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Retail sales slump as Britain gripped by economic slowdown (AFP) AFP - Retail sales sank in June to record the largest monthly drop for 22 years, official data showed on Thursday, as consumers slashed spending amid an economic slowdown across the country. Publ.Date: Thu, 24 Jul 2008 11:58:08 GMT Source: Yahoo.com New York sues UBS, alleges auction-rate fraud (Reuters) Reuters - New York Attorney General Andrew Cuomo filed a civil lawsuit on Thursday against UBS AG , accusing the Swiss bank of deceptively steering customers into auction-rate securities that this year became impossible to cash out of amid the credit crunch. Publ.Date: Thu, 24 Jul 2008 16:47:33 GMT Source: Yahoo.com CFTC charges Optiver with oil-market manipulation (Reuters) Reuters - The Commodity Futures Trading Commission on Thursday charged global trading fund Optiver Holding BV with manipulating the NYMEX oil market in March 2007. Publ.Date: Thu, 24 Jul 2008 16:29:11 GMT Source: Yahoo.com How To Deal With an Old 401(k) (The Motley Fool) The Motley Fool - Those are the primary paths taken by the average Joe or Jane Investor when they leave a job and need to decide what to do with money from a former work retirement plan (their 401(k) or 403(b) dough). Publ.Date: Thu, 24 Jul 2008 13:58:14 GMT Source: Yahoo.com New layoff filings jump as companies retrench (AP) AP - The number of newly laid off people filing claims for unemployment benefits bolted past 400,000 last week as companies trimmed their work forces to cope with a slowing economy and fallout from a collapsed housing market. Publ.Date: Thu, 24 Jul 2008 15:07:38 GMT Source: Yahoo.com

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