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Survey: Consumers becoming more cautious
A recent survey finds that despite growing economic optimism, consumers are still highly cautious about their spending decisions. In the poll by PriceGrabber.com, 67 percent of consumers say they are now making an effort to spend less money, compared to 57 percent in January. Looking ahead,...
NASDAQ

Indians defy high gold prices in festive season
:: Business Mumbai/ Singapore, Aug. 5: Indians have started buying gold jewellery and wholesalers are stocking up against anticipated price rises as the busy season gets under way in the worldâs largest bullion consumer, dealers said on Wednesday.
Mining.com

3 Insurers Rise Above In Claims Service Ratings
Consumers aren't exactly ecstatic with insurers' claims service these days. According to a recent Consumer Reports survey, which polled 10,700 readers about their satisfaction with their homeowners insurance claims service in the last few years, high-quality insurance can be costly and difficult to get, but there are a few ...
Insurance Headlines

Goldman facing compensation, derivative inquiries (AP)
Goldman Sachs Group Inc., one of the banking industry's top performers, said Wednesday that government agencies have asked about its compensation practices and use of credit derivatives.
Market Watch

Let Your Business Vehicles Save Your Company Money With Vehicle Tax Incentives
Many businesses rely on their transportation fleet as a means of getting their products out to their local customers. They also use vehicles to bring raw materials into their businesses in order to produce their products. Now it is possible to earn fleet credits on your vehicles if they meet certain requirements. These vehicle tax incentives, depending on the particular qualifications, may come to you through the state of California or the federal government. Your certified public accountant will be able to clarify which truck tax credits and other incentives are appropriate for your California-based company.
E-Zine

Citi plans to sell 20 consumer fin businesses
Citigroup plans to sell 20 businesses in consumer finance area, many of them located in Europe, its CEO Vikram Pandit said in an interview.
The Times Of India

Senators Place Hold On Transportation Nominee
Senators Place Hold On Transportation Nominee After Union's PAC Takes Credit
CBS News

Data belie retail bounce
“Consumers are showing a [definite] reluctance to buying anything at full price”
The Globe and Mail

Temporary Recession or the End of Growth? - NewsTrust Yahoo Pipes Feed
This is a guest post by Richard Heinberg. Everyone agrees: our economy is sick. The inescapable symptoms include declines in consumer spending and consumer confidence, together with a contraction of international trade and available credit. Add a collapse in real estate values and carnage in the automotive and airline industries and the picture looks grim. But why are both the U.S. economy and the larger global economy ailing? Among the mainstream media, world leaders, and America's economists-in-chief (Treasury Secretary Geithner and Federal Reserve Chairman Bernanke) there is near-unanimity of opinion: these recent troubles are primarily due to a combination of bad real estate loans and poor regulation of financial derivatives. This is the ...
NewsRack

Green Diary Rescue & Open Thread - NewsTrust Yahoo Pipes Feed
Carole Bass at E/The Environmental Magazine , writes: Your sunscreen, energy drink and high-tech clothing may be among the 800-plus consumer products made with nanomaterials: those manufactured at the scale of atoms and molecules. Sunscreen that turns clear on the skin contains titanium dioxide, an ordinary UV-blocker in extraordinarily small particles. Odor-eating socks are made with atoms of germ-killing silver. Supplement makers boast of amazing health effects from swallowing nanosolutions that are completely untested for effectiveness or safety. And that stain-repellant clothing? The manufacturer won’t even tell you what nanomaterials are in it. The problem is not just that you, the consumer, don’t know what’s in the ...
NewsRack

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