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U.S. Teens' $80 Billion Income Primed for Plastic

added: 12-01-2008

With 24.8 million boys and girls age 12-17 representing a total yearly income of $80 billion, today's trendy and hyper-brand-aware teens are prime targets for plastic - debit, credit, and gift cards that is! Yet, according to Teens, Money, Payment Cards and Financial Services in the U.S., a new report from Packaged Facts, for financial institutions it's not the profits these teens generate in the short term that's most important.

Will That Be Visa, PayPal or Google?

added: 12-01-2008

Three out of 10 major online retailers offered new payment methods as an alternative to credit cards in December 2007, according to a study by Brulant.

Gas Prices as No. 1 Economic Concern

added: 12-01-2008

In a recent Wall Street Journal/NBC News poll, Americans cite gasoline prices as the economic woe that most affects them. The Car Care Council warns that putting off vehicle care and maintenance can make matters worse. Proper vehicle maintenance will increase miles per gallon.

OECD Composite Leading Indicators Signal a Downswing in all Major OECD Economies

added: 11-01-2008

The latest composite leading indicators (CLIs) suggest that a moderate slowdown in economic activity lies ahead in the OECD area. November 2007 data indicate a slowdown in all major seven economies except the
United States, Germany and the United Kingdom where only a downturn is observed. The latest data for major OECD non-member economies point to continued steady expansion in China and Brazil, improved performance in Russia but a weakening outlook for India.

European IPO Activity Slows in 2007

added: 11-01-2008

Thirty-eight venture-backed European companies completed initial public offerings (IPOs) in 2007, raising 893.6 million euro, according to European Liquidity Report from Dow Jones VentureSource. This is down 49% from 2006, which saw 1.74 billion euro raised through 89 venture-backed IPOs, and is a sharp contrast to the United States' robust IPO market.

Post-Holiday Blues Send Consumer Confidence to Lowest Level in Six Years

added: 11-01-2008

Instead of bringing consumers a sense of renewed optimism, the New Year brought a severe case of post-holiday blues which have taken a serious toll on consumer sentiment, according to the most recent results of the RBC CASH (Consumer Attitudes and Spending by Household) Index.

OECD Standardised Unemployment Rate falls to 5.5% in November 2007

added: 11-01-2008

The standardised unemployment rate for the OECD area was 5.5% in November 2007, 0.1 percentage point lower than the previous month and 0.4 percentage point lower than a year earlier.

Euro Area Investment Fund Statistics in 3rd Quarter 2007

added: 11-01-2008

The total assets of euro area investment funds decreased to EUR 5,895 billion at end-September 2007, from EUR 5,989 billion in June 2007. This development was mainly due to a decrease in the amounts outstanding of shares and other equity, from EUR 2,216 billion to EUR 2,172 billion, and of securities other than shares, from EUR 2,044 billion to EUR 2,014 billion.

The Leading Index for Korea Increased 0.5 Percent in November 2007

added: 11-01-2008

The Conference Board announced that the leading index for Korea increased 0.5 percent, while the coincident index declined 0.2 percent in November.

US Job Openings and Labor Turnover in November 2007

added: 11-01-2008

On the last business day of November, there were 4.0 million job openings in the United States, and the job openings rate was 2.8 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported.

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