Data through November 2010, released by Standard & Poor’s for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, show a deceleration in the annual growth rates in 17 of the 20 MSAs and the 10- and 20-City Composites compared to what was reported for October 2010. The 10-City Composite was down [...]
Data from research analyst PIERS, a sister company of the JOC, supports the expectation that containerized exports – which jumped nearly 12 percent in the first half of 2010 before slowing in the third quarter – will accelerate to mid- to high single-digit growth over the next few quarters. Fueled by a growing Asian middle [...]
Few months of deep crisis and fears for the worst have passed and now EU will face an unprecedented test of Euro‘s stability after Greece asked for the activation of a financial lifeline of 45 billion Euro ($60 billion). There are 16 Euro region members, only two of them – Luxembourg and Finland - with [...]
ECUADOR – The Internal Revenue Service (IRS) announced today that tax revenues in the first quarter was U.S. $ 1,908 million, 29% more than the income earned in the same period in 2009, when this figure reached U.S. $ 1.481 million The strategies undertaken by the Government to combat tax evasion in the country would [...]
Junior Achievement-Allstate Foundation Survey Shows Too Many Teens Fall Short in Understanding Money Basics as U.S. Faces Economic Crossroads. As economists, elected officials and the American public ponder how to strengthen the U.S. economy by rebalancing the nation’s spending and consumption with savings and investment, an alarming majority of U.S. teens say they lack the [...]
In an about face from its previous position that put a blanket prohibition on the IRS’s ability to accept some information from whistleblowers that were currently employed by a taxpayer, the IRS has now adopted a position that it should consider the facts and circumstances of each case before deciding how it can utilize this [...]
When it comes to international travels, who spends the most and where should travel and tourism organisations be targeting their marketing budgets to attract the big spenders? Flight comparison site Skyscanner investigates which countries like to flash their cash the most when they travel – the Germans are in the lead, but China is hot [...]
What was the biggest scandal of 2009? Blagojevich trying to sell a Senate seat? Senators, governors, and their mistresses? Allegations that lobbyists were lining up defense earmarks in exchange for straw donations? No, the biggest scandal of 2009 was that the entire pay-to-play system that dominates Washington and occupies Congress’ time and attention sidetracked bold [...]
AARP urges families to review phone bills over the holidays The holidays are a time of hustle and bustle – and now AARP is urging Illinoisans to add another critical item to their holiday to-do lists. As families come together for the holidays, AARP is urging people to review their phone bills, particularly bills of [...]
Investments Have Boosted Economy, Saved and Created Jobs Along with boosting the economy and preserving jobs, seven provisions of the federal economic recovery act are also keeping about 189,000 Pennsylvanians from falling into poverty this year, according to a new study from the Washington, DC-based Center on Budget and Policy Priorities. The American Recovery and [...]