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added: 07-11-2007

Gasoline prices spiked 14 cents last week, turning the Thanksgiving season into a lucrative early Christmas present for oil companies, said the Foundation for Taxpayer and Consumer Rights.

The Leading Index for Japan Decreased 1.3 Percent

added: 07-11-2007

The Conference Board reports that the leading index for Japan decreased 1.3 percent and the coincident index decreased 0.3 percent in September.

Improving Competitiveness of the European Automotive Industry is First Priority

added: 06-11-2007

The European automotive industry has urged the EU to truly coordinate policies towards maintaining and improving the strength of the European automotive sector. “The automotive sector is a cornerstone of the EU economy. Twelve million families depend on it”, said Ivan Hodac, Secretary General of the European Automobile Manufactures Association (ACEA) at a press conference in Brussels.

CME Group Reports October 2007 Volume Averaged 9.5 Million Contracts Per Day, Up 14 Percent

added: 06-11-2007

CME Group, the world's largest and most diverse exchange, announced October volume averaged 9.5 million contracts per day, up 14 percent from October 2006.

US Productivity Rose about 2.5 Percent?

added: 06-11-2007

There has been no shortage of analysts who have warned of the past half year that the US economy is headed for a recession and soon. The economy wasn't in recession in the third quarter, not with nearly 4 percent annualized growth in real GDP.

Citigroup Shares Falling Rapidly

added: 06-11-2007

Stocks fell on Monday, hit by Citigroup warning of mounting loan losses, adding to concerns about the outlook for financial companies.

Fitch Revises Hungary's Outlook to Stable

added: 06-11-2007

Fitch Ratings has affirmed the Republic of Hungary's Long-term Foreign Currency Issuer Default Rating (IDR) of 'BBB+', its Short-term Foreign Currency IDR of 'F2', its Long-term local currency IDR of 'A-'(A minus) and its Country Ceiling of 'A+'. The Outlooks on Hungary's Long-term IDRs have been revised to Stable from Negative.

Banks Must Establish Dialogue With Consumers to Succeed in the Retirement Market

added: 06-11-2007

Retail banks face heated competition in the race to capture their share of mass affluent consumers' trillions of dollars in retirement assets, according to a study released by BAI, the banking industry's leading professional organization and Mercatus LLC, a strategy consulting firm.

U.S. Corporate Bond Downgrades Hit Highest Quarterly Level in Two Years

added: 06-11-2007

The par value of U.S. corporate bonds affected by downgrades rose to the highest quarterly level in nearly two years in the third quarter as the U.S. subprime mortgage crisis and associated credit crunch began to take a toll on credit quality, according to Fitch Ratings.

While Small Businesses are Particularly Profitable, Banks Struggle to Satisfy These Customers

added: 06-11-2007

Banks struggle to satisfy small business customers, as these customers tend to be more difficult to please compared with the average retail banking customer, according to the J.D. Power and Associates 2007 Small Business Banking Study(SM).

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