 Visa reports strong second quarter:  Visa, the largest retail electronic payments processing network, recently released its fiscal report for the second quarter this year and found a 47 percent surge in customer spending with credit and debit cards.
• 05/02/2012 Consumer confidence steady in April, says Discover:  A new report from Discover said consumer confidence in the United States was steady for April.
• 05/02/2012 NADA projects stronger auto sales in coming months:  A new report from the National Automobile Dealers Association reveals that a combination of existing vehicles aging, increased inventory and lower gas prices could boost auto sales over the next couple of months.
• 05/02/2012 Former Fed says US stocks cheap and likely to rise:  Former Federal Reserve Chairman Alan Greenspan attended the Bloomberg Washington Summit where he announced that U.S. stocks could be on the rise.
• 05/01/2012 Manufacturing, economic health on upswing:  PricewaterhouseCoopers recently released its latest report on the economy and the manufacturing industry, which found optimism surrounding both.

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