2 September, 2014 by The TZ Newswire Staff Comments Off on Apple iCloud hack raises questions ahead of big release
Apple iCloud hack raises questions ahead of big release
The hack, or at least the result of it, comes just days before Apple is rumored to announce a new payments program that will allow consumers to use their iPhone as they would a credit card.
2 September, 2014 by The TZ Newswire Staff Comments Off on Walmart and Target could win big in dollar store battle
Walmart and Target could win big in dollar store battle
Who will win in the battle over Family Dollar?
2 September, 2014 by The TZ Newswire Staff Comments Off on Coming to Europe: A ‘three arrow’ strategy?
Coming to Europe: A ‘three arrow’ strategy?
Following Japanese Prime Minister Shinzo Abe’s footsteps, European Central Bank (ECB) chief Mario Draghi appears to be implementing his own three-pronged plan to rescue the euro zone economy.
2 September, 2014 by The TZ Newswire Staff Comments Off on Bullish U.S. data bolster growth outlook
Bullish U.S. data bolster growth outlook
The Institute for Supply Management (ISM) said on Tuesday its index of national factory activity rose to 59.0 last month, the highest reading since March 2011, from 57.1 in July. Separately, the Commerce Department said construction spending increased 1.8 percent to an annual rate of $981.31 billion, the highest level since December 2008. July’s percentage rise in construction spending was the largest since May 2012 and reflected gains across all categories, with the exception of federal government.
2 September, 2014 by The TZ Newswire Staff Comments Off on Bullish U.S. manufacturing, construction data bolster growth outlook
Bullish U.S. manufacturing, construction data bolster growth outlook
The Institute for Supply Management (ISM) said on Tuesday its index of national factory activity rose to 59.0 last month, the highest reading since March 2011, from 57.1 in July. Separately, the Commerce Department said construction spending increased 1.8 percent to an annual rate of $981.31 billion, the highest level since December 2008. July’s percentage rise in construction spending was the largest since May 2012 and reflected gains across all categories, with the exception of federal government.
2 September, 2014 by The TZ Newswire Staff Comments Off on U.S. construction spending hits highest level in 5-1/2 years
U.S. construction spending hits highest level in 5-1/2 years
Construction spending increased 1.8 percent to an annual rate of $981.31 billion, the highest level since December 2008, the Commerce Department said on Tuesday. July’s percentage increase was the largest since May 2012 and reflected gains across all categories, with the exception of federal government. Economists polled by Reuters had forecast construction spending increasing 1.0 percent after a previously reported 1.8 percent drop in June.
2 September, 2014 by The TZ Newswire Staff Comments Off on Wall St. little changed after strong August
Wall St. little changed after strong August
U.S. stocks were little changed on Tuesday as investors digested the latest batch of solid economic reports on the heels of the best monthly performance for the S&P since February. Financial data firm …