30 January, 2015 by The TZ Newswire Staff Comments Off on Economic Report: Wage inflation slows in fourth quarter
Economic Report: Wage inflation slows in fourth quarter
The employment cost index moderated to a 0.6% gain in the fourth quarter after two straight quarterly readings of 0.7%, the Labor Department said.
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30 January, 2015 by The TZ Newswire Staff Comments Off on The Mexican Peso & Brazilian Real Are Collapsing
The Mexican Peso & Brazilian Real Are Collapsing
Back over 15 / USD for the first time since March 2009, the Mexican Peso is tumbling hard this morning… and the Brazilian Real is also tanking (back near 10-year lows) – no clear catalyst aside from further weakness in oil producer and EM FX sentiment.
Peso under pressure
30 January, 2015 by The TZ Newswire Staff Comments Off on 10 things: 10 things Generation X won’t tell you
10 things: 10 things Generation X won’t tell you
Members of the MTV generation are reaching their peak earning and spending years.
30 January, 2015 by The TZ Newswire Staff Comments Off on Senate approves Keystone bill, testing Obama
Senate approves Keystone bill, testing Obama
Despite a veto threat, the Senate has approved the Keystone XL Pipeline bill. The New York Times reports.
30 January, 2015 by The TZ Newswire Staff Comments Off on The "Bullard Put" Is Gone: "It Is Reasonable To Hike Rates In June Or July"
The "Bullard Put" Is Gone: "It Is Reasonable To Hike Rates In June Or July"
Having explained last month why he would not bail out the stock market again, (non-voting) Fed member Jim Bullard trotted out the usual vicissitudes this morning on Bloomberg TV trying to sound as upbeat and positive as possible: ECB QE is good for the US economy, low oil prices “unambiguously positive” for US, and ses unemployment below 5% in Q3. But then he unleashed the awful truth:
30 January, 2015 by The TZ Newswire Staff Comments Off on Anti-vaccine parents: The doctor WON’T see you now
Anti-vaccine parents: The doctor WON’T see you now
A small number of doctors is refusing to see patients with anti-vaccine views amid the latest measles outbreak.
30 January, 2015 by The TZ Newswire Staff Comments Off on Markets brace for Big Oil profit plunge
Markets brace for Big Oil profit plunge
It’s just a forecast, and for only one of 10 industry groups in the stock market. Yet it has almost singlehandedly turned what had been a promising earnings season into a grim one.