Seventy-five percent of women will face retirement alone and as many as 90 percent will, at some point in their lives, be solely responsible for their financial well-being, according to cultural expert and author Gail Sheehy. According to Pat Hinds, financial advisor and founder of Granite Financial, because women will likely outlive the men in their lives, they also will need their financial resources to last longer. "The flip side to needing finances to last longer is that women continue to earn less than men for a variety of reasons," says Hinds. "This differential in earnings can really add up; over a lifetime, the shortfall is around $225,000." (PRWeb Mar 18, 2008)

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Cachematrix Holdings, LLC, the leading provider of institutional money market fund trading software and back office solutions for banks and financial institutions, announced today that more than $620 billion in institutional money market fund assets were traded through portals and customized trading systems powered by its software through 2007..The exponential jump in trade volumes in 2007, which increased 375 percent in terms of assets, set a new volume record for Cachematrix. The increase reflected the addition of new bank and financial services customers who have incorporated Cachematrix's institutional money market trading software into their product offering. (PRWeb Mar 18, 2008)

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Determining how to finance a retirement that offers the lifestyle desired can be a challenging task. For most people, having enough money to retire is a major undertaking and making sense of all the investment opportunities can be daunting. Consumers who want to determine their risk and readiness levels, improve their knowledge of personal finances, and learn essential ways to maximize their 401(k) and other similar types of employer-sponsored plans may find the results of the surveys and information available on the Merit Retirement Resource Center illuminating and potentially surprising. (PRWeb Mar 18, 2008)

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Reuters - The Federal Reserve slashed
U.S. interest rates on Tuesday, boosting Wall Street, which was
already higher on stronger-than-expected investment bank
earnings.

Reuters - The Federal Reserve slashed
U.S. interest rates on Tuesday, boosting Wall Street, which was
already higher on stronger-than-expected investment bank
earnings.

The Global NeuroLeadership Summits will take place in Sydney, Australia and New York City in September and October 2008. The North American Summit in NYC, October 28-30, will feature leaders in the NeuroLeadership field, including David Rock, Jeffrey Schwartz, and some of the world’s leading neuroscientists, including Matthew Lieberman and Kevin Ochsner. Attendees will include organizational senior leaders and others interested in the new science of change and exploring new paradigms for building today’s and tomorrow’s leaders. (PRWeb Mar 18, 2008)

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The Economist kicks-off its sixth online debate. The Economist Debate Series is a sequence of online events aimed at elevating conversations around important global issues in a public online forum. The most recent proposition topic, which focuses on the benefit or failure of government regulation in business, will be debated over the course of two weeks. The Economist invites anyone interested in the topic to join the conversation, contribute opinions and cast a vote for or against the proposition. (PRWeb Mar 18, 2008)

Read the full story at http://ww1.prweb.com/releases/economist/debate/prweb784254.htm

Reuters - Visa Inc burned its name into
the record books for U.S. initial public offerings on Tuesday,
raising $17.9 billion as investors seized on its growth
potential and lack of direct exposure to the global credit
crisis.

Reuters - A U.S. government auction of
wireless airwaves ended on Tuesday raising a record $19.59
billion, but winners of the valuable spectrum were not
immediately identified.

Broadlane announced today the signing of an exclusive agreement with Beaumont Hospitals, a tri-county health system based in Royal Oak, Michigan. The agreement is to provide comprehensive and advanced supply chain services customized specifically for Beaumont Hospitals in order to maximize savings and efficiency for the system’s $300 million annual spend. Terms of the agreement were not disclosed. (PRWeb Mar 18, 2008)

Read the full story at http://ww1.prweb.com/releases/2008/03/prweb780584.htm