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10 Million UK Consumers Sought Financial Advice Online in September 2010

By Guest PostNovember 2, 20102 commentsEconomy, Technologyadaptive affinity, american express, bgl group, Comscore, comscore media metrix, economic situation, finance, financial advice, financial information/advice sites, financial sector, internet users, mike read, moneysupermarket, quickcreditscore, uk, uk customers, uk financial information/advice sites, web

*More Than One Out of Three Financial Advice Seekers Visited Moneysupermarket.com*

London, UK, 02 November, 2010 – comScore, Inc., a leader in measuring the digital world, today released a ranking of top Financial Information/Advice Sites in the UK based on September 2010 data from its comScore Media Metrix service. Nearly 10 million internet users turned to the web for financial advice, spending an average of 15 minutes on sites in the category during the month.

Data from the comScore Ad Metrix service revealed that Adaptive Affinity ranked as the top online display advertiser amongst financial companies, reaching nearly 58 percent of the total UK online audience in September 2010, by promoting its site Quickcreditscore.co.uk. (more…)

USGS Oil and Gas Resource Estimates Updated for the National Petroleum Reserve in Alaska (NPRA)

By Guest PostOctober 26, 2010Economy, General3 d seismic survey, alaska, conventional gas, crude oil, gas, giant alpine field, marcia mcnutt, national petroleum reserve, npra, oil, oil exploration, petroleum, reservoir, reservoir rocks, U.S. Geological Survey, undiscovered oil

The U.S. Geological Survey estimates 896 million barrels of conventional, undiscovered oil and 53 trillion cubic feet of conventional, undiscovered non-associated gas within NPRA and adjacent state waters. The estimated volume of undiscovered oil is significantly lower than in 2002, when the USGS estimated there was 10.6 billion barrels of oil. The new estimate, roughly 10% of the 2002 estimate, is due primarily to the incorporation of new data from recent exploration drilling revealing gas occurrence rather than oil in much of NPRA. (more…)

Subprimes Were Not The Culprit In Most Mortgage Meltdowns

By Guest PostOctober 23, 2010Economyelena gouskova, foreclosure, frank stafford, national bank of granddad, panel study of income dynamics (psid), subprime, u s economy, underwater, university of michigan

ANN ARBOR, Mich.—Subprime mortgages were not the main reason behind the housing crisis that started in 2009 and continues to bedevil the faltering U.S. economy, according to a University of Michigan study.

“Our analysis shows that the major underlying driver of the continuing foreclosure crisis was aggressive refinancing using adjustable rate mortgage loans that looked safe at the time because of increasing housing prices,” said Frank Stafford, an economist at the U-M Institute for Social Research (ISR). (more…)

Poverty Grows in Suburbs, But Social Services Don’t Keep Up

By Guest PostOctober 8, 20101 commentEconomypoverty, poverty rates, suburban chicago, suburban communities, suburban poverty, urban poverty

Poverty has grown in America’s suburbs during the recent economic downturn, but poor people in many suburban communities are finding it hard to get the help they need, a report by University of Chicago researchers shows. (more…)

‘One Nation Rally’: Thousands Gather in Washington DC Pledging Support to the Democrats

By ShamsOctober 2, 2010Economy, Politicsone nation rally, washington d.c.

Eternal Material Value to Set New Records Eternally

By PravdaOctober 1, 2010Economycomex, gold, kalita finance group, new york, stock index, us dollar, us federal reserve, world market

Gold added nearly five percent to its cost on world markets in September setting absolute records almost every day during the month. Even if gold dropped a little on the last day of September due to the growth of the US dollar against world currencies, analysts are certain that the precious metal will continue to set more new records in the future. (more…)

‘Market Changes Affect Risk Tolerance’

By Guest PostSeptember 28, 2010EconomyEconomy, risk tolerance, rui yao, stock market, u s economy, university of missouri

COLUMBIA, Mo. – As the U.S. economy continues to lag, many investors remain wary about taking risks with the stock market. Now, researchers at MU have concluded that this attitude toward investment risk-taking is more than just a recent trend.

(more…)

19 Facts About The Deindustrialization of America That Will Blow Your Mind

By Guest PostSeptember 26, 20101 commentEconomyamerica, deindustrialization, deindustrialization of america, industrial revolution, post industrial nation

The United States is rapidly becoming the very first “post-industrial” nation on the globe. All great economic empires eventually become fat and lazy and squander the great wealth that their forefathers have left them, but the pace at which America is accomplishing this is absolutely amazing. (more…)

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