16 October, 2014 by The TZ Newswire Staff Comments Off on High-frequency trading firm fined for wave of last-minute trades
High-frequency trading firm fined for wave of last-minute trades
A high-frequency trading firm on Thursday was fined for allegedly manipulating prices through a wave of last-minute orders, in what the Securities and Exchange Commission calls its first-ever manipulation case involving the hotly debated tactic.
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16 October, 2014 by The TZ Newswire Staff Comments Off on Apple, Inc. Is Ready for the Holidays
Apple, Inc. Is Ready for the Holidays
Apple finalizes its overall product lineup just in time for the fourth quarter. It’s going to be a busy holiday iShopping season.
16 October, 2014 by The TZ Newswire Staff Comments Off on This price would kill U.S. oil production growth
This price would kill U.S. oil production growth
It would take a drop in crude prices to about $50 a barrel before U.S. oil production growth would be choked off.
16 October, 2014 by The TZ Newswire Staff Comments Off on Fed’s Bullard signals more QE could be needed amid tepid inflation
Fed’s Bullard signals more QE could be needed amid tepid inflation
St. Louis Fed President James Bullard said the central bank should consider delaying its plans to halt its vast bond-buying program in light of unexpectedly light inflation expectations.
16 October, 2014 by The TZ Newswire Staff Comments Off on Apple reveals iPad Air 2, Apple Pay, new Macs
Apple reveals iPad Air 2, Apple Pay, new Macs
Apple unveiled a thinner iPad Thursday with a faster processor and a better camera as it tries to drive excitement for tablets amid slowing demand.
16 October, 2014 by The TZ Newswire Staff Comments Off on European shares trim losses after 13-month low on Fed optimism
European shares trim losses after 13-month low on Fed optimism
European equities trimmed their losses late on Thursday after hitting a 13-month low on concern that global growth is slowing, and U.S. In addition, St. Louis Federal Reserve Bank President James Bullard said the Fed may keep up its bond-buying stimulus, since inflation expectations had diminished. “The market was technically extremely ‘oversold’ and investors were looking for an excuse to jump back into the market,” said Philippe Gijsels, head of research at BNP Paribas Fortis Global Markets in Brussels.