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Technology companies have a bright future despite their recent troubles, but the future is overseas, BusinessWeek says. "With affluent markets maturing, tech's next 1-billion customers will be Chinese, Indian, Brazilian, Thai." In reaching them, the tech industry will be deeply transformed, the magazine says. It says emerging markets should see sales surge 11 percent a year over the next five years to $230-billion.
Women outperformed men last year as stock market investors. Better Investing says all-women investment clubs achieved a 23.2 percent rate of return in the 12 months ended April 30. All-men clubs had returns of 22.9 percent; mixed clubs had returns of 22.6 percent. The overall average return for all investment clubs was 23 percent, which matched the return of the Dow Jones Industrial Average for that period but was just shy of the 24 percent return by Standard & Poor's 500-stock index. The magazine based its annual survey on the performances of about 500 clubs.
If you're a perennial job hunter with a resume posted at an online job site, how often should you update it? Here's a hint: Seventy percent of employers using the Monster search site said they search only resumes posted in the past three months, seeking the freshest.
More Americans are seeking professional advice in managing their money, Barron's says in announcing its annual list of America's top 100 brokers. The financial weekly says financial advisers are "the most important professionals" when it comes to helping Americans achieve their goals for retirement and for their children's education.
The Beanie Baby boom of the late 1990s has gone bust. At the height of the craze in 1998, the floppy $5 to $7 toys were valued at thousands of dollars on the resale market; now they typically sell for $2 apiece at flea markets. Pop culture experts say Beanie Babies were just another fad in a repeating novelty cycle.Compiled from Times wires and Web sites.