Flat consumer prices in US, during the month of November, are an evidence of inflation cooling down. It has been informed that with a drop in the energy costs, the prices of food, clothes and medical services have stabilized.

The customers of Citigroup should be careful before they plan to deposit their hard earned money in the bank. Lately, the bank has been in news for breaching the law by defrauding its customers. As a way to apologize, the group apologized to its customers and promised the Securities and Exchange Commission of not repeating it again.

There has been a deal struck between the owner of Quorn meat substitute firm Premier foods and the investment firm Exponent Private Equity. It has been revealed that the former has sold to the latter, the meat business.

The assets of the British Fund Manager, Henderson Group under management have dropped by £1.2bn to £60.5 billion from £61.7 billion in the first quarter of 2011. The assets of the group fell due to transferred £1.5bn of cash fund assets to DB Advisors. The group has get hold of the New Star in 2009.

Approximately 57% of the natives, a significant hike as compared to 46% for last month, have praised the President for his excellent job performance although a majority of people believe that death of Bin Laden is not sufficient enough to assure the protection against the terrorism.

Goh Chok Tong, Singapore's Senior Minister said during his trip to China that both the countries are looking forward for greater financial cooperation.

He also said that Singapore is also looking to find out the ways to provide a clearing bank status for one of the Chinese banks.

UK’s ninth largest building society has been fined £1.4 million and it has agreed to pay £51 million to its customers after there was a discrepancy of mis-sold investment products.

Following the financial crisis in 2008, an investigation report has been pushed to the U.S. Justice Department and regulators (SEC) to decipher the punishment against the employees and executives of Goldman Sachs Group Inc. (GS) following serious charges of financial malpractices.

The April 18, the tax deadline, is just after 7 days from now.

Reports claimed that around 230,000 Icelandic voters went for the poll. This poll was conducted for approval or rejection of a renegotiated deal to provide compensates Britain and The Netherlands over the 2008 Icesave Bank collapse.

The latest report claimed that the deal with a 3.9 billion euro is having a higher margin of “no” votes.