Archive for Legal/Finance

Labor Markets Mixed in Advanced Economies

Jan 17, 2014 No Comments

NEW YORK, Jan. 17, 2014 /PRNewswire/ — Labor markets are mixed across many advanced economies, according to unemployment rates and employment growth data compiled and standardized by The Conference Board International Labor Comparisons (ILC) program for November. The unemployment rate in November rose in three of the nine countries compared, was unchanged in three, and fell in three. The U.S. [...]

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What’s the Going Rate for Allowances These Days?

Jan 16, 2014 No Comments

NEW YORK, Jan. 16, 2014 /PRNewswire/ – For many of us it was our first source of income, and the first time we experienced the agonizing choice between small bursts of instant gratification versus the long game for saving for something special. Half of Americans (50%) say they received an allowance when they were growing up, and [...]

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One in Four Americans Spent Less Than Expected During Holidays

Jan 14, 2014 No Comments

NEW YORK, Jan. 14, 2014 /PRNewswire/ – Slightly more than one in four Americans (26%) spent less than they expected during the holiday shopping season, according to a new Bankrate.com (NYSE: RATE) report. Only 14% of Americans spent more than expected; more than half (57%) spent about what they expected. The tightfistedness was fairly universal: no age group [...]

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Inflation Increased in Most Advanced Economies

Jan 10, 2014 No Comments

NEW YORK, Jan. 10, 2014 /PRNewswire/ — In November, inflation as measured by the Harmonized Index of Consumer Prices (HICP) increased in 10 of 16 countries and areas compared. Japan and Germany experienced the largest increase in inflation (0.4 percentage points), followed by the U.S. (0.3 percentage points). Price growth remained stable in Denmark, Norway and Austria, and slowed in Italy, the United Kingdom, and the Netherlands. After three [...]

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Study: CFOs Are Optimistic On 2014 Company Performance

Jan 09, 2014 No Comments

PHILADELPHIA, Jan. 9, 2014 /PRNewswire-USNewswire/ — The CFO Alliance – a global community of senior financial leaders and decision makers, promoting connectivity and knowledge sharing amongst leading financial executives – along with national partner and contributor Drinker Biddle & Reath, today released the 2014 CFO Sentiment and Planning Study. The annual study surveyed a broad sample of [...]

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Moderate Growth Predicted for the Global Economy in 2014

Jan 08, 2014 No Comments

SEATTLE and LONDON, Jan. 8, 2014 /PRNewswire-USNewswire/ –According to Colliers International, the global economy will grow slowly in 2014, with gross domestic product (GDP) growth remaining below five percent in most countries. This and other global insights are included in a report, 25 Predictions for 2014, which also forecasts expansion in second-tier markets as global investors look for new [...]

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Democrats and Republicans Sharply Divided on 2014 Economic Prospects

Jan 07, 2014 No Comments

NEW YORK, Jan. 7, 2014 /PRNewswire/ – As one year draws to a close and another begins anew, it’s time for Americans to plan out the year to come. What financial resolutions might they be making? And what sort of economic changes do they expect 2014 to bring for the nation as a whole? A recent Harris Poll [...]

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Mortgage Rates End 2013 On An Up Note

Jan 03, 2014 No Comments

NEW YORK, Jan. 3, 2014 /PRNewswire/ — Mortgage rates increased for a third consecutive week, with the benchmark 30-year fixed mortgage rate moving up to 4.69 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.32 discount and origination points. The average 15-year fixed mortgage was up modestly to 3.73 [...]

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Forecast: Cautious Hiring to Continue in the New Year

Jan 02, 2014 No Comments

CHICAGO, Jan. 2, 2014 /PRNewswire/ — Caution remains a staple in recruitment plans.  CareerBuilder’s annual forecast shows that debt issues in Washington may continue to play a part in impeding a more accelerated jobs recovery.  Twenty-four percent of companies reported that they will add full-time, permanent employees in 2014, down two percentage points from 2013.  Nearly one [...]

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Uptick in Wage Growth Likely in 2014, WTI Shows

Dec 18, 2013 No Comments

ARLINGTON, Va, Dec. 18, 2013 /PRNewswire-USNewswire/ — The pace of private-sector wage growth likely will pick up in the latter half of next year, according to the revised fourth-quarter Wage Trend Indicator™ (WTI) released today by Bloomberg BNA, a leading publisher of specialized news and information. The index rose to 98.78 (second quarter 1976 = 100) from 98.70 in the [...]

