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UK Consumers Begin to Rely Less on Credit Cards
added: 28-01-2011

Consumers in the UK are consciously choosing to use debit cards (and other forms of payment) instead of credit cards for day-to-day purchases. This is being driven as a direct result of economic uncertainty, according to data recently published in Cardbeat®, a market research report published by Auriemma Consulting Group (ACG).
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Wilmington Trust’s Long-Term Capital Markets Forecast Sees Muted Economic Growth, Below-Normal Investment Returns
added: 28-01-2011

Economic growth in the United States and overseas will remain tepid for several years before returning to historical norms, with fixed income returns staying low to the point of offering little or no return above inflation. Equities are not expected to be hurt as much as fixed income as more meaningful growth eventually resumes. These are two of the primary conclusions of Wilmington Trust’s 2011-2017 Capital Markets Forecast, the new installment of the company’s annual long-term outlook for the financial markets.
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US Regional and State Employment and Unemployment in December 2010
added: 27-01-2011

Regional and state unemployment rates were generally little changed in December. Twenty states recorded unemployment rate increases, 15 states and the District of Columbia registered rate decreases, and 15 states had no rate change, the U.S. Bureau of Labor Statistics reported.Thirty-one states and the District of Columbia posted unemployment rate decreases from a year earlier, 16 states reported increases, and 3 states had no change. The national jobless rate fell by 0.4 percentage point between November and December to 9.4 percent, 0.5 point lower than in December 2009.
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CEOs' Confidence Restored to Pre-Crisis Levels as Recession Woes Wane
added: 27-01-2011

Two years removed from the depths of recession, CEOs' confidence in future growth has returned to nearly pre-crisis levels, according to PwC's 14th Annual Global CEO Survey. In the worldwide poll of 1,201 CEOs, 48% said they were "very confident" of growth in the next 12 months. That's a major shift from the 31% last year who were "very confident" last year and approaches the 50% reached in 2008 before the onslaught of the economic crisis.
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Wells Fargo Survey: Small Business Owners Look to Changes in Operations, Employment in 2011
added: 27-01-2011

According to the latest Wells Fargo/Gallup Small Business Index survey, conducted in November 2010, 57 percent of business owners surveyed say they plan to make changes in 2011, with 43 percent saying they plan to expand their business operations. Of those respondents who are looking to expand, 56 percent say they intend to add employees.
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China National Bureau of Statistics and Sinotrust Jointly Release '2010 Q4 China Automotive Industry Climate Index'
added: 27-01-2011

China Economic Monitoring Center of China National Bureau of Statistics and Sinotrust International Information & Consulting (Beijing) jointly released the "2010 Q4 China Automotive Industry Climate Index."
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Wall Street Bonuses Dip Year/Year, Fatter Bonus is No Guarantee of Satisfaction
added: 27-01-2011

Average Wall Street bonuses dropped five percent year/year, according to early reporting of Wall Street professionals who are bonus-eligible and know the amount of their annual bonus. As regulators, governments and banks across the globe continue to scrutinize compensation, reported individual bonuses ranged from $0 to $5 million, demonstrating that pay-for-performance remains intact on Wall Street.
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The Conference Board Consumer Confidence Index® Increases in December 2010
added: 27-01-2011

The Conference Board Consumer Confidence Index®, which had dipped in December, increased in January. The Index now stands at 60.6 (1985=100), up from 53.3 in December. The Present Situation Index improved to 31.0 from 24.9. The Expectations Index increased to 80.3 from 72.3 last month.
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Central Asia: More Diversified and Competitive Economies would Attract Investors
added: 27-01-2011

Economic diversification and increased competitiveness could make Central Asia a new frontier of economic opportunity for global investors, says a new OECD report to be presented tomorrow at the World Economic Forum in Davos, Switzerland.
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TrueCar.com Forecasts New and Used Auto Sales and Incentives Spending for January 2011
added: 27-01-2011

TrueCar.com, the authority on new car pricing, released its January 2011 sales and incentives forecast.
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