30 July, 2014 by The TZ Newswire Staff Comments Off on US Grows At Faster Pace Than Expected in Second Quarter
US Grows At Faster Pace Than Expected in Second Quarter
Today’s financial recap and tomorrow’s financial outlook.
30 July, 2014 by The TZ Newswire Staff Comments Off on Right Now: House Voting Whether To Sue Obama
Right Now: House Voting Whether To Sue Obama
House Republicans are expected to formally approve their lawsuit against President Obama today. As John Boehner wrote earlier in the week, “President Obama has overstepped his constitutional authority — and it is the responsibility of the House of Representatives to defend the Constitution.” Voting has started on the ‘impeachment lite’ bill…
Click image for link to CSPAN coverage…
30 July, 2014 by The TZ Newswire Staff Comments Off on New Apple TV delayed until next year: Report
New Apple TV delayed until next year: Report
Apple TV will not launch until next year in part because cable companies are “dragging their heels,” The Information reports.
30 July, 2014 by The TZ Newswire Staff Comments Off on As Fed meets, key issues likely to stay unanswered
As Fed meets, key issues likely to stay unanswered
The Federal Reserve will likely end a policy meeting Wednesday with a lot of questions unanswered: When will it start tightening its benchmark short-term interest rate to make sure future inflation remains …
30 July, 2014 by The TZ Newswire Staff Comments Off on This Congress poised to be least productive in history
This Congress poised to be least productive in history
This session of Congress, the 113th, is currently the least productive congress ever. With only 125 public laws enacted since this congress began nearly two years ago, and an August recess coming up leading straight into midterm elections—it seems like the record for least done is all but won.
30 July, 2014 by The TZ Newswire Staff Comments Off on Wall Street gives up gains as GDP raises Fed concerns
Wall Street gives up gains as GDP raises Fed concerns
U.S. stocks were flat on Wednesday, paring earlier gains as a strong read on second-quarter economic growth sparked concerns the Federal Reserve may adjust its stimulus earlier than expected. Major indexes …
30 July, 2014 by The TZ Newswire Staff Comments Off on Carlyle’s second-quarter earnings double
Carlyle’s second-quarter earnings double
NEW YORK/LONDON (Reuters) – Carlyle Group LP (CG.O) said on Wednesday its second-quarter earnings doubled from a year earlier as one of its European buyout funds started paying performance fees, highlighting the growth potential of its private equity business in Europe. While two U.S. buyout funds accounted for more than half of all of Carlyle’s performance fees in the quarter, the Washington, D.C.-based private equity firm said its third European buyout fund was now also a contributor. “Europe and Japan are both priced at about 20 percent lower than the United States.