15 September, 2014 by The TZ Newswire Staff Comments Off on Bank Of America Has A Message For Its European Depositors: "We May Charge You"
Bank Of America Has A Message For Its European Depositors: "We May Charge You"
Because Mario Draghi wasn’t joking about that whole NIRP thing. And yes, negative deposit rates mean just that.
15 September, 2014 by The TZ Newswire Staff Comments Off on IRAs And 401(k)s Climbing In Average Values
IRAs And 401(k)s Climbing In Average Values
More evidence is out that the ongoing rally in the stock market today is helping to boost retirement prospects for millions of Americans. Retirement account balances rose 10% from 2010 to 2013, according to a new report by the Federal Reserve. The Fed’s September Bulletin, looking at American households’ finances, shows that the average balance in retirement accounts — including IRAs and 401(k)s — hit $201,300 at the end of last year.
15 September, 2014 by The TZ Newswire Staff Comments Off on Newsflash To Fed: 122 Billion Bottles Of Beer On The Wall Is About Asset Bubbles, Not Jobs
Newsflash To Fed: 122 Billion Bottles Of Beer On The Wall Is About Asset Bubbles, Not Jobs
Submitted by David Stockman via Contra Corner blog,
15 September, 2014 by The TZ Newswire Staff Comments Off on NewsWatch: What millennials want in a home
NewsWatch: What millennials want in a home
Millennials aren’t in a rush to buy their own homes.
15 September, 2014 by The TZ Newswire Staff Comments Off on After-hours buzz: Alcoa, General Motors, Yahoo & more
After-hours buzz: Alcoa, General Motors, Yahoo & more
Headlines after the bell Monday:
15 September, 2014 by The TZ Newswire Staff Comments Off on Happy Birthday Lehman Bankruptcy: Silver +71%, Gold +61%, S&P +58%
Happy Birthday Lehman Bankruptcy: Silver +71%, Gold +61%, S&P +58%
Three charts… “The West is done, it’s over! We screwed it all up. Do you want your great-grandchildren speaking Chinese?”
Market Performance (from the close before Lehman BK) – Silver +71%, Gold +61%, S&P +58%
15 September, 2014 by The TZ Newswire Staff Comments Off on IPhone 6 preorders hit new record
IPhone 6 preorders hit new record
A record 4 million first-day pre-orders for the iPhone 6 were logged, double the number for the iPhone 5 two years ago.