Last year was undoubtedly a year for the record books in both the financial and housing sectors, as the nation’s economic crisis pushed mortgage default servicing to the forefront of mainstream business news in America. In its January issue, DS News, the only news source dedicated entirely to the mortgage default servicing industry, takes an [...]
Trend Data Shows More Focus on Compliance, Job-Specific, and Industry-Specific Training; Coaching and Informal Learning; and Increase in Outsourcing Economic constraints have taken a toll on corporate training budgets. Bersin & Associates’ just-published 2009 Corporate Learning Factbook shows that over the last year, companies have cut training spending and staffing; changed training program priorities; moved [...]
Comerica Bank’s Dana Johnson and Stanford University’s John B. Shoven say government aid to banks was critical in preventing collapse of financial system The national recession may be the longest and deepest in 60 years, but it will bottom out in 2009 followed by a sharp rebound, two economists agreed today at the Comerica Bank [...]
Inflation will be further stoked by growing oil supply crunch To pay for its multi-trillion dollar bailout and stimulus packages, the Obama administration will print money at an unprecedented rate, a course that will drive up inflation and drive down the greenback while shifting a large part of the financial burden onto foreign investors, finds [...]