July, 2010

What out for anchoring at the dealership

When individuals attempt to make a decision, they use perceptions called anchors as points of comparison. Once a person has established an anchor to compare related circumstances against, that anchor tends to remain set in the individual's mind. This process of bias is called anchoring, and the retail sales industry uses it to excellent advantage ...

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Supply of credit worthy small company borrowers is down

The U.S. Senate is about to vote on a bill that is intended to make small business loans more available. This bill will help create $ 300 billion in available capital to help small businesses. The businessman within the lending business are saying this quick cash advance won’t help create more loans for small business. ...

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Refudiate prepared mosque is what Palin wants Muslims to do according to Twitter

The New York ground zero mosque that is so hotly debated is something Sarah Palin has asked Muslims to "refudiate". She used this fake word many times in tweets on Sunday putting the word "refudiate" into the national lexicon. In a series of Sarah Palin tweets, Muslims were urged to join the Tea Party in ...

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Increasing status of India shown in new currency symbol for rupee

The obscure topic of currency symbols was hot online Thursday when India unveiled a new mark for the Indian Rupee that can be official in international financial markets. Until now, there has been no currency symbol for the Indian rupee, just the abbreviation Rs, Re, or INR. India's Union Cabinet is expected to finalize the ...

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Personal finances not so rosy, despite national reawakening?

The Certified Financial Planner Board of Standards Inc. (CFP for short) just lately published the results of a poll that showed that Americans are optimistic about a national economic recovery in the next half year. However, as Bloomberg reports, the CFP study also shows that the majority of Americans do not have as much faith ...

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