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Report: Economic Recovery to Gain Speed as Fiscal Drag Dissipates

Dec 17, 2013 No Comments

CHERRY HILL, N.J., Dec. 17, 2013 /PRNewswire/ — After a year that started with a fiscal cliff and ended with the first bipartisan budget deal in years, diminishing fiscal drag should give way to faster economic growth over the next two years, according to a new report by TD Economics, an affiliate of TD Bank, America’s Most [...]

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Survey: A Staggering 87 Percent of Employees No Longer Trust Their Bosses

Dec 16, 2013 No Comments

NOTTINGHAM, England, Dec. 16, 2013 /PRNewswire/ – Will your office have that empty feeling come the New Year? If so, it could be because most of your co-workers don’t trust the boss and want to move on, says social media-based recruitment specialist staffbay.com. A new survey by staffbay.com finds that over 87 percent of people will be looking for a new [...]

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Americans Less Likely to Say 18 of 19 Industries are Honest and Trustworthy This Year

Dec 13, 2013 No Comments

NEW YORK, Dec. 13, 2013 /PRNewswire/ — For the past decade, The Harris Poll has measured the percentage of Americans who perceive 19 large industries as “generally honest and trustworthy.” This year, this perception has dropped for 18 of the 19 industries, as overall U.S. adults seem to have lost trust in most of corporate America. And, the only one [...]

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Build Memories Into Your Holiday Budget And Save This Shopping Season

Dec 12, 2013 No Comments

FORT COLLINS, Colo., Dec. 12, 2013 /PRNewswire-USNewswire/ – Christmas is only a few weeks away and GreenPath Debt Solutions, a nationwide, non-profit credit counseling and education organization, wants to remind consumers that, amongst all the gift-giving, they should make memories a big part of their holiday season. “First, remember what the season really means to you and your [...]

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Commodity Market Decreased Slightly in November Due to Macroeconomic Uncertainty

Dec 11, 2013 No Comments

NEW YORK , Dec. 11, 2013 /PRNewswire/ – Commodities were lower in November due to uncertainty regarding the future of US stimulus measures. Nelson Louie, Global Head of Commodities in Credit Suisse’s Asset Management business, said, “There is increasing optimism among some economists that global GDP will accelerate from a trough of 2.8% in the third quarter of 2013 [...]

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5 Tips For Buying Travel Insurance For Holiday Season

Dec 09, 2013 No Comments

WARWICK, R.I., Dec. 9, 2013 /PRNewswire/ – Whether you’re actually traveling for holiday-related celebrations, or just considering a winter vacation during this peak travel time, careful advance planning can make a big difference in how your experience unfolds. As with most travel planning, taking the possible need for insurance into account is something worth considering – because of [...]

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Survey: Workers Can Expect Holiday Cheer in the Office This Year in the Form of Bonuses, Parties, and Gifts

Dec 06, 2013 No Comments

CHICAGO, Dec. 6, 2013 /PRNewswire/ — Workers have reason for holiday cheer this season as employers continue to give back to their employees with holiday perks (bonuses, parties and gifts). The national survey was conducted online by Harris Interactive© from August 13 to September 6, 2013, and included a representative sample of 3,484 workers and 2,099 hiring managers [...]

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SBA Accepting 2014 National Small Business Week Award Nominations

Dec 05, 2013 No Comments

FRESNO – Each year during National Small Business Week, the U. S. Small Business Administration (SBA) recognizes outstanding small business owners for their contribution to the American economy and society.  Small Business week will be celebrated nationally May 12 – 16, 2014. SBA is currently accepting nominations for several SBA awards including the 2014 Small [...]

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Survey: Over 90 Percent of U.S. Companies Are Changing Existing Business Models

Dec 03, 2013 No Comments

NEW YORK, Dec. 3, 2013 /PRNewswire/ – More than nine out of 10 U.S. companies are changing business models to meet customer demands, embrace and leverage disruptive technologies, and remain competitive in the global business landscape, according to research from audit, tax and advisory firm KPMG LLP. A survey of executives from more than 900 U.S.-based multinational companies found [...]

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Happy Thanksgiving from Business Street Online

Nov 28, 2013 No Comments

The Business Street Online offices will be closed today and tomorrow in observance of Thanksgiving.  We hope you will spend this holiday surrounded by loved ones, and counting the blessings that have come upon you in the past year.  May the joy and the spirit of this season be on you all!

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