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New U.S. Consumer Survey Shows High Distrust of Financial Services Companies

added: 21-01-2009

As Congress calls for additional oversight of federal bailouts for financial services firms, a new study of American consumers shows the public shares congressional distrust of these companies.

Mortgage Rates Shift Up Slightly Last Week, but Remain Below 5.00%

added: 21-01-2009

The weekly average rate borrowers were quoted on Zillow for thirty-year mortgages rose slightly last week to 4.96 percent, up from 4.92 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com(R).

Poor Economy Strains Family Relationships

added: 20-01-2009

The struggling economy is straining more than just the family pocketbook these days, according to a new survey by COUNTRY Financial. Three in four Americans admit the economic downturn is heaping more stress on their family and one-third say it has sparked more arguments with their spouse or children.

Managing Employees at Distant Sites is Becoming a Reality of Doing Business

added: 20-01-2009

As signs of an economic turnaround remain elusive, business leaders are becoming more focused on increasing employee productivity.

U.S. VC Investment Slips 8% to $28.8 Billion in 2008 as Year Closes with Slowest Quarter Since 2005

added: 19-01-2009

Venture capital investment in U.S. companies hastened its descent in the fourth quarter of 2008 with 554 deals garnering $5.5 billion, down 30% from the $7.9 billion invested in 718 deals during the same period in 2007 and the lowest quarterly investment the industry has seen in three years, according to statistics released by Dow Jones VentureSource. In total, 2008 saw 2,550 deals completed and $28.8 billion in venture capital invested in U.S. companies, down 8% from 2007 when $31.4 billion was invested in 2,823 deals but still ahead of the $28.2 billion invested in 2006.

CEO Confidence Hits All-Time Low, The Conference Board Reports

added: 19-01-2009

The Conference Board Measure of CEO Confidence, which had posted a slight increase in the third quarter, declined sharply in the fourth quarter of 2008. The Measure currently stands at 24, down from 40 in the third quarter (a reading of more than 50 points reflects more positive than negative responses). The survey includes about 100 business leaders in a wide range of industries.

US Consumer Price Index: December 2008

added: 19-01-2009

The Consumer Price Index for All Urban Consumers (CPI-U) decreased 1.0 percent in December, before seasonal adjustment, the Bureau of Labor Statistics of the U.S. Department of Labor reported. The December level of 210.228 (1982-84=100) was 0.1 percent higher than in December 2007.

More Americans Focusing on Personal Energy Use to Save Money in Current Economic Downturn

added: 19-01-2009

The majority of middle class Americans want to do their part to use less energy, but are more likely to act if the change will save them money, according to a national survey on energy conservation released by the Burton G. Bettingen Foundation. Seventy-three percent of respondents indicated that they were concerned or very concerned about energy conservation. Nearly half (46%) indicated that they see energy conservation as a way to save money.

American Well-Being, Quality of Life Plummet in the Midst of U.S. Financial Crisis

added: 19-01-2009

The economic meltdown during the second half of 2008 fundamentally altered the well-being of millions of Americans, negatively impacting numerous aspects of life beyond job security and finances. That’s according to fresh evidence published from the groundbreaking Gallup-Healthways Well-Being Index (WBI), on the occasion of the Index’s one year anniversary.

US Real Earnings in December 2008

added: 19-01-2009

Real average weekly earnings rose by 0.6 percent from November to December after seasonal adjustment, according to preliminary data released by the Bureau of Labor Statistics of the U.S. Department of Labor.

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