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Only One-Quarter of Americans Say Banks are Honest and Trustworthy

added: 30-06-2009

Over the past few months, Americans have watched as financial institutions have received government bailouts, or been shut down and have had to close their doors due to the economic crisis. It is perhaps not surprising then that almost three in five Americans (58%) say they do not consider any of nine financial institutions and insurance companies to be honest and trustworthy; that is, they would not believe a statement by someone who works for one of these companies.

The Conference Board Reports Online Job Demand Down 66,700 in June 2009

added: 30-06-2009

Online advertised vacancies declined 66,700 to 3,294,800 in June, according to The Conference Board Help-Wanted Online Data Series (HWOL)™ . In the five months since January, online labor demand has dropped a relatively modest 71,000, in sharp contrast to the 1,200,000 decline in the previous five months from August 2008 to January 2009.

U.S. Renewable Energy: A Self-Inflicted Crisis in the Making

added: 30-06-2009

Karl W. Miller a senior energy executive and institutional investor issued the following statement through his advisors, regarding the state of the U.S. renewable energy and the cap-and-trade bill, called the American Clean Energy and Security Act recently passed by the Congress.

US Small Business Confidence Rises as Cash Flow Issues Decline

added: 29-06-2009

Economic confidence among small business owners rose slightly in June as cash flow concerns abated and the mood on the economy held steady, according to the latest Discover® Small Business WatchSM. The monthly index rose to 80.9, up from 78.1 in May.

New Research Reveals More Than 25 Percent of Mortgage Loan Defaults Are Strategic

added: 29-06-2009

While the Obama administration's housing policy has been largely influenced by a study of the Boston housing market during the 1990-91 recession in which homes devalued by approximately 10 percent, new research suggests that a novel phenomenon is at hand in the fallout of today's more severe housing crisis - strategic default on mortgage loans. Given that homes in numerous parts of the country have lost more than 30 to 40 percent of their value, many homeowners say they would simply walk away from their loans - without fear of repercussion.

American Time Use Survey 2008

added: 29-06-2009

The Bureau of Labor Statistics (BLS) of the U.S. Department of Labor released 2008 results from the American Time Use Survey (ATUS). This annual release of ATUS data focuses on the average amount of time per day in 2008 that individuals worked, did household activities, cared for household children, participated in educational activities, and engaged in leisure and sports activities.

Despite Economic Crisis, Financial Professionals Hold Their Own in Compensation Growth

added: 29-06-2009

CFOs, treasurers and their staff continued to earn larger raises than other white-collar workers during 2008. However, the people who manage finance at major organizations in North America were not exempt from the effects of the current recession as their salary increases were smaller than they had received in recent years. These are the key findings of the Association for Financial Professionals' (AFP's) 2009 Compensation Report.

Lack of Financial Education and Budgeting Can Have Implications on Lifestyle and Summer Vacations

added: 29-06-2009

With the start of summer, travel plans looming and news continuing about a slow-to-rebound economy, SunTrust Banks, Inc. released the results of the latest Solid Index - revealing that 40 percent of Americans' finances have kept them from achieving the things they want in life, while another 50 percent say they have recently spent less time or money on enjoyable activities because of money concerns. Despite this, Americans still maintained the same optimism felt in April's Solid Index when asked how "solid" they felt about the state of their personal finances.

Confectionery Industry Forecast Is Sweet

added: 28-06-2009

Experimenting with flavors, flexibility and variety, confectionery makers are thinking outside the bar to provide consumers with chocolate and candy innovation that will drive consumer purchasing over the next five years, according to the National Confectioners Association's (NCA) Confectionery Industry Trend Report 2009. Even in economic uncertainty, the industry continues to post gains.

Americans Make Staying Close to Hearth and Home a Money-Saving Priority

added: 28-06-2009

In a Huntington National Bank survey of more than 1,000 Americans, 77% said they had cut back on eating out, 72% said they had limited buying clothes and 49% said they no longer go to the movies in an effort to save money.

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