Tag Archive | "recession"
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...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...Jobs Bill Tax Credit Not Enough: More Small Businesses Turn to Business Cash Advances
Friday, February 26, 2010
The jobs bill approved by the U.S. Senate includes a tax credit meant as a hiring incentive for small business. But small businesses say it’s not enough. With many struggling to meet payroll while revenue is down, hiring a new employee in return for a few thousand dollars is not feasible or smart. Businesses are turning [...]
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...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...Experts Say Commercial Property Woes Only Beginning
Tuesday, December 22, 2009
While Commercial Real Estate Continues to Crash, One Company Seeks to Relieve Commercial Property Owners According to industry experts, the commercial real estate market (which includes shopping centers, strip malls, apartment buildings, office buildings and warehouses) is due to suffer the same fate as the recent collapse of the housing market only worse. Commercial research provider [...]
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 [...]
Continue reading...House Stands Up for Consumers, Small Businesses and Taxpayers; Votes for Financial Reform
Monday, December 14, 2009
“We are very pleased the U.S. House of Representatives has taken an important step toward restoring our country’s financial stability by voting to pass the Wall Street Reform and Consumer Protection Act of 2009 (H.R. 4173). The bill would provide consumers with significant protections from the industry practices that dismantled our economy and those of [...]
Continue reading...Bankrate: Mortgage Rates Set New Record Low
Friday, November 27, 2009
The average conforming 30-year fixed mortgage rate fell to 5.00 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.44 discount and origination points. The average 15-year fixed mortgage was down to 4.47 percent while the larger jumbo 30-year fixed rate rose to 6.03 percent. Adjustable rate mortgages decreased [...]
Continue reading...Spiking Credit Card Rates Make for a Bleak Black Friday
Wednesday, November 25, 2009
With the economy in a holding pattern and the holidays just around the corner, many New Jersey consumers feel forced to rely on credit cards for their shopping needs, but dread doing so. Why? Chances are they’ll have more trouble paying them off than ever before. In fact, recent reports show that many consumers have seen [...]
Continue reading...Entrepreneurs Thrive During Hard Times According to Babson/Baruch U.S. GEM Report
Sunday, November 22, 2009
Entrepreneurial and business activities show positive signs during these hard times, according to the Global Entrepreneurship Monitor (GEM) 2008 National Entrepreneurial Assessment for the United States of America, produced by Babson College and Baruch College. * Entrepreneurship Increases: Total entrepreneurial activity (TEA) increased to 10.8% in 2008 from 9.6% in 2007. * Opportunity Obsessed: Opportunity continues to [...]
Continue reading...Americans’ Online Shopping Decisions Affected by Security Concerns
Wednesday, November 18, 2009
As Americans gear up for the holiday shopping season and Cyber Monday, the unofficial start of the online holiday shopping season on November 30, it is clear that Web site security plays a major part in consumers’ purchasing decisions, according to a new poll by the National Cyber Security Alliance (NCSA) and Symantec [ SYMC]. [...]
Continue reading...Holiday Traditions Prove to Be More Important During Recession
Sunday, November 15, 2009
When it comes to celebrating the Holidays, Americans have always relied on traditions to make the season special. From baking cookies, shopping, to singing Christmas carols, to decorating the tree, families draw on festivities to not only make memories, but also as a way to have fun and stay connected. This year they are putting traditions [...]
Continue reading...Consumers’ Optimism Toward the Economy May Bode Well for Retailers this Holiday Season
Thursday, November 12, 2009
Philadelphia shoppers are more optimistic about the economy and their budgeting, and that optimism is starting to show in Philadelphians’ shopping plans as the holiday shopping season kicks off, according to Deloitte’s 24th Annual Holiday Survey of retail spending and trends. Fears about the recession are slowly subsiding, with more than half of those surveyed (52 [...]
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Sunday, April 18, 2010
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