It is always interesting to compare overall economic outlook and general business trends with trends in small businesses in rural settings. This year, with the prospect of a renewed recession hovering over the US economy, it is cheering to see that rural small business looks especially promising. Listed below are the leading five trends for… Continue Reading
With only a few months to go before Mark Zuckerberg takes Facebook into the world of publicly owned companies, the world’s largest social networking on-line tool has purchased Instagram for $1 billion. Promising that this type of purchase was not going to happen too often, Zuckerberg said that the acquisition of Instagram was “an important… Continue Reading
President Obama surprised a lot of people by choosing anthropologist and physician Dr. Jim Young Kim as the US contender to head the World Bank. His views on how to best develop economies, the mission of the World Bank, are not well-known; he is not a development scholar or a banker, or even an unofficial… Continue Reading
Home-based businesses have grown more popular ever since employment opportunities began flailing and work conditions reached sub-optimal levels. Though there are countless ways to earn money at home, the top eight most successful areas to get involved in are: Child care: The struggling economy and financial pressures have given this service a major boost. Parents… Continue Reading
Feelings may be mixed but many believe the U.S. economy is finally scaling the cliff after its plunge several years ago. Meanwhile, recession still looms in Europe and China’s economy is beginning to slow. According to the Bloomberg Comfort index, U.S. consumer confidence has reached a four-year high as the job market improves, stock prices… Continue Reading
Though the loose ends of the debt crisis and economic turmoil throughout Europe have yet to be tied up, some experts believe that the negative take on the situation is the leading cause of slow growth. “This month’s acceleration in confidence about U.K. economic prospects supports our view that concern about the euro-zone debt crisis… Continue Reading
Chris Matthews of MSNBC's Hardball recently discussed the upcoming elections, Mitt Romney's organizational skills and the challenge he creates for the Obama Administration, and the economic issues still plaguing the United States. Matthews described the election as "a very close, hot, race for the American presidency." Meanwhile, the economy is not 'steaming ahead,' unfortunately. The… Continue Reading
According to a quarterly survey conducted by The Business Roundtable, a group of CEO’s of firms whose combined yearly revenues come to more than $6 trillion, there is a perception of improved movement of the economic recovery, including plans of increased hiring. This improved optimism comes despite fears of a continuing recession in Europe. The… Continue Reading
As any good entrepreneur knows, advertising is key to a successful business. It’s not a surprise, then, that General Motors has hired a new advertising agency for Chevrolet, its largest, most successful automobile brand by sales. The project will be handed over to Commonwealth Advertising, the partnership between Goodby, Silverstein & Partners of Omnicom Group… Continue Reading
Federal Reserve Chairman Ben Bernanke said on Monday that the Feds’ stimulation of the economy has indeed helped reduce the amount of unemployed in recent months, but warned that because of the size and duration of the problem there could result lasting damage to the US economy as a whole. “Recent improvements are encouraging,” he… Continue Reading