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Children Clued in to Recession and Family Finances

added: 17-02-2010

Finances are a family affair, according to a recent survey by American Express. In fact, a surprising seven in ten (71%) parents of children between the ages six and 16 say their children understand we are in a recession. This number suggests that talks about the current economic environment are happening at kitchen tables across the country. The survey also reveals that 91 percent of parents say they are committed to instilling lessons of financial responsibility upon their children in 2010.

BofA Merrill Lynch Fund Manager Survey Finds Investors Questioning Economic Recovery

added: 17-02-2010

Investors are positioning themselves for halts in both Europe and China's economic recovery, according to the BofA Merrill Lynch Survey of Fund Managers for February.

Americans Struggle to Find Stability as 2010 Begins

added: 17-02-2010

The New Year is off to a rocky start when it comes to how Americans feel about their personal finances. The COUNTRY Financial Security Index® took a 3.2 point tumble in February to 63.1, the biggest single drop the bi-monthly measure has ever recorded and an indication that Americans remain undecided about their confidence in their own level of financial security.

Looking to Recovery, Executives See Governance, Risk and Compliance as Key Priority, KPMG International Study Finds

added: 17-02-2010

Nearly two-thirds of executives globally say they are focused on converging their company's many disparate Governance, Risk and Compliance (GRC) initiatives, to improve risk management and reduce costs, according to a global survey by KPMG International.

Spending on Oil and Gas Production will Total about $15.3 billion this Year

added: 17-02-2010

Davis, Industrial Info's manager of research for the oil & gas industry markets, spoke about project spending for the North American oil & gas industry at Industrial Info's "Twenty-Ten Industrial Market Outlook," held in Houston on January 27.

51 Percent of Seniors Getting Smaller Social Security Checks This Year

added: 17-02-2010

A majority of seniors are receiving a smaller Social Security check this year than in 2009. The finding comes from an annual survey of elderly Americans, released by The Senior Citizens League (TSCL), one of the nation's largest nonpartisan senior citizens advocacy groups.

Rising Consumer Confidence, Employment Lead to Improved Vehicle Sales in 2010

added: 16-02-2010

U.S. light-vehicle sales will reach just short of 12 million units in 2010 as credit becomes more available and consumer confidence improves with rising employment, said Paul Taylor, chief economist for the National Automobile Dealers Association.

Positive Outlook as Global Technology M&A Shows Growth for Third Consecutive Quarter

added: 16-02-2010

Mergers and acquisitions (M&A) activity in the global technology sector grew for the third consecutive quarter in Q4 2009, bringing optimism for continued growth in 2010, according to a new report by Ernst & Young. Global technology M&A update found that deals done in the technology sector rose by 13% to 553 in the quarter, compared with 488 in Q309. This followed consecutive rises in Q309 and Q209, after bottoming out in Q109 (at 405).

New Study Reveals Economic Consequences of Continuing Restrictions on Domestic Energy Exploration

added: 16-02-2010

America's reliance on foreign energy will grow by 19 percent over the next 20 years, expanding the transfer of U.S. wealth to the Organization of Petroleum Exporting Countries (OPEC) by more than $600 billion, according to a report by the National Association of Regulatory Utility Commissioners (NARUC). The two-year study broadly examined the social, economic and environmental impacts of continued restrictions on developing America's oil and gas resources.

London Stock Exchange: January Average Daily Value Traded up 14 Percent

added: 16-02-2010

The average daily value traded across London Stock Exchange Group’s equity markets during January increased 14 per cent year on year to £7.1 billion (€8.0 billion). The average daily number of trades was 831,892, six per cent lower than January 2009.

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