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Understanding Data Mapping

Written by Act Data Services, Inc. 1-800-ACT-DATA According to research by Forrester, the volume of global annual EDI transactions has significantly increased …

Top Investment Tips for Beginners

Written by Access Industries If you have been able to control financial aspects such as savings, budgeting and debts, you might want …

The Power of Superbowl Commercials

By Phineas Upham The second largest day for food consumption in American isn’t Christmas or Easter. It’s the Superbowl. It’s one event …

The Origin of the YKK on Zippers

By Phineas Upham If you look closely at the zippers attached to most objects, like backpacks and sweaters, you’ll notice a small …

Fed upbeat on U.S. economy, cites strong job gains

By Michael Flaherty and Howard Schneider WASHINGTON (Reuters) – The Federal Reserve on Wednesday said the U.S. economy was expanding “at a solid pace” with strong job gains in a signal that the central bank remains on track with its plans to raise interest rates this year. The Fed repeated it would be “patient” in deciding when to raise benchmark borrowing costs from zero, though it also acknowledged a decline in certain inflation measures. After a two-day meeting of the Federal Open Market Committee, policymakers struck an upbeat tone on the U.S. economy's prospects and held to their view that energy-led weakness in inflation would dissipate. “The committee, in fact, was downright bullish on current economic conditions and the outlook,” said Paul Edelstein, director of financial economics at IHS Global Insight.

Europe markets pull back on FX settlement after Japan stocks climb

By Lionel Laurent LONDON (Reuters) – European shares and core bond yields fell on Wednesday, bucking a strong performance in Japan, with bank stocks under pressure following a landmark $3.4 billion settlement over allegations of price-fixing in currency markets. The pan-European FTSEurofirst 300 equity index was down 0.6 percent at 0852 GMT, while the STOXX Europe 600 banks index was down more than 1 percent. Regulators imposed penalties totaling $3.4 billion on UBS , Citigroup , HSBC , Royal Bank of Scotland and JP Morgan . …