The Traderszone Network

Bank of England officials don’t need to see wage growth, but instead will be watching for signals a rise in pay is in prospect, the central bank’s governor, Mark Carney, says.
read more

Flashes of illumination rather than fireworks are expected at this week’s annual meeting of top central bankers and economists in Jackson Hole, Wyoming. Few predict anything so momentous as the speech by Federal Reserve chairman Ben Bernanke two years ago that paved the way for an unprecedented $85 billion per month stimulus plan. The spotlight will be on Janet Yellen, who will speak on Friday in her first appearance at Jackson Hole as Fed chair. “I don’t think she’s going to go anywhere close to monetary policy,” said Stephen Lewis, chief economist at ADM Investor Services.

Missouri’s governor ordered the National Guard onto the streets of Ferguson early Monday after another night of violence.

Professionals who want a career change are lining up to learn coding, and a slew of companies have popped up to meet this booming demand.

Dollar shifts lower in range-bound Asia as investors gear up for a big week of economic events.
read more

Establishing a tax domicile abroad to avoid U.S. taxes is a hot strategy in corporate America, but many companies that have done such “inversion” deals have failed to produce above-average returns for investors, a Reuters analysis has found. Among them was the first of these companies to invert, McDermott International Inc (MDR.N), which moved its tax home-base to Panama in 1983. Drugmakers are dominating the latest wave of inversions and most of them have outperformed the benchmark index. So far in 2014, five U.S.

read more

Tell us where will the next real estate bubble burst?