5 September, 2014 by The TZ Newswire Staff Comments Off on Intercontinental Exchange to Acquire SuperDerivatives
Intercontinental Exchange to Acquire SuperDerivatives
The acquisition will accelerate the expansion of ICEs comprehensive multi-asset class clearing strategy.
5 September, 2014 by The TZ Newswire Staff Comments Off on Detroit CFO says higher taxes wouldn’t help city
Detroit CFO says higher taxes wouldn’t help city
Detroit residents are “highly taxed” and imposing even higher taxes wouldn’t be a good way to take the city out of bankruptcy, the chief financial officer testified Friday. John Hill, who was …
5 September, 2014 by The TZ Newswire Staff Comments Off on Did Bernanke save the U.S. economy? Paul Krugman thinks so
Did Bernanke save the U.S. economy? Paul Krugman thinks so
You can never prove a counterfactual — i.e. what would have happened if the Fed hadn’t acted — but the doomsayers were dead wrong, or at least dreadfully early in their prognostications.
5 September, 2014 by The TZ Newswire Staff Comments Off on What’s at stake for Apple, Tim Cook next week
What’s at stake for Apple, Tim Cook next week
Apple’s big product announcement is Sept. 9. How much is riding on Tim Cook’s shoulders?
5 September, 2014 by The TZ Newswire Staff Comments Off on Stocks Battle Back, But Priceline Trips 8% Sell Rule
Stocks Battle Back, But Priceline Trips 8% Sell Rule
Stocks battled back to narrow gains Friday afternoon after a weak open. The S&P 500 climbed back above the break-even line, up 0.2%. The Dow Jones industrial average also added 0.2%. The Nasdaq, which earlier appeared headed for a third straight loss, rebounded to a 0.1% advance. Volume was running lower on both major exchanges vs. Thursday’s pace. Priceline (PCLN) slid almost 3% in heavy volume. The stock broke out Aug.
5 September, 2014 by The TZ Newswire Staff Comments Off on Everything That’s Wrong With Banking Summed Up In One Bonehead Advertisement
Everything That’s Wrong With Banking Summed Up In One Bonehead Advertisement
Submitted by Simon Black via Sovereign Man blog,
If you’re looking around right now for a new bank account that pays a reasonable rate of return, ANZ bank has a hell of a deal for you: 0%!
That’s right. ANZ is offering its depositors absolutely zero interest.
5 September, 2014 by The TZ Newswire Staff Comments Off on Actually, this jobs report holds water, says pro
Actually, this jobs report holds water, says pro
Contrary to a loud chorus of economists, one stock market observer says the August jobs data is actually inline with the economy.