The Finance Whisperer
Four Pillars of a Successful Company
Today we face a constantly fluctuating economy. We are no longer able to predict the stock market trends or the progress of our competition. To help you to remain one step ahead of these uncertainties, we provide insight on how to be a successful company, despite the current economic conditions:...
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Hope for the Job Market?
Despite all the pessimism surrounding the U.S. job market at the moment, this week does offer a couple rays of hope for improvement. Firstly, a study released today by the Bureau of Labor determined that companies advertised more positions in July than they have advertised in 3 years! Employers increased...
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No Job Growth in August
The August unemployment rate, announced today by the U.S. Labor Department, did not boost people’s hopes for economic recovery in the near future. According to the recent figures, the national unemployment rate remains at 9.1%, making it the first time in 11 months that jobs were not added to the...
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Business Schools Embrace Twitter Mentality
As competition for top M.B.A. programs grows fiercer, business schools are beginning to make some creative changes to their admissions processes. More specifically, business schools are trying to stay ahead of M.B.A admissions consultants to ensure that applicants are accepted on their own merit. One popular new tactic was inspired...
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August Sees Slight Increase in Private-Sector Employment
Automatic Data Processing Inc., a top payroll firm, announced today that the private sector experienced a slight employment increase in August, suggesting that the labor market survived debt debate and constantly vacillating economy. In the private sector, 91,000 jobs were added to the economy, coming in under the 109,000 jobs...
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How to Manage Your Finance Career
Careers in finance can be extremely rewarding, but they’re not exactly known for flexible work schedules or relaxed office environments. Jobs in finance can be extremely demanding and consuming. As a result, finance professionals find it immensely difficult to embark on a full-fledged job hunt while they are employed. Yet...
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College Graduates Gain Some Ground in Finance
Compared to the past few years, it seems that 2011 graduates have fared relatively well in the finance sector. According to Michigan State University’s Collegiate Employment Research Institute (CERI), 10% more college graduates found jobs this year than in 2010. The vast majority of these hires were by companies with...
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New York is for the Digital Woman!
Women in the media are flocking to New York City as opportunities in the digital field continue to grow. Whether you’re a female entrepreneur looking to begin a startup or a recent graduate looking to enter the established digital media space, digital women are experiencing success in The Big Apple....
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S&P President Will Leave Company
Standard & Poor’s President Deven Sharma announced yesterday that he will be resigning from his position on September 12th. He plans to serve in an advisory role until the end of the year, working directly with Harold “Terry” McGraw III, CEO and President of McGraw-Hill, S&P’s parent company. S&P insists...
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Uncertainty Causes Businesses to Hold Off on Hiring
While the lack of hiring across the U.S. can certainly be attributed to the weak economy, many business owners are blaming something more specific: they don’t know what policies and regulations Washington is going to implement that will affect their business. Businesses know that some major policy changes are on...
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New Reports Offer Insight into Current Economy
The markets are not expected to close on a good note this week. Among a number of contributing factors are three recent reports that paint a bleak picture of the current economy. Firstly, the National Association of Realtors claimed that home sales fell to 4.67 million last month—far below the...
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Markets Down Due to Lack of Confidence in Europe
After a three-day upward trend, the stock market fell considerably today. The pullback is mainly due to a loss of faith in the European economy. The announcement today by President Sarkozy and Chancellor Merkel that France and Germany would back the euro and encourage all euro zone countries to do...
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States Begin to Implement Financial Literacy Courses
Since the 2008 recession, a growing number of states are adopting Financial Literacy as a course requirement at both the high school and college level. This increase can be attributed primarily to a widespread concern that Generation Y lacks the essential personal finance skills needed for adulthood, especially when entering...
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Stock Markets Close on a Good Note This Week
After an incredibly volatile week, U.S. stocks ended on a relatively high note today. S&P's 500-stock index was up 6.16 points, and the Dow Jones industrial average was up 125.71 points. The wild swings throughout the week were the result of concerns regarding a potential double-dip recession, contrasted with bouts...
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Banner Sends Message to Wall Street and Washington
Yesterday, a plane flew over the S&P building towing a large banner with a message for Wall Street bankers and Washington politicians. It read, “Thanks for the downgrade. You should all be fired.” The plane was hired by Lucy Nobbe, evidently a disgruntled broker and single mother from Kirkwood, Missouri....
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S&P's Explanation Behind the Downgrade
When asked why Standard & Poor’s opted to downgrade the United States’ credit rating last Friday, S&P chief, David Beers, replied that the decision was primarily connected to entitlement reform—or lack thereof. Entitlements, such as Medicare and Social Security, make up the largest portion of U.S. debt. As such, Beers...
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The Impact of the Credit Downgrade on Job Creation
One of President Obama’s primary objectives before he concludes his presidential term is to make a significant improvement to the national unemployment rate. Obama has been planning to implement policies that would increase job growth by at least 150,000 per month. But unfortunately,the recent decision by Standard & Poor's, a...
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National Unemployment Rate Sinks to 9.1 Percent
This morning, the U.S. Bureau of Labor released unemployment figures for July 2011. The national unemployment rate was reported to be at 9.1%, which is a slightly lower rate than that of the prior month. After combining the 154,000 new private sector jobs with the 37,000 lost government jobs, the...
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7 Tips to Be Business Ready, MBA Not Required
Whether you’re looking to pursue your MBA, you’ve already obtained it and, or you’re happily settled into the world of business, there are just some things they can’t teach you in business school. To be truly successful in the business world, your skill set must go beyond what you learned...
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U.S. Cities See Rising Unemployment Rates Across the Board
With the job market on everyone's mind, more and more research is coming out on unemployment rates across the country. One such study recently reported that the June unemployment rate rose in over 90% of U.S. cities. In May, only 210 cities saw an increase in jobless rates, but in...
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