4 September, 2014 by The TZ Newswire Staff Comments Off on Ambarella Knocks It Out of the Park
Ambarella Knocks It Out of the Park
4 September, 2014 by The TZ Newswire Staff Comments Off on Euro under water as ECB opens liquidity spout
Euro under water as ECB opens liquidity spout
The euro was deep under water on Friday having suffered its steepest daily fall in three years after the European Central Bank stunned markets by cutting interest rates and embarking on a trillion-euro asset-buying binge. The aggressive shift sent short-term bond yields into negative territory in Germany, France, the Netherlands and Austria, giving investors an overwhelming incentive to sell euros for higher yielding assets elsewhere.
4 September, 2014 by The TZ Newswire Staff Comments Off on U.S. interest rates are too high: Fed’s Kocherlakota
U.S. interest rates are too high: Fed’s Kocherlakota
A top Federal Reserve official on Thursday said he believes U.S. “Interest rates are not low enough,” Minneapolis Federal Reserve President Narayana Kocherlakota said at a Town Hall meeting in Montana, citing subdued inflation and “unacceptably high” unemployment as evidence. The fact that the Fed has not been able to achieve its twin objectives of maximum employment and 2-percent inflation suggests the need for lower rates, he said. The Fed has kept short-term interest rates near zero since December 2008 in an effort to pull the economy from its worst recession in decades.
4 September, 2014 by The TZ Newswire Staff Comments Off on How Far Your Spending Money Goes in Each State
How Far Your Spending Money Goes in Each State
4 September, 2014 by The TZ Newswire Staff Comments Off on The US Housing ‘Recovery’ In 1 Chart
The US Housing ‘Recovery’ In 1 Chart
Context is king. Week-in, week-out, we are reassured by whoever the next talking-head is that the recovery-meme is alive-and-well (despite consensus GDP expectations continued to slide for 2014), and that housing is back. The fact that mortage applications inched 0.2% higher on the week (as mortgage rates briefly dropped below 4% for a day – back at 4.20% now) is extrapolated into full recovery when the following chart perhaps provides a little clearer picture of just what has happened in this ‘recovery’.
4 September, 2014 by The TZ Newswire Staff Comments Off on 6 Tips to Improve a Credit Score Fast
6 Tips to Improve a Credit Score Fast
4 September, 2014 by The TZ Newswire Staff Comments Off on Fast-Food Workers Strike, Arrested Across America: The Unseen Costs Of The Minimum Wage
Fast-Food Workers Strike, Arrested Across America: The Unseen Costs Of The Minimum Wage
“Get up! Get down! Fast-food workers run this town!” were the chants from fast-food workers in over 100 cities across America today, as empowered by President Obama’s explanation of ‘fairness’, they demanded a $15-per-hour minimum wage amid strikes, rallies, and acts of civil disobedience.
“They want $15 an hour and McDonalds Corporation should give it to them immediately” – Protest Organizerr Rev. Charles Williams II