Financial-Resolution.com

Slow Recovering Economy Forces More College Graduates to Move Back in With Parents, Consolidated Credit Offers Insight …
A great number of college graduates find themselves facing the harsh reality of turning to their parents for help after graduation due to low employment opportunities according to financial counselors at Consolidated Credit Counseling Services. Consolidated Credit is [...]

Fed chief hints at more action to boost economy
BLADE NEWS SERVICES BOSTON – Citing the threat of prolonged high unemployment and an economy potentially falling into a dangerous deflationary spiral, Federal Reserve Chairman Ben Bernanke Friday outlined a case for the central bank to take action to bolster economic growth. But the Fed chief also [...]

INDUSTRY & ECONOMY
DISINVESTMENT: Equity capital of one in four PSUs wiped out CAG’S REPORT TO PARLIAMENT. The Comptroller and Auditor General of India (CAG) has brought to light the absolute erosion of equity investment in 68 out of 300 government companies and corporations due to their accumulated losses and failure to …
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Kan May Face Ghost of Hashimoto as Japan’s Economy Weakens Before Tax Rise
Reports this week showed the jobless rate reached a five- month high in May, and wages, factory output and household spending fell, showing little sign of revival in domestic demand more than a year after the economy stopped shrinking.
Read more on Bloomberg

China’s easing of currency’s peg to dollar aims to blunt trade criticism and aid own economy
SHANGHAI – By loosening its currency’s peg to the dollar, China is seeking to defuse complaints that it keeps its exports artificially cheap, strengthen its hand against inflation and ensure its economy can keep growing at a healthy pace.
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Weichert Relocation Survey Shows Companies Doing More to Keep Employees Mobile Despite Economy
RISMEDIA, May 10, 2010—Corporations are becoming increasingly strategic in managing their workforce mobility programs, using innovative measures to keep employees mobile despite a challenging economy, according to a new survey from Weichert Relocation Resources Inc. (WRRI), one of the world’s leading…
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SIIA Partners With NetSuite to Help Software Companies Survive, Thrive in New Economy
The Software and Information Industry Association and NetSuite Inc., a leading vendor of cloud computing business software, have announced a partnership aimed at helping software companies succeed amid the new business models, expanding regulatory requirements, and the challenging customer dynamics of today’s business [...]

Greeks need EU cash to rescue economy
Greek Prime Minister George Papandreou has asked for activation of an EU/IMF debt rescue mechanism, to help pull the economy out of its current crisis.
Read more on Malta Star

Economy not “out of woods”: Bernanke
By Ed Stoddard
Read more on Reuters via Yahoo! Singapore News

Consumer spending: the losers’ guide to a healthy economy
Economists in the US and UK are advocating losing strategies. Why not listen to economists in winning countries, like China and Germany?
Read more on The Christian Science Monitor