24 October, 2014 by The TZ Newswire Staff Comments Off on Trading could get scary next week as Fed day looms
Trading could get scary next week as Fed day looms
The Fed is expected to end its quantitative easing program—the much-anticipated action that’s been at the very heart of the market’s fears.
24 October, 2014 by The TZ Newswire Staff Comments Off on Rex On Techs: Nadella’s cloud strategy is working for Microsoft
Rex On Techs: Nadella’s cloud strategy is working for Microsoft
The new CEO is taking the software giant in the right direction.
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24 October, 2014 by The TZ Newswire Staff Comments Off on Stocks Cap Week With Solid Gains; Gilead Clears Buy Point
Stocks Cap Week With Solid Gains; Gilead Clears Buy Point
Stocks rallied for a second straight session Friday amid another round of earnings reports. The Nasdaq and the S&P 500 rose 0.7% each. Meanwhile, the Dow Jones industrial average outperformed with an 0.8% gain. Procter & Gamble (PG), 3M (MMM) and Microsoft (MSFT) were among the blue-chip index’s best performers. Volume fell across the board in the stock market today.
24 October, 2014 by The TZ Newswire Staff Comments Off on Is the U.S. holding too much oil in reserve?
Is the U.S. holding too much oil in reserve?
Does America have too much oil in its reserves? Senator Ron Wyden of Oregon fired off a letter this week asking the Department of Energy to study the “size and make-up” of the U.S.’ Strategic …
24 October, 2014 by The TZ Newswire Staff Comments Off on Why Costco pays its retail employees $20 an hour
Why Costco pays its retail employees $20 an hour
Last week, we wrote about The Container Store…
24 October, 2014 by The TZ Newswire Staff Comments Off on New home sales: better luck next year
New home sales: better luck next year
New data out this morning showed new home sales rose to 467,000 on a seasonally-adjusted basis in September. The 0.2% growth may seem like a small number, but it’s the fastest pace of increase since July 2008. We talked to McGladrey’s chief economist Joe Brusuelas about why he’s not impressed with the number.
24 October, 2014 by The TZ Newswire Staff Comments Off on Bank of Ireland staff set for first pay rise since crisis
Bank of Ireland staff set for first pay rise since crisis
Staff at Bank of Ireland, the country’s largest bank by assets, are set to receive their first pay increase in six years after the part state-owned lender reached an agreement with its largest trade union on Friday. Bank of Ireland said the new proposals would increase salaries by 1.75 percent this year, back-dated to July, and by 2 percent from January. The bank, Ireland’s only lender to escape nationalisation, reported a profit for the first time in five years in August.