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Monday, March 10, 2014

Ten States (Including Maryland) With the Most Fraud Complaints By Thomas C. Frohlich

Ten States With the Most Fraud Complaints By Thomas C. Frohlich

http://247wallst.com/special-report/2014/03/07/ten-states-with-the-most-fraud-complaints/?utm_source=247WallStDailyNewsletter&utm_medium=email&utm_content=MAR072014A&utm_campaign=DailyNewsletter

Fraud and scams cost Americans more than $1.6 billion last year. According to a report from the Federal Trade Commission (FTC), there were more than 2 million cases of fraud in 2013, down slightly from the previous year...

Read more: Ten States With the Most Fraud Complaints - 24/7 Wall St. http://247wallst.com/special-report/2014/03/07/ten-states-with-the-most-fraud-complaints/#ixzz2vWwJ0Dz0
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6. Maryland http://247wallst.com/special-report/2014/03/07/ten-states-with-the-most-fraud-complaints/2/

> Complaints per 100,000 population: 667.7
> Total complaints: 39,582 (14th most)
> Identity theft complaints per 100,000: 95.5 (6th most)
> 2007-2012 home value change: -19.3% (7th worst)

There were more than 5,660 reports of identity theft in the state last year, 19% of which were categorized as credit card fraud, a higher proportion than in all but a few states.

Residents had the highest student loan debt as of the beginning of this year, with $32,470 on average. Credit card debt was also much higher than in most other states, according to Credit Karma. Also, 14% of all fraud and other complaints were made against banks and lenders, the most of any state in the nation last year. The state’s housing market may be making residents more susceptible to fraud. Home values fell by nearly 20% between 2007 and 2012, more than in all but a handful of states. http://247wallst.com/special-report/2014/03/07/ten-states-with-the-most-fraud-complaints/2/

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Friday, February 28, 2014

24/7 Wall St.:The 10 Cities Where No One Wants to Drive By Alexander E.M. Hess and Thomas C. Frohlich February 6, 2014

For many Americans, there’s no escaping the stressful rush hour drive — but not for everybody. Many choose not to own a car. In fact, according to a recent report, more than 9% of U.S. households did not have a car in 2012, a higher figure than five years ago. In 21 of the nation’s 30 largest cities, households were also less likely to have a vehicle than just five years earlier.

http://247wallst.com/special-report/2014/02/06/the-10-cities-where-no-one-wants-to-drive/?utm_source=247WallStDailyNewsletter&utm_medium=email&utm_content=FEB72014A&utm_campaign=DailyNewsletter

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According to a study by Michael Sivak, a research professor at the University of Michigan Transportation Research Institute, the growth in households without a vehicle provides evidence that Americans are less dependent on cars than in the past. Sivak’s research also indicates that, per capita, Americans own fewer vehicles, drive fewer miles, and consume less fuel. While the number of households without a car rose nationwide, from 8.7% in 2007 to 9.2% in 2012, figures by city differ dramatically. In San Jose, just 5.8% of households did not have a car. In New York, 56.5% of households did not have a car.

Click here to see the 10 cities where no one wants to drive

Read more: The 10 Cities Where No One Wants to Drive - 24/7 Wall St. http://247wallst.com/special-report/2014/02/06/the-10-cities-where-no-one-wants-to-drive/?utm_source=247WallStDailyNewsletter&utm_medium=email&utm_content=FEB72014A&utm_campaign=DailyNewsletter

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6. Baltimore, MD
> Pct. of households without a vehicle: 31.2%
> Pct. commuting to work via public transportation: 19.2% (23rd most)
> Transit score: 56.9 (10th best)
> Population: 620,216 (26th largest)

The percentage of Baltimore households without a car rose from 29.3% in 2007 to 31.2% in 2012. One reason may be the quality of walking routes and public transportation in the city; Baltimore received some of the top marks in the nation for both walking and public transportation. The Maryland Transit Administration operates a number of services, including commuter buses and trains, as well as a more-than 15 mile-long subway. In 2012, more than 19% of commuters took public transportation to work, one of the higher percentages in the nation. There are also plans to build a new light-rail system, called the Red Line.

