Latest Economy & Business News
Many of Americans may be happy to see Sarah Palin for the Presidentil race in 2012, but the Wall Street bankers seemed to think otherwise. Of late, Palin has been very much critical of the “pump-priming addiction” of Federal Reserve which has been recently marked by huge buying of bonds by the US Central Bank.
The deficit reduction commission of America has offered a blue print that proposes to wipe out trillions of dollars from the projected deficits by the year 2020. If this draft is approved in the US Congress, it will start a tremendous political pain for those who are trying to stabilize the financial position of the […]
If you own and drive a vehicle, what you must need is an auto insurance. Most of the states in the USA need an auto insurance in order to drive a vehicle.
With the economic uncertainty seemed to loom longer on the global scale, many investors in America are moving away from the stock market. A report produced by the mutual fund industry have displayed that small investors have withdrawn a huge $33.12 billion from the mutual funds which are involved with the stock markets over the […]
When our credit economy was at its high, many banks and financial institutions have come to your doorstep offering you money. Suddenly, when the entire system collapsed, there were thousands of people who were never in a position to pay back those hefty EMI’s every month.
An opinion poll conducted among the senior corporate executives revealed that many of them play the game of golf just to do climb up the ladder in corporate life. The proportion is highest in India, where 40% of the executives polled said that they prefer playing the game just to increase their professional social networking.
Thousands of Americans who are lagging behind their mortgage payments are finding that home values have dropped so low that their loan amount is more than the price of the property. The number of homes with negative equity is around 11.2 million. This has created additional stress on the homeowners, especially those who are unemployed. […]
Bangalore: The visa fees of the skilled workers to the USA have been raised significantly. The law to this effect was passed in the US senate last week. The steep rise is going to be a heavy blow to the Indian IT companies who send thousands of IT professionals every year to the USA. Indian […]
In a shocking series of developments, Mark Hurd, the CEO of HP has resigned after he was related with a woman and accused of pleasing her by giving financial rewards. The issue has raised a storm in the teacup as one of the most high profile CEO of the industry tenders his resignation to the […]
The sales tax holiday In Alabama has started on Friday the 6th August, 2010 and will continue till Sunday. Shoppers will be able to purchase all sorts of items like clothing, utensils and school supplies and they will be able to get that totally tax free. This will really help the stores to boost up […]