25 July, 2014 by The TZ Newswire Staff Comments Off on Corrections: 10-year Treasury yield falls for third straight week
Corrections: 10-year Treasury yield falls for third straight week
A July 25 story by MarketWatch misspelled the name of Dominick D’Eramo.
25 July, 2014 by The TZ Newswire Staff Comments Off on Stocks End Down In Light Trade; Amazon Plunges 10%
Stocks End Down In Light Trade; Amazon Plunges 10%
Stocks fell in light volume Friday, led by Amazon’s 10% plunge following a weaker-than-expected earnings report. The Dow Jones industrial average lost 0.7%, sinking below 17,000, as Visa (V) fell nearly 4% after a mixed earnings report. The Nasdaq and the S&P 500 dropped 0.5% each. Volume fell 12% on the Nasdaq and 14% on the NYSE, according to preliminary data.
25 July, 2014 by The TZ Newswire Staff Comments Off on ‘Ace,’ a master of the memo as well as a universe
‘Ace,’ a master of the memo as well as a universe
Immediate thoughts on Alan Greenberg, the former chief executive of Bear Stearns known to friends and foes as “Ace,” who died Friday at age 86.
Mr. Greenberg took the helm at Bear in…
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25 July, 2014 by The TZ Newswire Staff Comments Off on The 401(k) plans you wish you had
The 401(k) plans you wish you had
Company provided 401(k) plans are a fantastic perk, but not all are created equal. Peggy Collins of Bloomberg News spent six months researching company filings and has come up with a list of the best, and worst, company 401(K) plans.
25 July, 2014 by The TZ Newswire Staff Comments Off on Obama’s running out of time to fill vacant Fed board seats
Obama’s running out of time to fill vacant Fed board seats
President Barack Obama is running out of time to fill two empty seats on the Federal Reserve Board of Governors this year, just as U.S. central bankers start to lay plans to exit from record monetary easing. The White House hasn’t nominated anyone for the seats on the seven-member board, and even someone submitted this week wouldn’t be confirmed until two weeks after the Nov. 4 elections, if history is any guide: the Senate has taken an average of 119 days to confirm Obama’s 10 Fed Board nominations since 2009.
25 July, 2014 by The TZ Newswire Staff Comments Off on This surprising asset may become a new safe haven
This surprising asset may become a new safe haven
U.S. shale has put the country on the same terrain as Saudi Arabia and Russia as an energy power. In the process, it may turn oil into a safe haven.
25 July, 2014 by The TZ Newswire Staff Comments Off on Visa weighs on the Dow, Starbucks loses steam, Pandora plummets
Visa weighs on the Dow, Starbucks loses steam, Pandora plummets
A disappointing outlook from Visa takes a bite out of the Dow, while lower guidance at Starbucks and Pandora send investors to the exits.