9 January, 2015 by The TZ Newswire Staff Comments Off on Crashing Crude Is "Unambiguously Bad" For These Americans
Crashing Crude Is "Unambiguously Bad" For These Americans
In Harrison County, Ohio, drilling company worker Rick Lucente sums up all that is wrong with the mainstream media’s narrative (puppeting even The Fed’s great thinkers) about what great news low oil prices are… while his monthly gas bill for his Chevy pickup truck has dropped, he admonishes, “That’s not going to replace a paycheck… and I don’t know why this is happening.”
9 January, 2015 by The TZ Newswire Staff Comments Off on The week ahead: College football championship … and earnings
The week ahead: College football championship … and earnings
CNBC’s Tyler Mathisen looks ahead to what are likely to be next week’s top business and financial stories. The college football championship is Monday, and earnings begin in earnest, next week. Retail sales will also be released next week.
9 January, 2015 by The TZ Newswire Staff Comments Off on Market Extra: So much for midyear: bond market now expects 2016 Fed rate hike
Market Extra: So much for midyear: bond market now expects 2016 Fed rate hike
Steepening yield curve implies bond market now expects hike in 2016.
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9 January, 2015 by The TZ Newswire Staff Comments Off on Our trouble with jobs: The pay still stinks
Our trouble with jobs: The pay still stinks
There was a lot to like about the December payrolls report-except for those who were making less at the end of the month than they were at the start.
9 January, 2015 by The TZ Newswire Staff Comments Off on Wealthiest Americans say the poor have it easy
Wealthiest Americans say the poor have it easy
The nation’s wealthiest think that the poor have it pretty easy. A survey by the Pew Research Center found that 54% of those with the greatest financial security believe that “poor people today have …
9 January, 2015 by The TZ Newswire Staff Comments Off on House overwhelmingly approves Keystone XL pipeline
House overwhelmingly approves Keystone XL pipeline
The House overwhelmingly passed a bill on Friday authorizing the Keystone XL oil pipeline, despite a renewed pledge by the White House to veto the legislation after a Nebraska court removed a major obstacle. …
9 January, 2015 by The TZ Newswire Staff Comments Off on Blodget: Now’s the time to raise the gas tax
Blodget: Now’s the time to raise the gas tax
As the president works to shore up support for his free college plan, Senate Republicans are talking about raising the federal gas tax for the first time since 1993.