26 January, 2015 by The TZ Newswire Staff Comments Off on For Singaporeans, visiting US is about to get pricey
For Singaporeans, visiting US is about to get pricey
The Singapore dollar slumped 5 percent against the U.S. dollar in 2014, and strategist expect similar declines by the year-end.
26 January, 2015 by The TZ Newswire Staff Comments Off on As The Middle Class Evaporates, Global Oligarchs Plan Their Escape Form The Impoverished Pleb Masses
As The Middle Class Evaporates, Global Oligarchs Plan Their Escape Form The Impoverished Pleb Masses
Submitted by Mike Krieger via Liberty Blitzkrieg blog,
The middle class has shrunk consistently over the past half-century. Until 2000, the reason was primarily because more Americans moved up the income ladder. But since then, the reason has shifted: There is a greater share of households on the lower rungs of the economic ladder.
26 January, 2015 by The TZ Newswire Staff Comments Off on The real reason China isn’t the world’s biggest economy
The real reason China isn’t the world’s biggest economy
China has denied its economy is bigger than that of the U.S., and therein lies a tale of hidden inflation, writes Craig Stephen.
26 January, 2015 by The TZ Newswire Staff Comments Off on U.S. deficit to dip in 2015 as era of dramatic declines ends – CBO
U.S. deficit to dip in 2015 as era of dramatic declines ends – CBO
The U.S. budget deficit will decline slightly to $468 billion (310 billion pounds) this fiscal year, the lowest level since President Barack Obama took office, congressional forecasters said on Monday in a report heralding the end of a brief period of dramatically shrinking red ink. The deficit, down from the $1 trillion-plus levels of Obama’s first four years and a $483 billion gap in fiscal 2014, will stay largely flat in 2016, then begin to march upward due to rising costs for debt and caring for fast-retiring Baby Boomers.
26 January, 2015 by The TZ Newswire Staff Comments Off on Texas Instruments Incorporated Earnings: This Is Not the Earnings Surprise You Were Looking For
Texas Instruments Incorporated Earnings: This Is Not the Earnings Surprise You Were Looking For
At first glance, TI appeared to demolish earnings expectations in the fourth quarter. Look a little closer, however, and it’s really just “steady as she goes.”
26 January, 2015 by The TZ Newswire Staff Comments Off on Austrian "Freedom" Party Demands Bailout For Swiss Franc Speculators (From "Monstrous Monetary Policy")
Austrian "Freedom" Party Demands Bailout For Swiss Franc Speculators (From "Monstrous Monetary Policy")
The phrases “it’s just not fair” and “waa waa waa” were not seen in Austria’s Freedom Party’s statement demanding a bailout for Swiss-Franc-denominated borrowers (i.e. people who were willing to speculate on FX rates with their house as collateral in order to get a lower interest rate in order to afford a bigger home that they really couldn’t afford in real risk-adjusted terms).
26 January, 2015 by The TZ Newswire Staff Comments Off on Facebook, Inc. Earnings On Wednesday: What to Expect
Facebook, Inc. Earnings On Wednesday: What to Expect
Before you tune in to Facebook’s earnings report, understand the background behind these key metrics.