At The Motley Fool, we know our readers like to be informed. We have scouted out today's most relevant news items and brought them to you all on one page. We hope you find this informative and useful.
American bank to embrace the fall
With the heightened European crisis and fear lingering over investors, banks expect their third-quarter earnings to fall sharply. JPMorgan Chase
PlayBook sales may not have been enough
Research In Motion
Pepsi shakes it up
Retail sales stayed flat for the month of August, giving more evidence that consumers have not regained their confidence. According to the Department of Commerce, retail and food services remained stalled at an adjusted $389.5 billion. The data come as unemployment remains at 9.1% and poverty in the country reached its highest point in 17 years. Inflation remained the same level. The factors will allow the Federal Reserve to implement credit-easing measures to stimulate the economy in the upcoming weeks. Read more at The Wall Street Journal.
So there you have it, the top financial stories for this afternoon. If you are interested in getting all the news and commentary on these stocks, sign up to My Watchlist here -- it's free!
Michelle Zayed doesn't own any stocks mentioned. The Motley Fool owns shares of Citigroup, JPMorgan Chase, Bank of America, Google, Research In Motion, and PepsiCo. Motley Fool newsletter serviceshave recommended buying shares of PepsiCo and Google. Motley Fool newsletter serviceshave recommended creating a diagonal call position in PepsiCo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insightsmakes us better investors. The Motley Fool has a disclosure policy.