24 March, 2015 by The TZ Newswire Staff Comments Off on Hollande: No survivors in passenger jet crash in French Alps
Hollande: No survivors in passenger jet crash in French Alps
French President Francois Hollande says no survivors are likely in the Alpine crash of a passenger jet carrying 148 people. The Germanwings passenger jet crashed Tuesday in the French Alps region as it …
24 March, 2015 by The TZ Newswire Staff Comments Off on Oil rebounds towards $57 as weaker dollar overshadows China slowdown
Oil rebounds towards $57 as weaker dollar overshadows China slowdown
Brent crude reversed early losses to trade back towards $57 a barrel on Tuesday, as a weaker dollar overshadowed signs of slowing growth in China and Saudi Arabian oil production close to an all-time high. Gains were capped by data showing factory activity in China, the world’s second-largest economy and top oil importer, slipped in March. The Chinese data followed comments from OPEC kingpin Saudi Arabia that it is pumping around 10 million barrels of crude per day, close to an all-time high and some 350,000 bpd above the figure it gave OPEC for its February output.
24 March, 2015 by The TZ Newswire Staff Comments Off on Euro zone economy leading the way as China struggles
Euro zone economy leading the way as China struggles
Euro zone businesses ramped up activity this month, just as the European Central Bank starts printing money to spur growth and inflation, while a slowdown among Chinese factories has fueled calls for more stimulus there. By contrast, Tuesday’s surveys showed signs of an economic pickup in the troubled euro zone, just as ECB policymakers unleash a roughly 1 trillion euro quantitative easing plan. “I wouldn’t want to give QE too much credence at this stage.
24 March, 2015 by The TZ Newswire Staff Comments Off on Fed’s Bullard says zero U.S. rates no longer appropriate
Fed’s Bullard says zero U.S. rates no longer appropriate
Federal Reserve policymaker James Bullard said on Tuesday that zero percent interest rates were no longing appropriate in the United States, and that a rate hike in the summer would still leave policy extremely accommodative. “Zero is no longer the appropriate interest rate for the U.S. economy,” Bullard said during a panel session at London City Week. Monetary policy would still be “extremely accommodative” even if the central bank began with a small increase in rates “sometime in the summer,” he added. The Fed is inching towards its first interest rate hike in almost a decade.
24 March, 2015 by The TZ Newswire Staff Comments Off on Airbus A320 crashes in France, more than 140 on board
Airbus A320 crashes in France, more than 140 on board
An Airbus A320 has crashed in Southern France, French President Francois Hollande confirmed Tuesday.
24 March, 2015 by The TZ Newswire Staff Comments Off on Why is it so hard for millennials to get a job?
Why is it so hard for millennials to get a job?
Millennials face more challenges job hunting than most. But there are ways to up the chances of getting an offer.
24 March, 2015 by The TZ Newswire Staff Comments Off on A Step Closer to a Fixed-Income NBBO
A Step Closer to a Fixed-Income NBBO
Will a new FINRA pre-trade transparency proposal lay the ground work for establishing a consolidated tape for the corporate bond market?