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Future Internet to ake Europe's Systems Smart and Efficient: Fewer Traffic Jams, Lower Emissions, Better Healthcare

added: 29-10-2009

Less congested roads, better and more efficient energy delivery or state of the art medical treatment managed at home are typical examples made possible by the Internet of the Future. It will connect physical objects such as cars or mobile devices with infrastructures (for example traffic management systems), so that massive amounts of data can be used in real-time to improve their business process and efficiency. The European Commission unveiled a strategy to put Europe at the forefront when it comes to the development of smart internet-powered infrastructures.

EC Proposes Legislation to Limit the CO 2 Emissions from Light Commercial Vehicles

added: 29-10-2009

The European Commission proposed legislation to reduce the average CO 2 emissions of light commercial vehicles (vans) to 175 grams per kilometre. The proposal will be phased in from 2014 to 2016, and contains a long term emission reduction target of 135 g/km by 2020. The format of the proposed legislation is similar to the proposals on passenger cars agreed at the end of 2008.

Hewitt Study Shows Nearly Half of U.S. Employees Cash Out Their 401(k) Accounts When Leaving Their Jobs

added: 29-10-2009

Increased efforts to caution Americans about the negative financial consequences of cashing out their 401(k) plans have had little impact in changing their behavior over the past few years, according to a new study by Hewitt Associates, a global human resources consulting and outsourcing services company. In fact, the number of workers who took a cash distribution from their 401(k) plan when they left their job was alarmingly high - 46 percent - and has remained virtually unchanged since 2005.

The Conference Board Consumer Confidence Index(R) Declines in October 2009

added: 29-10-2009

The Conference Board Consumer Confidence Index®, which had declined in September, deteriorated further in October. The Index now stands at 47.7 (1985=100), down from 53.4 in September. The Present Situation Index decreased to 20.7 from 23.0 last month. The Expectations Index declined to 65.7 from 73.7 in September.

IT Employee Confidence Index Up in Third Quarter of 2009

added: 29-10-2009

The IT Employee Confidence Index increased 4.4 points to 50.2 in the third quarter of 2009, according to a recent survey commissioned by Technisource®, the technology placement division of Spherion Corporation. The survey, conducted by Harris Interactive®, reveals increased confidence among IT workers, as more technology professionals reveal confidence in the economy and job market. Additionally, 40 percent of workers are likely to look for a new job in the next 12 months (compared to 37 percent in the second quarter of 2009).

Consumer Confidence Rises in October, According to Latest CEA-CNET Indexes

added: 29-10-2009

Consumer confidence in the overall economy improved, while confidence in technology and consumer electronics fell slightly in October, according to the latest figures from the Consumer Electronics Association (CEA)® and CNET.

Eurobarometer Survey on Poverty and Social Exclusion

added: 28-10-2009

Nowadays in the European Union, nearly 80 million citizens, or 16% of the population, live below the poverty line, and many, therefore, face serious obstacles in accessing employment, education, housing, social and financial services. According to the EU-agreed definition, people are considered at risk of poverty when they live on an income below 60% of the median household income of their own country.

Leasing Sentiment Up, but U.S. Office Fundamentals Remain Weak in Q3, According to Colliers International

added: 28-10-2009

Despite more vigorous leasing activity, consistent with a stabilizing economy, United States office vacancies rose another half point during the third quarter of 2009, coming in at 16.0 percent, according to the Q3 office report from Colliers International, a leading global real estate services firm. As with the previous quarter, national office vacancies kept rising in both downtown and suburban markets. The downtown vacancy rate increased 37 basis points and the suburban vacancy rate jumped 66 basis points.

Low Rates Cause Surge in Refinance Loan Requests on Zillow® Mortgage Marketplace

added: 28-10-2009

With mortgage rates reaching historic lows, Zillow Mortgage Marketplace reports a surge in refinance request activity within its free marketplace for custom mortgage quotes.

Thirty-Year Fixed Mortgage Rates Continue to Decline

added: 28-10-2009

The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages decreased ten basis points last week to 4.87 percent, down from 4.97 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com®. Rates for 15-year fixed mortgages fell six basis point to 4.32 percent from 4.38 percent, and 5-1 adjustable rate mortgages fell seven basis points to 3.80 percent, from 3.87 percent the week prior.

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