23 February, 2015 by The TZ Newswire Staff Comments Off on 20 Central Banks Have Cut Rates In 2015 After "Surprise" Rate Cut By Israel To Record Low 0.1%
20 Central Banks Have Cut Rates In 2015 After "Surprise" Rate Cut By Israel To Record Low 0.1%
Last week it was 19 central banks (including the ECB which accounts for 19 nations) which had cut rates in 2015, mostly in “surprise”, unexpected easing decisions. Moments ago the number became 20 when the Israel central bank just cut its interest rate by 0.15% to 0.1%, the lowest on record, a move which once again caught the market by surprise as only 3 of 23 analysts had predicted it.
23 February, 2015 by The TZ Newswire Staff Comments Off on When West Coast docks will catch up: Port boss
When West Coast docks will catch up: Port boss
Congestion at 29 ports following a months-long labor dispute has reached “epic proportions,” the Port of Long Beach CEO tells CNBC.
23 February, 2015 by The TZ Newswire Staff Comments Off on Global gasoline-price subsidies evaporate
Global gasoline-price subsidies evaporate
The crash in crude prices has some governments taking a hard look at costly retail price subsidies.
23 February, 2015 by The TZ Newswire Staff Comments Off on Investors brace for more ‘Wal-Mart raises’
Investors brace for more ‘Wal-Mart raises’
Wal-Mart workers just scored a raise. Now retail investors are wondering – are more pay hikes coming?
23 February, 2015 by The TZ Newswire Staff Comments Off on Stock Futures Dip, But Not Much; Valeant, Polypore, AerCap Surge
Stock Futures Dip, But Not Much; Valeant, Polypore, AerCap Surge
Stock futures were down but steady ahead of Monday’s open, as merger activity stirred some strong premarket moves. Dow futures were 50 points below fair market value. S&P 500 futures were down 4.3 points. Nasdaq 100 futures had trimmed their early losses to 2.4 points. The Market The stock market today opens feeling much less friction than it did a week ago.
23 February, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Goldman Sachs raises top end of legal loss range to $3 billion
The Wall Street Journal: Goldman Sachs raises top end of legal loss range to $3 billion
Goldman Sachs raises the top end of its range of possible legal losses to $3 billion from $2.5 billion.
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23 February, 2015 by The TZ Newswire Staff Comments Off on Early movers: GS, AAPL, DG, DISH, HMC & more
Early movers: GS, AAPL, DG, DISH, HMC & more
Names on the move ahead of the open.