Consumer Spending Contiues to Fall – So What Will the CPG Industry Do?

Consumers have been slashing their spending for the last several months, feeding the already painful recession as millions of households are opting to save rather than buy. Within the consumer packaged goods (CPG) industry, escalating prices and stagnant wages are also causing consumers across all income levels to be extremely price sensitive, so they are ...

A Sector of Optimism

African Americans are more optimistic about their financial future over the next year than the general population, but the majority of those responding acknowledge they don’t have a financial game plan and many don’t know where to start. A new survey by The Smiley Group and Nationwide Insurance shows 58% of African Americans expect their ...

Reverse Merger Tip of the Week: Accredited Investors 1

In completing a financing contemporaneous with a PIPE, a challenge with investment banks can be making sure they know their investors.  Most financings into reverse mergers require the company to have a reasonable belief that the investors are accredited, meaning essentially that they meet a certain income or net worth test under SEC Regulation D. ...

US Budget Deficit to Hit over $1 Trillion in 2009

With the enormous amount of government spending transpiring, one question that is not being asked on a regular basis is how it will be affecting the national budget deficit?  CNN Money recently analyzed the current state of the governmental economy along with projections for the rest of the year, with some less than inspiring results. ...