Archive for the ‘News’

  • 5 Reasons Why I Can’t Stand CNBC>
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    5 Reasons Why I Can’t Stand CNBC
    When I was in college, I loathed CNBC, mainly because I never understood the figures that rolled over the banner. And I wasn’t a kid to like the channel due to the colors, graphs, and females they display. Later, as I learned about finances, I started liking the channel, as everything they spoke made sense, mainly because I understood it. A simple reason why market crashed would astonish me and make me appreciate the channel’s brilliance. I now realize I was quite immature and naïve. I am back to my initial views about CNBC – I loathe it – not because those figures don’t make sense, but due to these 5 reasons: When there is a breaking news, CNBC is just like any other news channel. They keep repeating the story over and over again. They do it to update people about it who have just  [...]
    at March 22nd, 2010 at 01:03 am
  • Virgin Penetrates Retail Banking Market>
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    Virgin Penetrates Retail Banking Market
    Sir Richard Branson takes another commercial leap and attempts to become one of the key banking service provider in UK by giving a nod to buy the Church House Trust, a petite local private lender in UK. The acceptance of this deal by Financial Services Authority will endow Virgin Money with a banking license, much needed to offer full range of financial products to their customers. After the completion of the acquisition process, Virgin Money plans to nurture its banking business geologically. Currently, Virgin Money offers personal financial services like insurance, pension schemes, and retail credit cards. After acquiring Church House Trust, it will obtain the right to receive money from depositors and lend mortgages. Royal Bank of Scotland and Lloyds has informed that they will divest. However,  [...]
    at January 14th, 2010 at 01:01 am
  • Business Bestsellers That Are A Must Read>
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    Business Bestsellers That Are A Must Read
    If you think books are meant to be nothing more than diet for silverfish, you are grossly mistaken! The modern professional times are those in which good performance and nothing else counts for one to reach the pinnacle of success. For performing well, you need to constantly polish your skills, as amazingly as it is observed today, the skills become outdated in no time. These are times when not only skills, but concepts too have limited lifespan and in order to survive, you need to constantly keep updating your knowledge database. This makes reading literature, most often worthy books, imperative. The leading personal finance blog Smartmoney has come up with a collection of 5 books that are worth giving a read. AfterShock authored by David Wiedemer, Robert Wiedemer and Cindy Spitzer is a book  [...]
    at December 15th, 2009 at 01:12 am
  • An Expensive Excuse Known As House Tax Credit>
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    An Expensive Excuse Known As House Tax Credit
    We all believe that the politicians and the congress are really doing something about the economic crises because we hear something about it everyday on the TV news. However, their futile suggestions and ineffective ideas are helping to spawn new ways to splurge more funds than they actually have that wouldn’t help the non-worthy population. We are not anywhere close to declare that the US is now out of the hazardous effects of the bubble that exploded few months ago. And look at what the government is trying to produce: Even bigger bubble. Ok. You love Obama very much and you want to know why I am mauling the innovative ideas of the Fed. Let’s start with the foolishness of providing tax credit to first time home buyers. Firstly, it wasn’t required and you will know why before I conclude  [...]
    at December 10th, 2009 at 01:12 am
  • Know Your TV Local News Supplier Better!>
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    Know Your TV Local News Supplier Better!
    I remember, in the late 1980s and 1990s people would sit glued to their television sets at 9 P.M. for listening to the local news on television. The news program was a big event in itself and people would be attracted by the immaculate presentation by the newsreaders and media reporters. After the radio, local news on television was a craze with people. But now the local news industry is suffering. Till a few years ago, a lot of people, young and old, would religiously watch local news because that was their only mode of accessing information about the world around them. But nowadays with news being available on internet, on mobile phones and modern electronic devices, local news has suffered decreased viewer ship. Even today your local news company will not tell you that they are not at the  [...]
    at November 28th, 2009 at 01:11 am
  • Beware Of These Types of Internet Scams>
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    Beware Of These Types of Internet Scams
    Have you got a mail from a “big guy” of some country who has fallen in trouble and wants to keep his money in your account for some days? Don’t ever fall for this scam! You might end up being behind bars for playing accomplice to the sender of this mail. This is not the only scam doing the rounds. There are a plethora of Internet scams that keep happening every now and then. The advantage of not coming into personal contact with the victim or the venue of crime gives the perpetrator of crime an opportunity to get away. A person sitting in some remote part of the world mishandles your bank account by fooling you and gets away. Isn’t it difficult for you to catch him/her? Here are some exemplary types of internet scams that have been happening for almost a decade now. Just take a note  [...]
    at October 29th, 2009 at 07:10 am
  • Consumer Confidence Is Not Equal To Consumer Spending>
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    Consumer Confidence Is Not Equal To Consumer Spending
    Hey investors and sellers don’t rejoice right now! Just wait for some more days before you really celebrate about the information that consumer confidence has improved. We humans are always a in the habit of making assumptions, especially when things look to be happening in our favor. I know after this long drawn recession for a couple of years, after seeing the worst in business, any small drizzle of good news is sure to make you rejoice, but the rains are still far away . You’ve got to wait praying the ‘Economy Gods’ for that. The consumer confidence report released this month by the Conference Board shows a positive trend.  That’s true! The Consumer Confidence Index meter has risen from 47.1 in July to 54.1 in August, the Present Situation Index has also shot up from 23.3 to 24.9  [...]
    at September 3rd, 2009 at 02:09 am
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