Tag Archive | "economy"
Bankrate: Mortgage Rates Retreat
Mortgage rates broke a streak of three weekly increases, with the average conforming 30-year fixed mortgage falling back to 5.21 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.38 discount and origination points. To see mortgage rates in your area, go to http://www.bankrate.com/funnel/mortgages/ The average 15-year fixed mortgage pulled [...]
Continue reading...Landrieu: Economy Improving, But More Help Needed
Saturday, April 3, 2010
United States Senator Mary L. Landrieu, D-La., Chair of the Senate Committee on Small Business and Entrepreneurship, made the following statement on the announcement that approximately 162,000 Americans were put back to work in the month of March: “Last month, approximately 162,000 Americans were put back to work - a sign that the measures Congress is [...]
Continue reading...Tax Refunds will be at Highest Level in Years
Thursday, April 1, 2010
Use Yours to Jump-Start Your Own Road to Financial Recovery Tax refunds are up 10 percent this year with an average household refund of $3,036 or $266 higher than a year ago, according to the federal government. The increase this year is largely due to the tax benefits available under the government’s stimulus package. The added [...]
Continue reading...New Study Shows S Corporation ESOPs Outperformed Other Companies During the Recent Recession
Thursday, March 25, 2010
A Georgetown University/McDonough School of Business study released today found that, in the most recent economic recession, Subchapter S business companies owned by their employees through employee stock ownership plans (ESOPs) demonstrated considerable resilience and performed better than other companies in providing for workers’ retirement security, job creation, and revenue growth. Economists Phillip Swagel and Robert [...]
Continue reading...MassMutual Sees Continued Momentum in the Nonprofit Market
Wednesday, March 10, 2010
MassMutual’s Retirement Services Division has been selected by the Thames Valley Council for Community Action, Inc. (TVCCA) as the new provider for the organization’s $5.2 million 401(a) and $4.4 million 403(b) retirement plans. TVCCA, based in southeastern Connecticut, is a private, nonprofit corporation that has been providing social services to economically and otherwise disadvantaged citizens in [...]
Continue reading...The Impact of the Recession on Travel to Europe 2009/10
Monday, February 8, 2010
Over the past year the credit card crunch has seen the nation tighten its belt and feel the squeeze. The prosperous era of ’splashing out’ has come to an abrupt end and given way to feelings of thrift and frugality that have led us all to keep a beady eye on the balance sheet. The [...]
Continue reading...Debt Settlement Foundation Helps Consumers Reach Financial Freedom in 2010
Monday, February 1, 2010
The Debt Settlement Foundation announces its launch of a new website to help consumers eliminate debt, modify their spending habits, and focus on a solution that will guide them to a more financially stable life. “At the Debt Settlement Foundation, we help clients settle their total outstanding unsecured credit balances significantly,” says Debt Settlement Foundation [...]
Continue reading...New Bill Signed by President Obama Allows Taxpayers to Claim Haiti-Related Contributions on 2009 Tax Return
Monday, January 25, 2010
Jackson Hewitt® Alerts Taxpayers About Options for Claiming Taxpayers wishing to lend their support to relief efforts in Haiti now have an additional incentive to do so, thanks to new legislation signed into law by President Obama. Through the new bill, H.R. 4462, taxpayers have two options regarding monetary contributions for Haitian Earthquake Relief. They can [...]
Continue reading...China’s Economy Not a Bubble
Friday, January 22, 2010
It was announced today that China’s GDP grew 10.7% last quarter over a year ago, its fastest pace since 2007. There is now speculation that China’s central bank will start raising their benchmark interest rate in order to tighten debt lending in the country. In fact, China’s central bank last week raised reserve requirements and [...]
Continue reading...Uncle Sam Down and Out as Congress Prepares to Raise Debt Ceiling
Wednesday, January 20, 2010
Today the Employment Policies Institute’s (EPI) “Defeat the Debt” campaign will station eleven destitute Uncle Sams in New York City’s Times Square to beg for $12 trillion from taxpayers. The appearance comes one day before Congress is scheduled to begin debate on raising the debt ceiling, as the nation’s $12.3 trillion debt is coming dangerously [...]
Continue reading...Consumers’ Perception of the Economy Remains Negative; Businesses Slightly More Upbeat, but Indicate Job Cuts Will Continue
Saturday, January 16, 2010
Over half of consumers in the U.S. hold a negative position on the economy as they continue to see a decrease in household assets and an increase in personal debt The latest information from two of TNS’ banking research studies show consumer perceptions of the U.S. economy remain predominantly negative. According to the studies, consumer [...]
Continue reading...70% of Americans Think It’s Harder To Get Rich Now Than It Used To Be
Wednesday, January 13, 2010
New Bankrate poll shows that Americans are less confident that they and their peers can find wealth in 2010 A new study released by Bankrate, Inc. shows that the majority of Americans think wealth is beyond their reach and that it won’t be easier to get rich any time soon for retirement. The poll, conducted [...]
Continue reading...Survey Finds Employees Spend 19 Hours A Week Worrying About Boss Behavior
Wednesday, January 13, 2010
Workplace Expert, Author, Provides Career Tips for 2010 and Beyond According to a new business survey released today by national workplace expert Lynn Taylor, author of Tame Your Terrible Office Tyrant –TOT (John Wiley & Sons), U.S. employees spend 19.2 hours a week (13 hours during the work week and 6.2 hours on the weekend) worrying [...]
Continue reading...Top Five Financial Tips for the New Year
Friday, December 25, 2009
Tips Help Consumers Keep Their Financial House in Order for 2010 Affinity Federal Credit Union has created a list of financial tips for the New Year to help consumers keep their financial houses in order as we head into 2010. Now that the New Year is upon us, there is no better time to re-evaluate your [...]
Continue reading...Consumers Avoid Bankruptcy and Post-Holiday Blues with Credit Card Debt Settlement Solution
Wednesday, December 16, 2009
Caught up by the holiday excitement, millions of shoppers will buy gifts overcharging on credit cards. The New Year’s aftermath may leave many cardholders overextended and opting for bankruptcy. However, debt relief savior, Debt Free League offers a powerful bankruptcy alternative. Recognizing the biggest season for retailers, credit card debt reduction specialist, Debt Free League cautions [...]
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Sunday, April 18, 2010
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