5 December, 2014 by The TZ Newswire Staff Comments Off on Green Monday is the poor man’s Cyber Monday
Green Monday is the poor man’s Cyber Monday
It sounds like yet another opportunistic shopping holiday and, as much as any other holiday dreamed up by retailers, it is.
5 December, 2014 by The TZ Newswire Staff Comments Off on Deal Judge: Getting Suckers To The Market
Deal Judge: Getting Suckers To The Market
Ed. note: This is a new weekly column by Elie Mystal, Managing Editor of Above the Law Redline, wrapping up the week that was in law and finance. Elie is not a practicing attorney, and anything he says that you listen to can and will be used against you. Issue #1: The law has to…
5 December, 2014 by The TZ Newswire Staff Comments Off on Consumer Credit Growth Misses For 3rd Month, Credit Card Debt Trickles To A Halt
Consumer Credit Growth Misses For 3rd Month, Credit Card Debt Trickles To A Halt
For the 3rd month in a row, Consumer Credit growth rose less than expected. At $13.226 billion (against expectations of a $16.5bn gain), this is the smallest growth since Nov 2013. This is the first 3-month miss since June 2009. Once again, as expected, the rise is practically entirely due to student and auto loans (which now face 27% delinquency for the subprime borrowers) which rose by $12.3 billion, or 93% of the total.
First 3 month miss since June 2009
5 December, 2014 by The TZ Newswire Staff Comments Off on FHA leaves loan limits for 2015 nearly untouched
FHA leaves loan limits for 2015 nearly untouched
Federal limits on so-called conforming loans for the coming year will remain largely unchanged.
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5 December, 2014 by The TZ Newswire Staff Comments Off on Why Best Buy’s 15% November Rise Is Disappearing
Why Best Buy’s 15% November Rise Is Disappearing
The big-box electronics retailer had some success last month, but post-Black Friday fears have punished the stock in December.
5 December, 2014 by The TZ Newswire Staff Comments Off on Stocks On Pace For Mixed Weekly Results
Stocks On Pace For Mixed Weekly Results
Stocks continued to hold small gains late Friday and were poised to end mixed for the week. The Nasdaq rose 0.3%, but its six-week winning streak is in danger. The tech index is on pace for a weekly loss of around 0.2%. The S&P edged up 0.2% and was on track for a seventh straight weekly gain. That would be its longest win streak since an eight-week run in late 2013.
