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Earnings roundup: Bank of America, Goldman Sachs
Among the earnings stories for Tuesday, July 19, from The Associated Press:

Read more on AP via Yahoo! Singapore News

Debit cards may swipe more money
NEW YORK — Americans prefer using their debit cards at the register. But a small fee could change that.

Read more on Bradenton Herald

XLN Moves into Card Processing Solutions
SME business services specialist acquires card processing operation. (PRWeb July 15, 2011) Read the full story at http://www.prweb.com/releases/2011/7/prweb8646294.htm

Read more on PRWeb

Headed For CIA, Petraeus Leaves A Revamped Warzone
As Gen. David Petraeus shifts from the Afghan battlefield to run the CIA, he leaves behind a legacy of tactical and spycraft changes that spurred more killings and captures of Afghan militants while reducing insurgent attacks to their lowest level in years, senior U.S. officials in Afghanistan said.

Read more on OfficialWire

S&P warns it may downgrade Fannie, Freddie credit
(07-15) 12:55 PDT WASHINGTON (AP) — Standard & Poor’s warned mortgage giants Fannie Me and Freddie Mac on Friday that they may lose their top credit ratings if lawmakers don’t raise the U.S. government’s borrowing…

Read more on San Francisco Chronicle

If banks charged a fee for debit cards, would you still swipe?
Americans prefer using their debit cards at the register. But a small fee could change that. A new Associated Press-GfK poll finds that about two-thirds of consumers use debit cards more frequently than credit cards.

Read more on Everett Herald

LA ‘Carmageddon’ ends early, freeway reopens
THE event that many feared would be the “Carmageddon” of epic traffic jams cruised calmly to a finish today, with bridge work on the Los Angeles roadway completed nearly a full day ahead of schedule and officials reopening a 16km stretch of the busy freeway.

Read more on News.com.au

KL bourse still in profit-taking mode
NEGATIVE leads from the US, European and Chinese economies last week, with credit rating downgrades and uncertainty over the US and European sovereign debt extension further dampening sentiment, spilt over to the local market and forced the FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) down in a correction to re-test its breakout level. Week-on-week, the FBM KLCI lost 17.49 points …

Read more on Business Times

Republicans’ Ideology Dooms Deal on U.S. Debt
Republican politicians know that if they even entertain the idea of higher taxes, they throw away any national ambitions.

Read more on New York Times

More mobile-payments deals likely after eBay’s Zong purchase
Tech companies such as Google and financial-service providers such as AmEx compete as more consumers look to pay for things with their phones.

Read more on San Jose Mercury News