8 January, 2015 by The TZ Newswire Staff Comments Off on How lower oil prices could fuel more hiring in US
How lower oil prices could fuel more hiring in US
In June, when oil cost $107 a barrel, U.S. employers added a healthy number of jobs — 267,000. Now, with oil below $50, hopes are rising that hiring in the United States is poised to intensify.
8 January, 2015 by The TZ Newswire Staff Comments Off on Pentagon seeking 20% cut in war funding to $51 billion
Pentagon seeking 20% cut in war funding to $51 billion
The Pentagon will request about $51 billion in war funding for the fiscal year starting Oct. 1, a 20 percent reduction from the $64 billion Congress approved this year and the least since the Sept. 11 …
8 January, 2015 by The TZ Newswire Staff Comments Off on GM CEO sees U.S. auto market flattening, but room for growth
GM CEO sees U.S. auto market flattening, but room for growth
General Motors Co Chief Executive Mary Barra said growth in the U.S. auto market will flatten out this year, although a strong economy and falling gasoline prices should sustain demand.
8 January, 2015 by The TZ Newswire Staff Comments Off on LSE-Owned Market Boosts Efforts to Resurrect Corporate Bonds
LSE-Owned Market Boosts Efforts to Resurrect Corporate Bonds
As technology startups seek to solve shortcomings in corporate bond trading, a debt market majority owned by London Stock Exchange Group Plc is taking steps to match them.
8 January, 2015 by The TZ Newswire Staff Comments Off on Oil glut spurs top traders to book supertankers for storage at sea
Oil glut spurs top traders to book supertankers for storage at sea
Some of the world’s largest oil traders have this week hired supertankers to store crude at sea, marking a milestone in the build-up of the global glut.
8 January, 2015 by The TZ Newswire Staff Comments Off on Trader doubles down on bearish oil bet
Trader doubles down on bearish oil bet
One trader who’s already make a million dollars on oil stocks is now taking an even bigger position.
8 January, 2015 by The TZ Newswire Staff Comments Off on Krugman’s Japanese Legacy: Record Households On Welfare, Corporate Bankruptcies Soar, Majority Of Households Worse Off
Krugman’s Japanese Legacy: Record Households On Welfare, Corporate Bankruptcies Soar, Majority Of Households Worse Off
A little over two years into Abenomics, and two months after learning that one of Abe’s economic advisors is none other than Paul Krugman, here is the progress report for what little is left of Japan’s economy: