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Economic Meltdown Will Force Lawmakers, Consumers and the Public to Take a New Look at Rent-to-Own

added: 30-09-2008

The current economic crises threatening to tighten consumer credit will force consumers, analysts and lawmakers to embrace the no-obligation rent-to-own transaction in the American marketplace.

More Bank Bailouts In Europe, US

added: 30-09-2008

The credit crunch and the sharp loss of confidence since the failure of Lehman Brothers a fortnight ago claimed four victims in the European finance sector over the weekend and another major US bank.

Bailout Defeat: Congress Needs to Protect Individuals

added: 30-09-2008

The following is a Statement by Investment Research Expert Martin Weiss: "The failure of the House to pass the $700 billion bailout bill is injecting a new dose of uncertainty in to the stock market".

Fitch Revises Outlook for U.S. Life Insurance Sector to Negative

added: 30-09-2008

Fitch Ratings has revised its outlook for the U.S. life insurance sector to negative from stable, reflecting the significant deterioration in the credit and equity markets, and the expected impact of realized and unrealized investment losses on life insurers' capital levels and profitability.

Watson Wyatt Identifies Trends for Benefits Open Enrollment Season

added: 30-09-2008

Open enrollment season throughout corporate America is rapidly approaching, and that means millions of workers will be making important decisions about their employee benefit coverage for next year. This year's menu of options will feature an increased emphasis on personal health behaviors as well as enhancements that give workers access to new health services and programs, according to benefit consultants at Watson Wyatt Worldwide, a leading global consulting firm.

Consumers Less Confident in the Strength of the Financial System

added: 30-09-2008

Fully 71 percent of consumers are confident in the financial strength of their primary personal bank. In contrast, only 44 percent of consumers are confident in the financial strength of banks in general. The high level of confidence in consumers' primary banks - and the lack of confidence in banks in general - was measured during a survey conducted September 9 to 16, the week leading up to the bankruptcy of Lehman Brothers and the rescue of AIG.

More American Families are Renting

added: 30-09-2008

The increasing number of housing foreclosures seen across the nation have turned more and more homeowners toward the rental market.

Holiday Shopping 2008: Diamonds vs. Coal in the Stocking?

added: 30-09-2008

Iconoculture, a cultural trend research company, is examining the trends in holiday giving for 2008 in light of today's economic reality. In 2008, Americans dramatically changed the way they shop. The mortgage meltdown, the domino effect of rising petroleum prices, the trading-down trend, the adoption of a myriad of ways to save dollars at the point-of-sale - all these have forced consumers to be smarter shoppers.

U.S. Companies Focusing on Corporate Governance, Shareholder Rights

added: 30-09-2008

U.S. public companies are becoming increasingly more responsive to good corporate governance practices and to the interests of their shareholders, as exemplified by the rise of majority voting, the decline of both classified boards and poison pills, and increased efforts to improve transparency on executive compensation, according to Shearman & Sterling’s sixth annual Corporate Governance Survey of the largest U.S. public companies.

Commission Adopts Multi-Annual Planning of Financial Assistance to the Western Balkans and Turkey

added: 30-09-2008

The Commission has completed the strategic planning of EU financial support for 2008-2010 to the candidate countries and potential candidates: Croatia, Turkey, the Former Yugoslav Republic of Macedonia, Albania, Bosnia and Herzegovina, Montenegro, Serbia, and Kosovo.

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