Financial News – Blog articles

Forex Aug 30th: August And Last Week’s Trading Session Perspective

Written on August 30, 2010 – 11:26 pm | by William Machen

Friday marked the last day’s trading in August and also the first anniversary of these articles. All of the markets ended the month lower than they were when it started. In Europe, the FTSE made 0.1% last week but fell by 2.5% over the month, closing at 5201.6, up 6% on the year; the CAC lost 0.5 %  last week, contributing to a fall of 5.6% over the month to stand at 3507.4, falling 5% on the year to September; the Dax ended the week down by 0.9%  and lost on 4.9% during the month to close at 5951.2, but it made 7.9% over the year.

In the USA, the Dow ended the month down by 4.7% losing 0.6% last week it ended the trading session at 10151, making 6.3% over the year. The

Read more…

Posted in Financial News | No Comments »

PerkStreet Financial Review: Free Online Checking Account

Written on August 30, 2010 – 4:52 pm | by Victoria Williams

PerkStreet Financial offers a free online checking account with a Visa debit card and “perks”. You can earn from 1% to 5% cash back, coffee or music incentives when you use your PerkStreet Financial debit card to pay for purchases. From what I’ve seen, I feel that they offer something beyond your traditional checking account.

The PerkStreet Financial debit card is issued by the Bancorp Bank. Like with other bank accounts, your deposits are FDIC insured up to $250,000. There is also fraud protection through the Visa Zero Liability policy. I did notice that there were exceptions under that policy. They

Read more…

Posted in Financial News | No Comments »

7 things to do in a downturn

Written on August 30, 2010 – 12:32 pm | by admin

One sure way to find some excess cash in a downturn is to reduce expenses and lifestyle purchases. The point is not to cut down on the fresh fruit that we buy for our children, but on the new sofa set that we planned for our living room. The new model mobile phone or the new laptop or the new car are a strict NO, at least not till the downturn is over.

Billy Joel with his uptown Girl lyrics was a sensation in the 60s and 70s

Those were the days when uptown and downtown were the in-vogue words. Today its downturn which is garnering all attention.  And each one of us is part of the harsh transition from Upturn economy to Downturn economy.

The economic slowdown in India and the recession in many parts of the world is affecting us all in many ways.

Read more…

Posted in Business Articles | No Comments »

Americans may be shunning banks

Written on August 29, 2010 – 3:17 am | by Barbara Sermons

A small percentage of American consumers are currently considered underbanked or unbanked, but new reports reveal that this number may grow as more individuals turn their backs on traditional banking.

Following the subprime mortgage crisis, many lenders dramatically tightened their financing practices and standards – a move that continues to this day. As a result of heightened lending criteria and falling credit scores, many Americans are finding other financial portals for their money needs. Read more…

Posted in Financial News | No Comments »

Small Business Management

Written on August 26, 2010 – 10:40 pm | by William Machen

Business government refers to one’s capability to conduct a commercial operation effectively as well as well whilst progressing profitability. But what does which mean? Anyone can ‘manage’ a business, right?

But do we unequivocally know how to conduct a business? And if we do, what does which entail? Do we usually run around your association revelation people what to do or run to a bank as well as have deposits during a finish of a any week? Is which commercial operation management?

If which is all it takes to run a business, because isn’t everybody a commercial operation owner? If handling a commercial operation is so easy, because have been there consultants? Simple

Read more…

Posted in Financial News | No Comments »