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Venture Capital Investment Volume in Q2 2007 at Highest Level Since 2001

added: 07-08-2007

Venture capitalists invested $7.1 billion in 977 deals in the second quarter of 2007 - the highest level of deals reported in a quarter since Q3 2001 - according to the MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association based on data by Thomson Financial. The quarterly strength in the number of deals was driven by companies in the Seed and Early stages of development, which increased by 31 percent from the prior quarter.

Second Quarter Employment Index Dips Four Percent in Job Openings

added: 07-08-2007

JobsInTheUS.com Employment Index for the second quarter 2007 showed job openings dipped four percent, reflecting the softness in the housing, auto, and wider service sectors, as compared to the Second Quarter of 2006.

Mobile Business Data to Pass $100 Billion

added: 07-08-2007

Combined worldwide revenues from all mobile business categories, including voice, will grow to $389 billion by 2012, from $242 billion in 2007, according to ABI Research's "Mobile Business Applications and Services" report.

Games and Gadgets Driving E-Commerce

added: 07-08-2007

Retail e-commerce grew 23%, to $27.2 billion, during the second quarter of 2007 over the same period in 2006, according to a comScore Networks press release issued in July.

US Housing Market: Houses Lost up 27% Over June

added: 06-08-2007

Mortgage defaults and foreclosures continue at an alarming rate nationwide, swallowing up home ownership dreams for tens of thousands more Americans every month. Both pre-foreclosure filings and homes lost to foreclosure the first seven months of this year are up on all counts (per capita basis and in sheer numbers), according to the latest statistics from California-based ForeclosureS.com, which has been tracking and analyzing foreclosure and property information for 20 years.

SMBs in Russia to Spend US$5.4B on IT Infrastructure

added: 06-08-2007

Small and medium businesses (SMBs or companies with up to 999 employees) in Russia are set to spend US$5.4 billion this year to strengthen their IT infrastructure, up some 36% over 2006, with the bulk of the SMBs citing data security as their topmost concern, according to the latest study from Access Markets International (AMI) Partners, Inc.

Teen Labor Market Participation Rate Falling in the Midst of the Summer Job Season

added: 06-08-2007

In July, the teen labor market participation rate - which measures the number of teens with a job or actively looking for a job - fell to 41.2%, according to the Labor Department's July jobs report. This decline indicates that many teens are leaving the job market during the height of the summer job season. The likely causes are state and federal minimum wage hikes, which destroy entry-level job opportunities.

Bear Stearns shook U.S. market

added: 06-08-2007

A rollercoaster week came to a depressing end on Wall Street Friday after negative news from Bear Stearns shook the wider market.

US Business In July 2007

added: 06-08-2007

“Non-manufacturing business activity increased for the 52nd consecutive month in July,” said Anthony Nieves, C.P.M., CFPM, chair of the Institute for Supply Management™ He added, “Business Activity, New Orders and Employment increased at a slower rate in July than in June. The Business Activity Index registered 55.8 percent, a decrease of 4.9 percent.

Searches for Fuel-Efficient Vehicles Slow as Gas Prices Lower

added: 06-08-2007

As gas prices begin to fall, so does consumer interest in fuel-efficient vehicles, according the latest Cars.com Consumer Search Index. Cars.com is reporting a decline in searches for hybrids and other fuel-efficient cars, all of which saw dramatic increases over the last several months when gas prices were at all-time highs.

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