21 November, 2014 by The TZ Newswire Staff Comments Off on In Preparation For Tonight’s Ferguson Decision
In Preparation For Tonight’s Ferguson Decision
As America holds its breath for tonight’s (expected) grand jury verdict over the shooting of 18-year-old Michael Brown – by police officer Darren Wilson on August 9th – Missouri officials have said they have reached an understanding with protest leaders, as NY Times reports, on the conduct of demonstrations expected after the decision whether to indict Wilson or not comes down. Despite this ‘understanding’ it is clear that law-enforcement is ‘prepared’…
21 November, 2014 by The TZ Newswire Staff Comments Off on Soybean Futures Rise In Hopes Of Global Rate Cuts
Soybean Futures Rise In Hopes Of Global Rate Cuts
Soybean rose the most in a week and wheat advanced on speculation that global interest-rate cuts will spur economic growth and food demand. A measure of global equities advanced to the highest in two months after China trimmed benchmark rates for the first time since July 2012. The nation is the world’s top oilseed consumer. European Central Bank President Mario Draghi strengthened a stimulus pledge. U.S.
21 November, 2014 by The TZ Newswire Staff Comments Off on Overseas Stimulus News Drives Treasuries Higher
Overseas Stimulus News Drives Treasuries Higher
Treasuries rose for a second day with central banks in Europe and China increasing stimulus measures amid signs of slowing growth, raising the relative attractiveness of higher-yielding U.S. government debt. The difference in yields between benchmark 10-year Treasury notes and comparable German bunds is 1.54 percentage points.
21 November, 2014 by The TZ Newswire Staff Comments Off on Chuck Jaffe: 8 things for investors to be thankful for
Chuck Jaffe: 8 things for investors to be thankful for
Investors always have things to be thankful for, though that’s hard to recognize in bad times and easy to overlook in good ones.
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21 November, 2014 by The TZ Newswire Staff Comments Off on Behind the Storefront: Retailers aren’t optimistic about holiday season sales
Behind the Storefront: Retailers aren’t optimistic about holiday season sales
Consumer confidence and sentiment are at a seven-year high and the price of gasoline is below $3 a gallon, but retailers aren’t betting on them to get you to shop this holiday.
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21 November, 2014 by The TZ Newswire Staff Comments Off on Fed’s Dudley defensive on bank oversight
Fed’s Dudley defensive on bank oversight
New York Fed President Bill Dudley was put on the defensive by Senate Democrats, who accused the central bank of being too close to firms it oversees.
21 November, 2014 by The TZ Newswire Staff Comments Off on Central banks set Wall St. up for fifth straight weekly gain
Central banks set Wall St. up for fifth straight weekly gain
NEW YORK (Reuters) – U.S. stocks rose on Friday, putting major indexes on track for a fifth straight weekly advance, after China’s central bank cut its benchmark interest rate and its euro zone peer announced asset purchases in efforts to boost each region’s economy.