Wave of pension shortfalls threatens to wash over many local governments in the near future.
The nation’s largest municipal pension plans are carrying a total unfunded liability of $574 billion, which comes on top of as much as $3 trillion in unfunded pension promises made by the states, according to a report released Tuesday.
Continue reading… “Growing Wave of Pension Shortfalls Threatens Local Governments”
Seed capital is the early stage money needed to get most businesses off the ground. It is considered a high-risk investment, but one that can reap major rewards if the company becomes a growth enterprise. This type of funding is often obtained in exchange for an equity stake in the enterprise, although with less formal contractual overhead than standard equity financing.
Continue reading… “Seed Capital Boot Camp – How to Find Investors for Your Business”
Nearly 10 million households in the US have a net worth of at least $1 million, excluding their primary residences, according to TNS’s “Affluent Market Research Program.”
The research company said the number of millionaire households increased by 5.9% from June 2006 to June 2007. It was the sixth such increase in as many years.
Continue reading… “Millionaire Households on the Rise”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
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