Countless Americans struggling with credit card debt have been seduced by the slick advertisements for debt settlement companies for years. Now, new rules instituted by the Federal Trade Commission next month will help to curb the predatory and unscrupulous elements of the industry, according to A New Horizon Credit Counselling Services, a nonprofit credit counseling [...]
The Wall Street Journal Reports:- Durable-goods data triggered a rally on Wall Street and Europe followed suit. Orders for durable goods dropped 1.3% in August, the Commerce Department reported. But excluding transportation, new orders rose 2%. Also, investors focused on the fact that orders for nondefense capital goods excluding aircraft increased 4.1% in August. “The [...]
Adobe, the maker of Photoshop software, should have build on its post-recessionary good results with the up to date release of its Creative Suite software. That includes the flagship photo-editing package with Illustrator, Flash and others. But low sales to the U.S. education sector and in Japan mean the current quarter will miss expectations. Creative [...]
U.S. gold futures ended lower on Tuesday after rallying to all-time highs in the last three sessions, as positive U.S. housing data and jitters ahead of a Federal Reserve policy statement prompted bullion investors to take profits. COMEX December gold futures GCZ0 settled down $6.50 at $1,274.30 an ounce on the COMEX division of the [...]
An international report about Alzheimer’s disease suggests that the global economic impact of dementia costs about $604 billion or 1% of the global Gross Domestic Product, indicating that the financial toll of caring for patients with Alzheimer’s is substantial and expected to rise. World Alzheimer Report Findings The report, released by Alzheimer’s Disease International for [...]
“Know Your Customer” (KYC) online services is implemented by Baker Tilly International, the world’s 8th largest accountancy and business advisory network starting today to strengthen its international AML compliance procedure after making a competitive review on its existing provisions. According to Baker Tilly the KYC will be available to its 147 members. Baker Tilly International [...]
A new worldwide live audio on global economy, financial news, commentaries, and alerts will be broadcast via Internet tailored to FX marketplace is now available through a new portal www.talking-forex.com for only GBP 20. Talking-Forex.com is initiated by business partners Real-time Analysis and News Ltd, providers of the acclaimed RANsquawk service. According to them, the program [...]
President Barack Obama’s latest plan to stimulate the country’s economy by pushing the Congress to pass the Small Business Bill will benefit small companies like the publicly traded penny stocks with a share price of $ 5 or lower. In a press conference this week President Obama said, “America’s small businesses are counting on us.” [...]
Americans are still optimistic about their financial future. According to a recent survey 7 out of 10 Americans are confident that their financial situation will improve within the next two years, while 23% believe that they are VERY POSITIVE within the next two years will be more financially secure. Data from Weber Shandwick and KRC [...]
Barclays Bank has announced that Bob Diamond is moving up from President to CEO from next March. Diamond has forged most of his career in investment, rather than retail, banking. The American now aged 59, has run Barclays Capital for the last 13 years. Barclays led by its soon to be ex-chief executive, John Varley [...]