World / E-commerce
Pew Study Shows Sizable Chunk of US Still Not Online
03.07.2008 15:20
ecommercetimes.com
A new study shows the majority of Americans still on dial-up Internet access are keeping the slow connection by choice. The Pew Internet and American Life Project's "Home Broadband Adoption 2008" report finds only 55 percent of Americans are now using high-speed broadband connections -- up 8 percent from this time last year.
World
E-commerce
Not Really News: Cable, Satellite Customer Service Stinks
03.07.2008 15:20
ecommercetimes.com
Consumers are losing patience with cable and satellite TV customer service operators who are supposed to help solve their problems, according to a survey. Customers who've called for help rate their satisfaction with cable's and satellite's service desks at a score of 66 out of 100, research and consulting firm CFI Group says in its second annual Contact Center Satisfaction Index study.
World
E-commerce
Is Circuit City Headed for a Blowout?
03.07.2008 15:20
ecommercetimes.com
Will Circuit City join the long list of electronics retailers, like Tweeter Home Entertainment and Harvey Electronics, that have filed for Chapter 11 bankruptcy protection in the past year? Given that shares of the Richmond, Va., company are trading at just over $2, Wall Street is betting that could be a possibility.
World
E-commerce
Network Simulation and Emulation: Try It Before You Deploy It
03.07.2008 15:20
ecommercetimes.com
Best-in-Class organizations are three times more likely to leverage solutions for network simulation and emulation than Laggards, according to a February report by Aberdeen. Deployment of these solutions resulted in Best-in-Class companies being twice as likely to report improvements in their ability to accurately estimate the impact of new technology rollouts on network performance.
World
E-commerce
European Musicians: Don't Mess With Royalty System
03.07.2008 15:20
ecommercetimes.com
The Bee Gees' Robin Gibb and other European music composers warned Thursday that standardizing music royalties across Europe could hurt musicians and the songs they write. The European Commission, the EU's executive arm, is close to finishing an antitrust investigation into how royalties are collected.
World
E-commerce
UK Entrepreneurs Eye iPod Users With New miShake Player
03.07.2008 15:20
ecommercetimes.com
Two Birmingham, UK, businessmen are taking on the might of the iPod with a new audio and video player they hope will take the world by storm. The "miShake" was launched by 24-year-old Birmingham entrepreneurs Steve Beckford and Alex Sylvester who, after running their own online gadget shop Electro Box, saw a market opportunity.
World
E-commerce
Dollar Rallies on Non-Farm Payroll Data
03.07.2008 15:18
actionforex.com
The Usd rose in the European session based on better primarily on the Non-Farm payroll data, and comments by Trichet of the ECB. The EurUsd retracted from the low 1.59 level to the 1.57 price, while the UsdJpy moved from 105 to 106 based on dollar strength. The GbpUsd retreated...
World
E-commerce
ECB: Rate Hike but Remarkably Cautious
03.07.2008 15:18
actionforex.com
The signal the ECB sent out is that it is serious about its anti-inflation mandate, although markets were little changed after the decision as it was widely expected. However, in line with our expectations the ECB took a balanced approach while still leaving the door open for future changes in...
World
E-commerce
Today's Market Outlook
03.07.2008 14:17
actionforex.com
EURUSD: Continued to trend higher from 1.5303, 12 Jun low, taking out the key 1.5844 high from 09 Jun, now attacking the 1.5897, 31 Mar/21 Apr highs. Corrective dips have so far been short-lived, until the latest collapse through 1.5777. Overbought studies and a false break of 1.5897 have underpinned...
World
E-commerce
Service Sector Activity Slips in June
03.07.2008 14:17
actionforex.com
The Institute for Supply Management's non-manufacturing index (NMI) fell below expectations, down 3.5 points to 48.2 in June. The subcomponents confirmed the headline weakness as business activity, new orders and employment all contracted last month. Despite the slowdown, service sector activity likely added to Q2 real GDP growth.
World
E-commerce
Employment: Weakness Continues - Households Under Pressure
03.07.2008 14:17
actionforex.com
Jobs fell 62,000 in June after declines each month so far this year. Job losses were widespread as evidenced by the diffusion index. The unemployment rate was unchanged and remains over 5 percent since March. Hourly earnings continue to moderate so there are reduced wage-push inflation fears. Households and the...
World
E-commerce
NZDUSD Rally Should Be Sold
03.07.2008 14:17
actionforex.com
Slowly, the NZDUSD has fallen over 700 pips from its March top. We view the drop as just the beginning of a much larger decline. How low can Kiwi go? You may surprised by our target. We've preferred the bearish count presented above for some time. The rally from .3897-.7463...
World
E-commerce
Foreign Exchange Market Daily Update
03.07.2008 13:19
actionforex.com
Foreign exchange markets are widely ignoring weak US jobs data in light of ECB President Trichet's neutral stance on interest rates following today's widely anticipated 25 basis point interest rate hike. Markets were anticipating a larger gain in unemployment, so a loss of only 62,000 jobs was relatively good news...
World
E-commerce
U.S.: ISM Non Manufacturing Slumps in June
03.07.2008 12:18
actionforex.com
The U.S. non manufacturing ISM index fell to 48.2 in June, which was a cyclical low, though not an all-time low. The composite index is now below the 6-month average of 49.2 and most of the subcomponents pared back or indicated some pressure in June. The most notable was the...
World
E-commerce
U.S. Market Update
03.07.2008 12:18
actionforex.com
The USD firmed following the ECB's first interest rate hike in 13 months. The ECB duly noted that the rate decision was taken to prevent second-round inflationary effects, as expected. Oil hit fresh all-time highs of $145.85 ahead of the decision. Currency dealers debated whether the rate hike was a...
World
E-commerce
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