5 December, 2014 by The TZ Newswire Staff Comments Off on Welcome To Arcadia, CA; Chinese Billionaire’s "Mistress City"
Welcome To Arcadia, CA; Chinese Billionaire’s "Mistress City"
Having opened more than a few eyes to the rise of extreme wealth among Chinese billionaire’s children in America, particularly Southern California, we thought the following brief clip would provide some more color on the the so-called “Chinese Beverly Hills”.
5 December, 2014 by The TZ Newswire Staff Comments Off on Trading of the 30-year Treasury halted during jobs report
Trading of the 30-year Treasury halted during jobs report
The CME temporarily halts trading of 30-year Treasury bonds Friday morning at 8:30 a.m., just as the Labor Department was releasing its November nonfarm payrolls report, due to a possible lack of liquidity.
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5 December, 2014 by The TZ Newswire Staff Comments Off on Starbucks’ CEO: ‘We are just getting started’
Starbucks’ CEO: ‘We are just getting started’
The Starbucks Reserve Roastery and Tasting Room megastore that opened in Seattle on Friday is just the beginning, said CEO Howard Schultz.
5 December, 2014 by The TZ Newswire Staff Comments Off on Ron Paul Warns, Reckless Congress Just ‘Declared War’ On Russia
Ron Paul Warns, Reckless Congress Just ‘Declared War’ On Russia
5 December, 2014 by The TZ Newswire Staff Comments Off on Market Extra: Oil just plunged to Great-Recession levels
Market Extra: Oil just plunged to Great-Recession levels
The U.S. oil benchmark on Friday slumped again and settled at its lowest level since July 2009, back when the U.S.
5 December, 2014 by The TZ Newswire Staff Comments Off on Energy Bond Crash Contagion Suggests Oil Will Stay Lower For Longer
Energy Bond Crash Contagion Suggests Oil Will Stay Lower For Longer
When we first explained to the public here, that the excessive leverage and currently squeezed cashflow of many US oil producers could “trigger a broader high-yield market default cycle,” the world’s smartest TV-anchors shrugged off lower oil prices as ‘unequivocally good’ for all.
5 December, 2014 by The TZ Newswire Staff Comments Off on U.S. consumer debt rises $13.2 billion in October
U.S. consumer debt rises $13.2 billion in October
WASHINGTON (AP) — U.S. consumers increased their borrowing in October but at a slightly slower pace than in the previous month as credit card use slowed.