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Emerging Markets Will Be Pivotal in the Digital Economy, Says Oxford Economics

added: 08-06-2011

By 2020, the E7 (Brazil, Russia, India, China, Mexico, Indonesia and Turkey) will hold a bigger share of world GDP than the G7, according to a study released by Oxford Economics. The shift of economic power from West to East - accelerated by one of the world's worst recessions - is combining with leaps in technology to propel emerging market growth. The result is a virtuous circle as technology boosts local consumer income and demand, and drives the use of capital and resources.

CFOs Report On Third-Quarter Hiring Plans: Nine in 10 Executives Confident About Business Growth

added: 08-06-2011

Chief financial officers (CFOs) are optimistic about their businesses for the coming quarter, according to the Robert Half Financial Hiring Index. Nine in ten (90 percent) executives interviewed reported confidence in their companies' third-quarter growth prospects, with 43 percent saying they are very confident.

Soaring Healthcare Expenses Top Retirement Concerns of Middle-Income Americans, New Study Unveils

added: 08-06-2011

Healthcare expenses, inflation and outliving their money are the top three financial concerns that the majority (78 percent) of America's middle-income Baby Boomers have about retirement, according to a new study released by the Bankers Life and Casualty Company Center for a Secure Retirement(SM) (CSR).

Shopping To Improve the World Takes Off

added: 08-06-2011

Representative research of the 16 highest-ranked countries in terms of GDP was conducted by Letsheal.org and verified by Prof. Dirk Salomons (Columbia University, NY). The study shows: 64% prefer brands that help consumers help others. Researchers related this to mankind's growing universal search for meaning. The study indicated only 16% are NOT searching.

Mortgage Rates Lowest Since Thanksgiving

added: 08-06-2011

Mortgage rates fell for an eighth consecutive week, with the benchmark conforming 30-year fixed mortgage rate falling to 4.69 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.39 discount and origination points.

Industrial Producer Prices up by 0.9% in Euro Area in April 2011

added: 07-06-2011

In April 2011 compared with March 2011, the industrial producer price index rose by 0.9% in the euro area (EA17) and by 1.0% in the EU27. In March prices increased by 0.8% and 1.2% respectively.

U.S. Employment Situation in May 2011

added: 07-06-2011

Nonfarm payroll employment changed little (+54,000) in May, and the unemployment rate was essentially unchanged at 9.1 percent, the U.S. Bureau of Labor Statistics reported. Job gains continued in professional and business services, health care, and mining. Employment levels in other major private-sector industries were little changed, and local government employment continued to decline.

International Trade Statistics: Trends in First Quarter 2011

added: 07-06-2011

Merchandise trade continued to grow strongly across major economies in the first quarter of 2011. Total imports of G7 and BRICS countries grew by 11% in the first quarter compared to 8.2% in the previous quarter. Total exports grew by 8.5%, compared to 8.2% in the previous quarter.

Russia Should Boost Innovation to Drive Economic Growth, says OECD

added: 07-06-2011

Russia should increase protection of intellectual property, strengthen competition and invest more in research and development to boost innovation and entrepreneurship across its economy, according to a new OECD report.

comScore Reports April 2011 U.S. Mobile Subscriber Market Share

added: 06-06-2011

comScore, Inc., a leader in measuring the digital world, released data from the comScore MobiLens service, reporting key trends in the U.S. mobile phone industry during the three month average period ending April 2011. The study surveyed more than 30,000 U.S. mobile subscribers and found Samsung to be the top handset manufacturer overall with 24.5 percent market share. Google Android led among smartphone platforms with 36.4 percent market share.

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