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The Conference Board Leading Economic Index® (LEI) for the Euro Area Falls in May 2010

added: 29-06-2010

The Conference Board Leading Economic Index® (LEI) for the Euro Area declined 0.5 percent and The Conference Board Coincident Economic Index® (CEI) increased 0.1 percent in May.

EU27 Tax Ratio Fell to 39.3% of GDP in 2008

added: 29-06-2010

The overall tax-to-GDP ratio1 in the EU27 was 39.3% in 2008, the first year of the economic and financial crisis, compared with 39.7% in 2007. The EU27 tax ratio was 40.6% in 2000, fell to 38.9% in 2004 and then rose until 2007.

Almost Nine in Ten Americans Give Congress Negative Ratings

added: 29-06-2010

Normally in politics the one thing that can be counted on is that Republicans and Democrats will think differently about most issues. But, when it comes to how Congress is doing their job, it does not matter what party label someone has - they all give Congress negative ratings. More than four in five Americans (86%) give the overall job Congress is doing a negative rating while just 14% give it positive marks.

Bankrate: Mortgage Rates Keep Dropping

added: 29-06-2010

Mortgage rates fell to yet another low point this week, with the average conforming 30-year fixed mortgage rate dropping to 4.81 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.44 discount and origination points.

Gartner Says Number of Worldwide Mobile Payment Users to Reach 108.6 Million in 2010

added: 28-06-2010

The number of mobile payment users worldwide will exceed 108.6 million in 2010, a 54.5 percent increase from 2009, when there were 70.2 million users, according to Gartner, Inc. Mobile payment users will represent 2.1 percent of all mobile users in 2010.

Chinese Foreign Direct Investment (FDI) in the United States Creates New American Jobs

added: 28-06-2010

Chinese foreign direct investment (FDI) in the United States creates new American jobs, maintains existing ones, provides important new sources of capital, develops infrastructure and ultimately serves to strengthen U.S.-China commercial ties finds AmCham Shanghai's latest Viewpoint - Chinese FDI in the US: Causes, Case Studies and the Future.

Personal Financial Knowledge Has Gone up, but Americans Still Aren't Making the Right Financial Moves

added: 28-06-2010

Americans still aren't making the most of hard-learned credit lessons, according to the results of a survey conducted online from May 20-24, 2010 by Harris Interactive® on behalf of Lending Club, the leading U.S. peer lending network. Most adults know their credit scores (69 percent) and most adults with credit cards know their credit card interest rates (83 percent). However, those that know their rates are still paying too much (64 percent pay 14 percent or more). Sixty-five percent of credit card users don't bother negotiating for better interest rates even though 93 percent know they can.

The Conference Board Leading Economic Index® (LEI) for Mexico Increased 0.7 Percent in April 2010

added: 28-06-2010

The Conference Board Leading Economic Index® (LEI) for Mexico increased 0.7 percent and The Conference Board Coincident Economic Index® (CEI) increased 0.5 percent in April.

Negotiated Pay Outstrips Prices in 2009

added: 28-06-2010

Despite moderate collectively agreed nominal pay increases across the European Union in 2009, the dramatic drop in the annual inflation resulted in significant pay increases, according to new data from Eurofound’s European Industrial Relations Observatory (EIRO). The annual update on pay developments in Europe found that differences in pay and price trends between the former EU15 countries and the 12 new EU Member States remained large, with average pay rises in the new Member States 1.9 times higher than in the former EU15 Member States.

China: Industrial Profit Shot up From January to May 2010

added: 28-06-2010

From January to May, the industrial enterprises above designated size (all state-owned enterprises and non-state-owned enterprises with an annual sales over 5 million yuan, same as follow) reached 1,539.65 billion yuan, rose by 81.6 percent year-on-year.

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