Banks Are Trying to Stay Afloat with New Methods of Business

Posted on July 17, 2015July 19, 2024Categories Business, Economy, Investing   Leave a comment on Banks Are Trying to Stay Afloat with New Methods of Business

Feel like a latte with your loan? A Capital One branch is hoping that a new initiative, in which cafes will be located inside bank branches, will pay off for them. As a result of a huge shift in the banking industry due to the prevalence of online and mobile banking, banks are finding it harder and harder to get customers to come into their branches. The problem is, the banks need their customers to come into their branches for … Continue reading “Banks Are Trying to Stay Afloat with New Methods of Business”

Online Business Booms Despite Predictions of Increased Identity Theft and Fraud, Report Finds

Posted on July 16, 2015July 19, 2024Categories Business, Economy, Technology   Leave a comment on Online Business Booms Despite Predictions of Increased Identity Theft and Fraud, Report Finds

Current trends indicate that consumers in the U.S. will spend nearly $370 billion online by 2017. However, even though business may be booming, new research also indicates that the dangers of online card not present transactions (CNP) will increase. As many as eight million consumers are likely to experience both a credit card breach as well as identity fraud within the same year by 2018, according to Javelin Strategy and Research. This is just one of the many startling findings … Continue reading “Online Business Booms Despite Predictions of Increased Identity Theft and Fraud, Report Finds”

Sea-3, Inc.’s Expansion Proposal Under Review

Posted on July 15, 2015July 19, 2024Categories Business, Investing   Leave a comment on Sea-3, Inc.’s Expansion Proposal Under Review

Transportation and storage company Sea-3, Inc. is trying to expand its operations at its Newington, New Hampshire plant. Seacoastonline.com reports that New Hampshire’s Site Evaluation Committee has already granted the company an exemption from a 12-month review of its previous expansion project in the late 1990s, and the company is hopeful the committee will do the same for its proposed project, which was approved by the Newington Planning Board last year. Paul Bogan, Vice President of Operations for Sea-3, Inc.’s … Continue reading “Sea-3, Inc.’s Expansion Proposal Under Review”

What’s The Only U.S. City Investing In Affordable Housing, Not Luxury Units?

Posted on July 9, 2015July 19, 2024Categories Business, Investing   Leave a comment on What’s The Only U.S. City Investing In Affordable Housing, Not Luxury Units?

On Tuesday, July 7, Boston Mayor Martin J. Walsh announced a surge in affordable housing construction in the New England city. Even though Boston is one of the most expensive real estate markets nationwide, 43% of all new housing built in 2015 is either affordable housing or middle-class housing and rental units, representing a rare exception to the national rule. Luxury home prices may never reach the inflated levels they experienced prior to the Great Recession, but they are trending … Continue reading “What’s The Only U.S. City Investing In Affordable Housing, Not Luxury Units?”

Which Brands Reign Supreme Among Social Media Users? The Answer May Surprise You

Posted on June 26, 2015July 19, 2024Categories Business, Leadership, Sales & MarketingTags , , ,   Leave a comment on Which Brands Reign Supreme Among Social Media Users? The Answer May Surprise You

L’Oreal, Dove, Nivea and Chanel are the most coveted brands — on social media, that is. According to a new survey, these four brands are the most likely to be recommended by social media users, while McDonald’s and Monsanto rank toward the bottom of the referral list. The research, conducted by WPP Plc’s Social@Ogilvy agency and SurveyMonkey, questioned 5,600 social media users throughout 11 countries, a June 23 Bloomberg article reports. The respondents use networks like Facebook, YouTube and Twitter. Interestingly enough, … Continue reading “Which Brands Reign Supreme Among Social Media Users? The Answer May Surprise You”

More Americans Are Guzzling Gas This Summer, But Oil Prices Have Actually Dropped

Posted on June 24, 2015July 19, 2024Categories Economy   Leave a comment on More Americans Are Guzzling Gas This Summer, But Oil Prices Have Actually Dropped

The American oil and gasoline industry saw a sudden drop in gas prices this past week, to the surprise of many industry experts — and even average American consumers — who expected gas prices to increase as the weather began heating up. According to a recent Reuters report published on Business Insider, government data revealed that the decrease in oil prices was followed by a decrease in oil and gasoline stocks in the U.S. Not only do increased tensions in … Continue reading “More Americans Are Guzzling Gas This Summer, But Oil Prices Have Actually Dropped”

The Growth in China’s Money Market Funds Could Pose Risks

Posted on June 17, 2015July 19, 2024Categories Economy, InvestingTags , , ,   Leave a comment on The Growth in China’s Money Market Funds Could Pose Risks

In February, the most prestigious international financial institution in the world, the International Monetary Fund, rated China as the number one economic superpower in the world, surpassing the United States based on the purchasing power parity of gross domestic product indicator. In other words, China produced 17% of the world’s GDP in 2014, while the U.S. only produced 16%, making it the stronger economic power in the eyes of the IMF. Now, this dominating economic superpower’s asset management industry is … Continue reading “The Growth in China’s Money Market Funds Could Pose Risks”