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Venture Capital Fund Raising Deals

Leisure Inequality a Mirror Image of Income Inequality: Study

The richest 2% of adults in the world own more than half of global household wealth according to a recent study. But those at the bottom of the the income spectrum seem to have more time at their hands, as during the last 30 years high-wage workers spent more time working and left with less leisure time. 

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Top 10 Surveys, Polls, and Market Research Insights on Trends for Today

Here is a list of the some key surveys, polls, studies and market research reports that came out today, which may have implications for consumers and/or businesses.

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Economic Indicators for Today: CPI Unchanged; Industrial Production Up

On a seasonally adjusted basis, the Consumer Price Index (consumer inflation) was unchanged in November, following declines of 0.5% in each of the preceding two months, according to the U.S. Department of Labor report. Energy prices, which declined sharply in September and October, fell 0.2 percent in November. The food index decreased 0.1 percent in November. 

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How Critical is IT in Financial Services? Cool $317.7 billion

Financial services forms are enjoying record profits and staggering year-end holiday bonuses. Goldman Sachs alone is planning to dole out some $16 billion in employee bonuses this year. In addition to smart people, financial services firms are heavily dependent on Information Technology (IT), seeking sustainable operational efficiencies. 

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Yahoo! Answers Celebrates 60M Users, 160M Answers and 1st Bday

Yahoo! Answers turns one and celebrates a growing community of 60 million users and 160 million answers. Almost one in three online adults (33%) have used a Q&A site, and 52% of those say that information from a Q&A site has influenced a decision they have made, according to a recent survey commissioned by Yahoo! and conducted by Harris Interactive. 

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U.S. Worker Interruptions Cost $588 billion Each Year: Study

U.S. office workers get interrupted on the job as often as 11 times an hour, costing as much as $588 billion to U.S. business each year, according to research, reports Reuters. A typical manager is interrupted 6 times an hour, one recent study showed.

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IDC: Mobile Enterprise Application Market to Reach $3.5 Billion by 2010 

Driven by mobile employee, the mobile enterprise application market reached $1.2 billion in 2005 and is expected to grow at double digit 23% CAGR to hit $3.5 billion in 2010, according to IDC. 

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FT: Non-Public 150 Companies Worth $7 trillion, Dominated by Oil and Private Equity

The first comprehensive study of the world’s largest unlisted companies, "The FT’s Non-Public 150" by the Financial Times and McKinsey, found that Saudi Aramco, the Saudi Arabian state company that sits on by far the world’s largest conventional oil reserves, is worth an estimated $781 billion, some 80% larger than the $454 billion market capitalization of its publicly listed rival ExxonMobil. 

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