The national median home price rose for the third straight month in April, indicating that a housing recovery is strengthening in 2012. In the 53 metropolitan areas surveyed by the RE/MAX National Housing Report, median home prices were 3.2% higher than March and a solid 5.9% higher than April 2011. After 18 consecutive months of [...]
Chief Financial Officers still see a tough road ahead, but are demonstrating a strong outlook, according to the most recent survey of CFOs conducted by Financial Executives International (FEI) and Baruch College’s Zicklin School of Business. CFOs in Europe and the United States have increased optimism in the global economy and their businesses, with fewer [...]
Crude oil output from the Organization of the Petroleum Exporting Countries (OPEC) climbed 320,000 barrels per day (b/d) to 31.71 million b/d in April from 31.39 million b/d in March, a just-released Platts survey of OPEC and oil industry officials and analysts showed. “This is one of the more significant month-on-month changes Platts has reported [...]
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON), releases the latest edition of its Global Catastrophe Recap report, which reviews the natural disaster perils that occurred worldwide during April. Published by Impact Forecasting, the firm’s catastrophe model development center of excellence, the report reveals that a series of severe weather [...]