2 May, 2014 by The TZ Newswire Staff Comments Off on Why low rates aren’t spurring more jobs
Why low rates aren’t spurring more jobs
You’d imagine that low rates would encourage hiring. But companies can’t quite figure out what the economy will do when interest rates move to more normal levels.
2 May, 2014 by The TZ Newswire Staff Comments Off on U.S. bankruptcy judge urges settlement on GM ignition defects
U.S. bankruptcy judge urges settlement on GM ignition defects
A U.S. bankruptcy judge on Friday urged settlement talks in a dispute between General Motors Co (GM.N) and plaintiffs seeking compensation for the lost value of their cars stemming from a massive recall over a faulty ignition switch. Judge Robert Gerber, of the U.S.
2 May, 2014 by The TZ Newswire Staff Comments Off on Warren Buffett’s son Howard may be his successor
Warren Buffett’s son Howard may be his successor
Farmer, philanthropist and volunteer deputy sheriff is slated to take over as head of Berkshire.
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2 May, 2014 by The TZ Newswire Staff Comments Off on The $1,000 mint julep
The $1,000 mint julep
This Kentucky Derby cocktail’s a long shot for most budgets.
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2 May, 2014 by The TZ Newswire Staff Comments Off on Nordea Warns Of EU Recession And $150 Oil If Russia Retaliates
Nordea Warns Of EU Recession And $150 Oil If Russia Retaliates
Authored by Thina Margrethe Saltvedt and Aurelija Augulyte of Nordea Bank,
2 May, 2014 by The TZ Newswire Staff Comments Off on Investing Strategy: Try Not to Lose Money Looking for Yields
Investing Strategy: Try Not to Lose Money Looking for Yields
ETFs with defined maturity dates and market-linked CDs with FDIC backing are two solutions for investors on a fixed income.
2 May, 2014 by The TZ Newswire Staff Comments Off on Stocks Slip Late, But Weekly Gains Seen
Stocks Slip Late, But Weekly Gains Seen
Stocks have turned modestly lower in late trading Friday, but were still on pace to end the week with gains. The Dow Jones industrial average fell 0.3%. Broader indexes such as the S&P 500 and the Nasdaq slipped 0.2% and 0.1%, respectively. All three were on pace to end the week with gains of 1%, more-or-less. Volume was tracking lower in the stock market today.