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Showing posts from December, 2015

Global Growth To Be 'Disappointing And Patchy' In 2016: IMF Chief

Frankfurt (AFP) – Global economic growth will be “disappointing and patchy” in 2016, the head of the International Monetary Fund, Christine Lagarde, wrote in an article published in the German business daily Handelsblatt on Wednesday. Rising interest rates in the United States,... Global Growth To Be 'Disappointing And Patchy' In 2016: IMF Chief

Saudi Posts Record $98 Bn Deficit In 2015

Riyadh (AFP) – OPEC kingpin Saudi Arabia posted a record $98 billion budget deficit in 2015 due to the sharp fall in oil prices, the finance ministry said on Monday. Revenues were estimated at 608 billion riyals ($162 billion), well below projections and 2014 income, while spending came in... Saudi Posts Record $98 Bn Deficit In 2015

Toys'R'Us to Shut Flagship Times Square Store

New York (AFP) – New York City is set to lose another landmark toy shop when Toys”R”Us shutters its Times Square flagship store on December 30. The location, which boasts 110,000 square feet, will close after the toy chain declined to renew its lease, which expires in January.... Toys'R'Us to Shut Flagship Times Square Store

Oil, commodity shares lift US stocks

New York, Dec 23, 2015 (AFP) – A rally in beaten-down energy and commodity shares helped lead US stocks higher for the third straight session Wednesday as confidence rose that a “Santa Claus rally” had taken hold. The Dow Jones Industrial Average rose 185.34 (1.06 percent) to... Oil, commodity shares lift US stocks

Four More Years Of Cheap Oil: OPEC

VIENNA (AFP) – The OPEC oil cartel sees only a gradual improvement in the global crude market, with prices recovering to above $70 per barrel after four years, according to a report released Wednesday. With the global benchmark oil price touching an 11-year low of $36.04 on Monday, the... Four More Years Of Cheap Oil: OPEC

China Extends Trading Hours For Yuan

Beijing (AFP) – China will extend trading hours for its currency starting next month, the central bank said Wednesday, after the International Monetary fund included the yuan in a global basket of reserve currencies. Trading hours for the yuan, which currently close at 4.30 pm local time... China Extends Trading Hours For Yuan

US 3rd Quarter Growth Estimate Cut To 2.0%

New York (AFP) – The US economy grew at an annual rate of 2.0 percent in the third quarter, according to Commerce Department data Tuesday, slightly below a previous estimate of 2.1 percent. The July to September growth of gross domestic product — the broad measure of the... US 3rd Quarter Growth Estimate Cut To 2.0%

Volkswagen To 'Rotate Staff' To Improve Oversight

Berlin (AFP) – German car giant Volkswagen, scrambling to contain a massive pollution test cheating scandal, said Sunday it would begin rotating staff to keep better tabs on its operations. Employees in key roles will switch jobs more often than is currently the case, VW supervisory board... Volkswagen To 'Rotate Staff' To Improve Oversight

US Stocks End Volatile Week Sharply Lower; Dow -2.1%

New York, Dec 18, 2015 (AFP) – The Dow dropped more than two percent Friday as US stocks finished a volatile week sharply lower due in part to worries about falling oil prices. Shortly after the closing bell, the Dow Jones Industrial Average was at 17.126.92, down 368.92 points (2.11... US Stocks End Volatile Week Sharply Lower; Dow -2.1%

Congress Passes Long-Stalled Cybersecurity Bill

Washington (AFP) – Congress on Friday passed legislation to fight cyber threats, pushing the measure through by tucking it into a sprawling government funding bill, after earlier failed attempts. The measure was inserted into the massive $1.1 trillion spending package that funds the... Congress Passes Long-Stalled Cybersecurity Bill

Forex Mentor Trading Course Review

You cannot pilot a jet without getting sufficient training and a license, Forex too is highly technical area and you need the right training courses. Peter Bain is offering a complete home study DVD video seminar which has all the essential information you would need to succeed in forex... Forex Mentor Trading Course Review

Tax Returns - When Do They Need To See Tax Returns?

