16 May, 2014 by The TZ Newswire Staff Comments Off on US consumer sentiment slips in May, focus on wages
US consumer sentiment slips in May, focus on wages
A monthly gauge of U.S. consumer sentiment fell in May as a gloomy view on income growth clouded an otherwise positive economic outlook.
16 May, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Darden to sell Red Lobster for $2.1 billion
The Wall Street Journal: Darden to sell Red Lobster for $2.1 billion
Sale to private equity firm Golden Gate Capital comes after criticism from shareholders.
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16 May, 2014 by The TZ Newswire Staff Comments Off on Futures Movers: Oil edges up, on pace for 1.8% weekly gain
Futures Movers: Oil edges up, on pace for 1.8% weekly gain
Crude oil moves slightly higher Friday, adding to its weekly advance after a better-than-expected housing report.
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16 May, 2014 by The TZ Newswire Staff Comments Off on Images from BTIG’s Commissions for Charity Day
Images from BTIG’s Commissions for Charity Day
Wall Street knows how to give back. On Tuesday, agency-only broker BTIG held its annual Commissions for Charity Day. This is an event where celebrity participants join BTIG sales traders as brokers in an effort to raise money for a variety of charities.
16 May, 2014 by The TZ Newswire Staff Comments Off on Jason Haver: Equities and Bonds — Signs That Bears May Have More Firepower
Jason Haver: Equities and Bonds — Signs That Bears May Have More Firepower
Equities are following the projections, while there continue to be hints that risk-off is taking over.
16 May, 2014 by The TZ Newswire Staff Comments Off on Want more profits? Get ready to take more risks
Want more profits? Get ready to take more risks
Investors looking to keep the good returns rolling in will have to take more risk than they’ve had to in some time.
16 May, 2014 by The TZ Newswire Staff Comments Off on Bernanke The Sophist: The Deception Behind QE
Bernanke The Sophist: The Deception Behind QE
Submitted by Charles Hugh-Smith of OfTwoMinds blog,
Bernanke’s legacy: a deceptive case for a failed policy.
Sophistry: the use of fallacious arguments, especially with the intention of deceiving. The Federal Reserve’s core policy of quantitative easing (QE) is based on a deceptive but appealing argument voiced by former Fed Chair Ben Bernanke.
Longtime correspondent Harun I. explains the fallacy of Bernanke’s case for QE.