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America's "Financial IQ" Survey Shows Both Understanding and Gaps

added: 15-04-2009

With ongoing news about the struggling state of the economy and the impact on families across the country, it may be more important than ever for consumers to understand the basics of banking and personal finance. A recent survey of America's "Financial IQ" by financial services provider Capital One Financial Corporation indicates that while most Americans say they understand financial fundamentals and are tracking and monitoring budgets, many may not be doing enough to save or protect their financial future.

Americans Still Committed to Retirement Savings

added: 15-04-2009

The economic downturn has taken its toll on the American workforce and its psyche. Amid this stormy outlook, the 10th Annual Transamerica Retirement Survey, conducted by the Transamerica Center for Retirement Studies®, found surprisingly positive signs in workers’ commitment to retirement savings. The survey results also highlight the importance workers place on employer-sponsored retirement plans.

Further Dip in Online Recruitment in March 2009, According to Monster Employment Index UK

added: 15-04-2009

East Asia's FTAs Benefit Business, Can Counter Protectionism

added: 15-04-2009

East Asia’s myriad free trade agreements (FTAs) benefit the regions’ businesses and could help counter falling trade volumes and trade protectionism triggered by the current global economic crisis, says a new study from the Asian Development Bank Institute (ADBI).

US Producer Price Index in March 2009

added: 15-04-2009

The Producer Price Index for Finished Goods decreased 1.2 percent in March, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported. This decline followed a 0.1-percent advance in February and a 0.8-percent increase in January. At the earlier stages of processing, prices received by producers of intermediate goods fell 1.5 percent after decreasing 0.9 percent a month earlier, and the crude goods index declined 0.3 percent following a 4.5-percent drop in February.

Americans Inspired By Green Innovation

added: 15-04-2009

The color green is often the symbol of regeneration and vitality. At a time when our country is in recovery and on the path toward renewal, Americans are encouraged by efforts to reinvest in our nation through innovation.

High Polluting Industries Encouraged to Invest in Carbon Reduction Technologies

added: 15-04-2009

Despite a short-term reduction, electricity prices are estimated to rise by 10 - 15% in 2013, following the tightening of restrictions on emissions levels. This has caused concern amongst intensive energy users such as the steel, aluminium, cement and paper industries. They fear that the price increase, along with other related factors, will significantly increase their costs at the time when they will still be recovering from the current economic slowdown. In order to remain successful in the future, they will need to hedge looming high costs by investing in emissions-reducing technologies.

30-Year Mortgage Rates Remain Steady

added: 15-04-2009

The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for thirty-year mortgages remained relatively flat during the past week. Last week's rate was 5.10 percent, up slightly from 5.08 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com®. Meanwhile, rates for 15-year fixed mortgages decreased to 4.73 percent, down from 4.77 percent and 5-1 adjustable rate mortgages also decreased, down to 4.65 percent from 4.71 percent the week prior.

G8 Warns Food Crisis May Become Permanent

added: 15-04-2009

Bread for the World President Rev. David Beckmann called on the agriculture ministers of the world's eight richest countries to ensure that more resources are made available to small farmers in order to avert a permanent food crisis.

Adoption of Consumer-Driven Health Plans Accelerated by Recession

added: 15-04-2009

CDHP enrollment expected to grow even faster in 2009 as employers see higher premium increases and look for savings, according to new reports from HealthLeaders-InterStudy.

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