A borrower is considered self-employed when they own 25% or more interest in a business.  This is when the taxes would be required to calculate the borrower’s income. When 25% or more of the income is from other than base salary.  Examples of this are if the borrower’s income comes 25% or more f... Tax Returns - When Do They Need To See Tax Returns?

Oil Slump Weighs On US Stocks; S&P 500 -1.5%

New York, Dec 17, 2015 (AFP) – Oil prices fell Thursday to fresh multi-year lows on concerns about lofty US oil inventories and the drag from a strengthening dollar. US benchmark West Texas Intermediate (WTI) for January delivery shed 57 cents at $34.95 a barrel on the New York Mercantile... Oil Slump Weighs On US Stocks; S&P 500 -1.5%

US Equities Rise As World Stocks Rally On Fed Move

New York, Dec 17, 2015 (AFP) – Wall Street stocks opened modestly higher Thursday as global equity markets rallied following the US Federal Reserve’s historic decision to lift interest rates for the first time in nine years. Five minutes into trade, the Dow Jones Industrial Average... US Equities Rise As World Stocks Rally On Fed Move

Learning From The Past - The Stock Market Crashes

It was a boom time for the STOCKHOLDER.STOCK PRICES soared to record levels. Millionaires were made overnight. Sound like the stock market of the 1990s? Try the New York Stock Exchange on the eve of the GREAT CRASH in 1929. Although the 1920s were marked by growth in stock values, the last four... Learning From The Past - The Stock Market Crashes

4 Common Resume Mistakes To Avoid

First of all, you must avoid mistakes that will disqualify your resume on a spot. So pay attention to make sure you’re not guilty of any of the following resume gaffes. 1. Format You have to use a modern resume format. It’s not enough just to add your latest job to an old resume, especially if it... 4 Common Resume Mistakes To Avoid

What Is Money And Where Does Money Come From?

Money is used on a daily basis for economic transactions. But what is money and where does money come from? Those are two very simple questions yet most people do not know the answers. Money facilitates economic transactions as it allows people to use a common accepted form of perceived value to... What Is Money And Where Does Money Come From?

Is The Economy Of China More Free And Capitalist Than That Of US?

There is a big misconception in the United States and around the world that the Economy of the United States is free market capitalist. To believe that the United States has a free market economy is utterly naive and ignorant of economic facts. The interest rates are not a result of demand,... Is The Economy Of China More Free And Capitalist Than That Of US?

Top 8 Tips For Successful Job Search Networking

Many job seekers are apprehensive about job networking. It’s understandable. After all, you have to ask other people, sometimes even complete strangers, to help you find employment. Some of us would rather have a trip to the dentist. As a result, majority of people looking for work prefer to do i... Top 8 Tips For Successful Job Search Networking

Most Recommended Forex Forums

This is probably one of the best places in getting information on forex trading. The two sources I strongly suggest are Forex Factory and Forex Baby PIPS. Both of these places have a wealth of information, seasoned traders to talk to and my personal favorite the trading journals. So where is... Most Recommended Forex Forums

Choosing The Right Forex Demo Account

Here are tips to consider when trading in a Forex demo account. One of the most important things you can begin doing early on is applying a solid money management strategy. Secondly, we recommend a few different trading platforms such as MetaTrader4 to do your demo trading on. If you’re c... Choosing The Right Forex Demo Account

Save Your Current Income for the Future

To ensure proper personal finance management, you need to get familiar first with the concept of pre-agreed budget. Once you make a budget, you need to be able to get used to discipline follow the budget and only then can precede to the stage of financial planning. Allocate the maximum monthly... Save Your Current Income for the Future

Finding the Best Rate for Your Business Loan

Business loan rates can vary from lender to lender. They are dependent on several variables from the term of the loan to your credit score. Depending on how much of a risk your lender thinks you are, one lender’s rate quote can be higher than someone else’s quote. If you’re trying to get the best... Finding the Best Rate for Your Business Loan

Over 60% Of Small Businesses Fail Due To A Lack Of Planning

Over 60% of small businesses fail due to a lack of planning and execution of a business plan. When businesses are so small it is rare to have an HR manager, because of that training and follow-up is non-existent. Who would be accountable and how could management implement a training routine to... Over 60% Of Small Businesses Fail Due To A Lack Of Planning