30 July, 2014 by The TZ Newswire Staff Comments Off on Parents, you’re paying for college wrong
Parents, you’re paying for college wrong
When Junior’s college tuition bill comes, parents may want to rethink how they’re going to pay it.
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30 July, 2014 by The TZ Newswire Staff Comments Off on Energy firms rethink Russia after new sanctions
Energy firms rethink Russia after new sanctions
The downing of MH17 and tougher sanctions against Russia are pushing energy companies to take a fresh look at the results of the crisis.
30 July, 2014 by The TZ Newswire Staff Comments Off on Peter Schiff And Doug Casey On The "Real" State Of The Economy
Peter Schiff And Doug Casey On The "Real" State Of The Economy
Submitted by Nick Giambruno of Doug Casey’s International Man blog,
One of my favorite podcasts to listen to is The Peter Schiff Show (www.SchiffRadio.com).
Peter always does an excellent job of dissecting the latest economic news and cutting through the smoke and mirrors of government statistics.
30 July, 2014 by The TZ Newswire Staff Comments Off on Fed nods to firmer prices yet still focused on labor weakness
Fed nods to firmer prices yet still focused on labor weakness
The Federal Reserve on Wednesday reaffirmed it was in no rush to raise interest rates, even as it upgraded its assessment of the U.S. economy and expressed some comfort that inflation was moving up toward its target. After a two-day meeting, Fed policymakers took note of both faster economic growth and a decline in the unemployment rate, but expressed concern about remaining slack in the labor market. “Labor market conditions improved, with the unemployment rate declining further,” the Fed said in a statement.
30 July, 2014 by The TZ Newswire Staff Comments Off on Argentina fails to reach debt agreement, default imminent
Argentina fails to reach debt agreement, default imminent
BUENOS AIRES/NEW YORK (Reuters) – Argentina will default on its debt within hours after talks with holdout creditors broke down on Wednesday. As the clocked ticked toward a midnight (0400 GMT) deadline, Economy Minister Axel Kicillof stuck firmly to the government line, repeatedly denigrating the holdouts as “vultures” after two days of intense negotiations. Argentine banks scrambled to put together a proposal to buy out the non-performing debt held by hedge funds and avert a default. It also marks a set-back to the Buenos Aires government’s attempts to return to global credit markets.
30 July, 2014 by The TZ Newswire Staff Comments Off on Forget Ebola, Florida Issues "Flesh-Eating Bacteria" Public Health Warning
Forget Ebola, Florida Issues "Flesh-Eating Bacteria" Public Health Warning
As Ebola spreads mercilessly across the world, it appears Florida has a problem that sounds just as awful. As CBS reports, Florida health officials are warning beachgoers about a seawater bacterium that can invade cuts and scrapes to cause flesh-eating disease.
30 July, 2014 by The TZ Newswire Staff Comments Off on How Argentina Became A Bad Debtor
How Argentina Became A Bad Debtor
Following this evening’s lengthy finger-pointing lecture from Argentina’s Kicillof, Argentina formally defaulted. Shortly thereafter the hoped-for private bank bailout deal also failed leaving the default process likely to take a while. So how has Argentina defaulted three times in the last 28 years?
Submitted by Nicolas Cachanosky via the Ludwig von Mises Institute,