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Read more: http://247wallst.com/special-report/2014/02/06/the-10-cities-where-no-one-wants-to-drive/?utm_source=247WallStDailyNewsletter&utm_medium=email&utm_content=FEB72014A&utm_campaign=DailyNewsletter

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Friday, December 23, 2011

24/7 Wall St.: The Worst Holidays On Record Since The Great Depression

24/7 Wall St.: The Worst Holidays On Record Since The Great Depression by JON C. OGG

Retail sales this holiday season are expected to rise 3.8% to a record of $469.1 billion, according to the National Retail Federation. Overall, it has not been the best holiday season, but it's a significant improvement from the last few years.

How does 2011 compare to other years? This is 24/7 Wall St.’s analysis of the worst Christmases since the Great Depression.

As always, here are the top major media headline summaries from WSJ, FT, Bloomberg, and more. Here are the top rumors of the day.

The most important financial developments that will affect the day ahead (Payroll taxes, AMR bankruptcy).

US Stock-Index Futures Rising into Holiday Weekend.

New numbers show that Facebook and Amazon are now essentially portals.

Google's decision to give Mozilla $900 million to support Firefox shows a difficult balancing act between its search business and its Chrome browser.

It may be a little easier to find jobs, but some Americans are now concerned about the quality of the jobs as much as they are about finding jobs at all.

Happy holidays!

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Monday, November 07, 2011

247wallst.com: Wall Street Down on Holidays as Retail Stocks Suffer

The price of retail stocks shows that Wall St. does not believe holiday sales will be good. Consumer electronics price discounts are normal during the holidays. This year's competition will be particularly vicious.

As always, here are the top major media headline summaries from WSJ, FT, Bloomberg, and more. Today's top analyst upgrades and downgrades were in shares of ALU, AIG, DK, GRPN, HD, ING, K, MDVN, PIR, DGX, TOL, VE, PAY, WES and YRCW. Here are the top rumorsof the day. The most important financial developments that will affect the day ahead - European stock markets battered, gas prices, super committee.

We also have the top analyst upgrades and downgrades of the prior week here in a short format. Here is an economic calendar along withselect earnings previews including Cisco and Disney.

The FDA says there are shortages of scores of drugs. Only a few matter when people fill prescriptions. Here are the eight drug shortages putting Americans at risk.

France has been the buffer between Germany and the balance of euro zone nations. Now, France is in financial trouble. The buffer is about to disappear.

GM's statement about doubling sales in China is an example of over-promising with a good chance of under-delivering.

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Tuesday, September 06, 2011

Market news and views by JON C. OGG at http://247wallst.com/

Market news and views by JON C. OGG at http://247wallst.com/

These are the eight cities where minorities are now in the majority. Brookings Metropolitan Policy Program’s “State of Metropolitan America” found that “Non-whites and Hispanics accounted for 98 percent of population growth in large metro areas from 2000 to 2010."
As this is the first day after Labor Day, we continued with our labor and jobs tributes.

Here are the The Most Promising Jobs of the Next Decade. If you are in technology, work as an analyst or cater to baby boomers, you're in luck.
Also, here are the Seven Jobs that Make Workers Sick, literally. Everyone knows it's dangerous to be a fire fighter or coal miner. But why are pilots and morticians at risk?
Given the long weeekend, here are some of the Highest Paying Jobs with the Most Time Off. Graduate school professors get paid well and have summers off. Why do judges and occupational therapists have it so good?
Who has to work this holiday - the Labor Day's laborers. While most of us have off, these are the professions that keep America safe, secure and running.

The markets are holding up better than some would have expected after Monday's international sell-offs.

As always, here are our top major media headline summaries from the likes of Bloomberg, WSJ, Reuters, FT and more.

The top analyst upgrades and downgrades this morning are in shares of ATVI, BEAV, CF, DDS, DNKN, ERTS, LDK, MRGE, NOV, PHM, SODA, TEA, X, and WAIR.

We also have today's top market rumors.
The Stock Trader's Almanac and others refer to September as being a jinx and being the worst calendar month of them all for the stock market. We analyzed this and gave and outlook on many of the DJIA components which will control the stock market performance this month.
Bank of America (BAC) is under fire, but right before Labor Day we identified ten steps the bank could take to get its stock back to $10 and higher.
The buyback tally for August was insane... almost $30 billion even before weeding out the dozens and dozens of smaller announcements.
As many of you were out Friday, there is a potential that the Netflix content problem with Starz could just be the tip of the iceberg.
What does a weak shipping climate right now tell you about the coming holiday season?

Have a great day!
JON C. OGG

http://247wallst.com/

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