http://2blogfinance.com Financial Commentary and News from Around the World. Mon, 21 Jul 2008 00:36:35 +0000 http://backend.userland.com/rss092 en The number of laid-off workers filing claims for unemployment benefits showed an unexpected upswing last week although another of the key indicators of unemployment hit a four-year high.  The Labor Department reported Thursday that applications for unemployment benefits totaled 357,000 last week, some 18,000 fewer than the previous week. That ... http://2blogfinance.com/unemployment-numbers.html U.S. auto sales sank in May as consumers spurned pickup trucks and SUVs because of record gasoline prices, driving General Motors Corp, Ford Motor Co and Chrysler LLC to double-digit declines. Japan's Honda Motor Co Ltd outsold Chrysler for the first time to emerge as the new No. 4 U.S. ... http://2blogfinance.com/may-was-bad-for-automakers.html Eurozone finance chiefs warned on Friday that the 15-nation bloc faced growing risks to economic growth and inflation, but insisted there was currently no threat of a recession. EU Economic and Monetary Affairs Commissioner Joaquin Almunia also acknowledged that "downside risks have increased" since he forecast in February that the ... http://2blogfinance.com/warning-from-eurozone.html Lehman Brothers is swinging the ax. Lehman shares fell after CNBC reported the big investment bank will cut 5% of its workforce, or about 1,400 jobs. The news comes as Lehman prepares to report first-quarter results next Tuesday. Wall Street has been bracing for a round of bad news next ... http://2blogfinance.com/lemans-job-cuts.html China's biggest bank said Sunday it has received approval to buy a 20 percent stake in South Africa's biggest lender, the latest big-ticket overseas expansion by Chinese investors.  The deal between state-owned Industrial & Commercial Bank of China Ltd. and Standard Bank Group Ltd. is one of China's biggest foreign ... http://2blogfinance.com/big-move-for-e-c-bank-of-china.html A global market meltdown and a decelerating economy could shake the steel nerves of the European Central Bank, analysts said Tuesday, as more observers are predicting it will cut borrowing costs as soon as the second quarter of this year. The ECB has kept its benchmark interest rate on hold at ... http://2blogfinance.com/ecb-on-cutting-rates.html Trump Entertainment Resorts Chief Financial Officer Dale Black Resigns Effective Dec. 14.  Casino operator Trump Entertainment Resorts Inc. said Monday Executive Vice President and Chief Financial Officer Dale R. Black has resigned to accept a similar position at another gaming company. Black's resignation will become effective on or about Dec. ... http://2blogfinance.com/black-resigns.html I was surfing the web today and came across some interesting news about the billions of dollars being saved each year by folks doing offshore banking. Around 20 years ago I was dating a lovely girl and her brother was quite successful and one the things that helped keep him ... http://2blogfinance.com/offshore-savings-sponsor.html So I have been putting this off for quite a while now but I can't any longer. Deciding to buy life insurance is the easy part because everyone, especially those with families must have it. But actually starting the process is a bit intimidating. To make it easier I stated ... http://2blogfinance.com/life-insurance-needs-sponsor.html If you are a business owner, doctor, lawyer or offer any type of service where information is important to your customers then you should seriously think about how purchasing some attractive brochure displays. It will make your look more professional and there is a much better chance someone will actually ... http://2blogfinance.com/proper-brochure-display-sponsor.html