7 March, 2015 by The TZ Newswire Staff Comments Off on How America Added 17 Million People In 7 Years… And Zero Full-Time Jobs
How America Added 17 Million People In 7 Years… And Zero Full-Time Jobs
Submitted by Chris Hamilton via Hambone’s Stuff blog
Amazing Math from the Bureau of Labor Statistics
According to the most recent Bureau of Labor Statistics release, the UE (unemployment) rate fell to 5.5% as of February. The last time the UE rate was this low was May of 2008.
7 March, 2015 by The TZ Newswire Staff Comments Off on Capitol Report: In Selma, Obama says civil-rights work ‘is never done’
Capitol Report: In Selma, Obama says civil-rights work ‘is never done’
President Barack Obama said the United States has made strides on civil rights in the last half century but the country’s work is never done, marking the 50th anniversary of “Bloody Sunday” in Selma, Ala., on Saturday.
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7 March, 2015 by The TZ Newswire Staff Comments Off on Gold Tumbles on Rising Rates
Gold Tumbles on Rising Rates
Gold got hit hard Friday on two fronts. One was the sharp jump in U.S. interest rates. The other was the surge in the U.S. Dollar to the highest level in eleven years. The chart below shows the price of gold tumbling $29 (-2.4%) on Friday to the lowest level for the year. And it did so on rising volume. [Gold stocks lost -7.4% and were day’s and week’s biggest losers]. The green line is the 2-year Treasury yield. The chart shows gold trending inversely to the 2-year yield. That’s been especially noticeable since the start of the year.
7 March, 2015 by The TZ Newswire Staff Comments Off on Internet Stocks Showing Renewed Relative Strength
Internet Stocks Showing Renewed Relative Strength
When we look back at last week’s action, a few things stand out to me. First, the aggressive sectors – financials, consumer discretionary, technology and industrials – held up quite well on a relative basis. That should be seen as a positive. The worst performing group was utilities, which makes sense as the yield on the 10 year treasury ($TNX) soared. The fear of rising interest rates spooked the market last week, but I don’t believe we’ve necessarily entered a long-term period of higher interest rates.
7 March, 2015 by The TZ Newswire Staff Comments Off on If Apple Makes Cars, Should Ford and GM Worry?
If Apple Makes Cars, Should Ford and GM Worry?
Apple could shake up the car business in a big way — but the automakers are already preparing to meet the challenge.
7 March, 2015 by The TZ Newswire Staff Comments Off on Why You Must Plan to Retire Before You Turn 80
Why You Must Plan to Retire Before You Turn 80
7 March, 2015 by The TZ Newswire Staff Comments Off on Joe Biden Releases (Both) Emails He Wrote As VP
Joe Biden Releases (Both) Emails He Wrote As VP
Satirical Saturday via Andy Borowitz via The New Yorker,
In what could be a prelude to a Presidential run in 2016, on Friday Joe Biden released to the public both e-mails that he has written while serving as Vice-President for the past six years.