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New Ad Questions Financial Bailout Without Conditions

added: 24-09-2008

With people across the country calling for greater oversight of the Bush administration's proposed $700 billion bailout of the financial markets, a new ad in The New York Times and on several blogs asks pointed questions that need to be answered before Congress hands the administration massive amounts of taxpayer money and unlimited power.

People Seeking Credit Counseling in August Earned $49,308 Annually

added: 24-09-2008

People seeking budget and debt counseling in August had an average annual household income of $49,308, an amount far above historic levels for people seeking this service, reports Consumer Credit Counseling Service (CCCS) of Greater Atlanta.

Mortgage Rates Remain Flat Despite Drama on Wall Street

added: 24-09-2008

Mortgage rates have remained relatively flat over the past week, with rates for 30-year fixed mortgages increasing slightly to 5.78 percent, up from 5.77 percent the week prior according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com(R).

Venture Capital Community Not Worried About Greentech Investment Bubble, See Significant Increase in 2009 Funding

added: 24-09-2008

The venture capital community is not worried about a greentech investment bubble, and expect investment in the greentech sector to significantly increase in 2009, according to a recent survey by the U.S. audit, tax and advisory firm KPMG LLP.

US Mass Layoffs in August 2008

added: 24-09-2008

In August, employers took 1,772 mass layoff actions, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, the Bureau of Labor Statistics of the U.S. Department of Labor reported. Each action involved at least 50 persons from a single employer; the number of workers involved totaled 173,955, on a seasonally adjusted basis.

Standard & Poor's Announces June Results of the S&P/GRA Commercial Real Estate Indices

added: 24-09-2008

Standard & Poor's today announced the June results for the S&P/GRA Commercial Real Estate Indices. Nationally, commercial real estate prices are up +1.5% versus June 2007.

Fitch: U.S. CMBS Delinquencies Inch up in August on Weakening Retail

added: 23-09-2008

Early signs of expected retail property weakness caused U.S. CMBS delinquencies to tick up one basis point in August 2008 to 0.44% from 0.43%, according to the latest Fitch Ratings loan delinquency index.

US Technology Exports Total $214 Billion in 2007

added: 23-09-2008

U.S. high-tech merchandise exports totaled $214 billion in 2007, decreasing three percent from $220 billion in 2006, according to AeA's Trade in the Cyberstates 2008, a study that looks at high-tech trade flows at the national level and tech goods exports for all 50 states, the District of Columbia, and Puerto Rico.

US Economy: Dollar Down, Commodities Surge

added: 23-09-2008

The US dollar turned and commodities rebounded strongly as markets took fright at the ramifications of not only the $US700 billion bail out plan, but its transformation into a garbage bin for all sorts of failed financial assets, even shares.

Report Reveals Substantial State-Level Job Gains From New Nuclear Construction

added: 23-09-2008

A substantial program of new investment in nuclear energy infrastructure will generate peak employment of 350,000 and cumulative GDP of $542 billion over twenty years, according to a report prepared by Oxford Economics for the American Council on Global Nuclear Competitiveness. These benefits will be realized across manufacturing, construction, and host of other economic sectors.

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