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Manpower Employment Outlook Survey Reveals Majority of U.S. Employers Holding Staff Steady for Q1 2009

added: 09-12-2008

U.S. employers are proceeding with caution when considering hiring for Quarter 1 2009, according to the results of the latest Manpower Employment Outlook Survey conducted quarterly by Manpower Inc.

Stock Market: Bulk of Investors Still Staying the Course

added: 09-12-2008

Despite extreme volatility in the stock market, 60 percent of U.S. consumers in a new Morpace Omnibus Study say they are not altering the way they make their investment choices. This proportion has remained essentially unchanged over the past four months.

The Conference Board Employment Trends Index Signals More Strong Employment Declines to Come

added: 09-12-2008

The Conference Board Employment Trends Index declined further in November. The index fell to 102.9, down 1.6 percent from the October revised figure of 104.5, and down over 13 percent from a year ago.

Renter Spending Habits This Holiday Season

added: 09-12-2008

The National Bureau of Economic Research (NBER) declared, last week, that the U.S. economy has been in a recession since December 2007. As the troubled housing market and credit crisis have contributed greatly to the current condition of the national economy, it is no surprise that renters are shopping smarter this holiday season than in the past by cutting back on overall expenses and credit card purchases, according to a national Apartments.com survey.

Banks Charging Billions in Overdraft Fees

added: 09-12-2008

On the heels of a new FDIC study showing that banks are charging Americans billions of dollars in overdraft fees, The Center for Economic and Entrepreneurial Literacy is educating consumers about the importance of avoiding these fees. Most people do not realize that a bank overdraft fee comes at a higher interest rate and greater cost than any other imaginable loan.

Downturn in U.S. Economy Has Significant Impact on SMB Priorities and IT Spending Plans, IDC Reveals

added: 09-12-2008

The downturn in the U.S. economy is having a significant impact on small and medium business (SMB) priorities and plans for technology acquisition. The concern is real, and impact potentially profound, with variations by company size, industry, and attitude segment, according to a recent IDC survey. As a result, 38% of small firms are more likely to delay IT spending, and 42% of medium-sized businesses are more likely to reduce IT spending.

Mortgage Loan Delinquency Rates Rise for Seventh Straight Quarter

added: 09-12-2008

Mortgage loan delinquency (ratio of borrowers 60 or more days past due) increased for the seventh straight quarter, hitting a national average high of 3.96 percent for the third quarter of 2008.

EC Adopts Guidance On Bank Recapitalisation In Current Financial Crisis To Boost Credit Flows To Real Economy

added: 09-12-2008

The European Commission has published detailed guidance on how Member States can recapitalise banks in the current financial crisis to ensure adequate levels of lending to the rest of the economy and stabilise financial markets whilst avoiding excessive distortions of competition, in line with EU state aid rules.

58 Percent of Union Members in the United States Oppose Big Three Bailout

added: 09-12-2008

As Congress mulls whether or not to spend anywhere from $15 to $34 billion in taxpayer money to bailout Ford, General Motors and Chrysler, a new ATI-News/Zogby poll shows a clear majority of Americans, including union employees, oppose such a bailout.

World Bank Calls for More Results in Gas Flaring Reduction

added: 09-12-2008

As the international community meets in Poland for climate change talks, a major conference on global gas flaring has ended in Amsterdam with a call to oil producing countries and companies to step up efforts in gas flaring reduction and to deliver greater results in an effort to improve energy efficiency and reduce greenhouse gas emissions that affect climate change.

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