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Attractive Discounts Bring Deluge of Buyers to Retail Sites on Cyber Monday

added: 05-12-2008

comScore released additional insights into online consumer activity on Cyber Monday, revealing where the majority of dollars spent originated as well as traffic gains for major retail sites.

Polls and the U.S. Auto Industry

added: 05-12-2008

The intense debate underway about the future of the American auto industry has generated a lot of discussion about the public's attitudes.

Central Banks: Rate Cuts Accelerate As Growth Vanishes

added: 05-12-2008

The gathering pace of the global slump is forcing more and more central banks to hack their official interest rates lower. The Bank of England chopped its rate by 1% to 2%, the lowest in almost 60 years; the European Central Bank lopped 0.75% off its key rate to 2.5% and the Bank of Sweden dropped its key rate by a huge 1.75% to 2%.

Bank of America: Americans Are Further from Achieving Their Retirement Goals Amidst Weakening Economy

added: 05-12-2008

A growing number of Americans are concerned that the current economic crisis is threatening to leave them further behind on their retirement plans, according to a new survey released by Bank of America.

EU: Small Business Act Will "Have A Significant Positive Effect On The Environment For SMEs"

added: 05-12-2008

SMEs are crucial to Europe's economy, providing over 100 million jobs. In view of the current financial market crisis, the European Council must confirm that it will formally approve the Small Business Act and make its provisions binding, say MEPs in a resolution put forward by the EPP-ED and Socialist groups.

Financial Fears Grow, But Cooler Heads Prevail...

added: 05-12-2008

New research from the Principal Financial Well-Being IndexSM reveals an inverse relationship between fear and basic financial behavior. While financial well-being concerns continue to escalate, Americans are "digging in their heels" and staying the course when it comes to their retirement savings.

The Leading Index for the U.K Declined 1.7 Percent in October 2008

added: 05-12-2008

The Conference Board announced that the leading index for the U.K declined 1.7 percent, and the coincident index increased 0.1 percent in October.

Bankrate: Mortgage Rates Fall Further

added: 05-12-2008

Mortgage rates dipped again this week, with the average 30-year fixed mortgage rate falling from 5.97 percent to 5.92 percent. According to Bankrate.com's weekly national survey, the average 30-year fixed mortgage has an average of 0.37 discount and origination points.

Monster Employment Index Declines in November 2008

added: 05-12-2008

The Monster Employment Index fell seven points in November, as further economic uncertainty and workforce reductions continued to weigh on U.S. online recruitment activity. Year-over-year, the Index is now down 22 percent, with U.S. online job availability at its lowest level since 2004.

EU: €1 Billion Budget Facility For Rapid Response To Soaring Food Prices In Developing Countries

added: 05-12-2008

The European Parliament adopted a report by Gay MITCHELL (EPP-ED, IE) which says that the Commission's proposal for a 1-billion-euro fund to address the food crisis is a major, and very timely, contribution to meeting this urgent challenge. The report sets out that the total financial reference amount for the implementation of this Regulation over the period 2008-2010 will be €1 billion.

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