26 March, 2015 by The TZ Newswire Staff Comments Off on Fed officials say rate hike plan intact despite weak U.S. data
Fed officials say rate hike plan intact despite weak U.S. data
The Federal Reserve should remain on track to raise interest rates later this year despite the U.S. economy’s weak start to the year and a stock market sell-off this week, two Fed officials said on Thursday. In separate events in Frankfurt and Detroit, St. Louis Fed President James Bullard and Atlanta Fed President Dennis Lockhart said U.S. monetary policy might need to be adjusted in light of the economy’s steady improvement since the 2007-2009 financial crisis. Fed policymakers also lowered their growth forecasts at last week’s policy-setting meeting.
26 March, 2015 by The TZ Newswire Staff Comments Off on Why recent oil ‘bottom’ may hurt stocks: Gartman
Why recent oil ‘bottom’ may hurt stocks: Gartman
A recent bounce in oil from multiyear lows indicates prices have “probably bottomed,” but that could hurt stocks, investor Dennis Gartman tells CNBC.
26 March, 2015 by The TZ Newswire Staff Comments Off on Twitter on a roll as Periscope launches
Twitter on a roll as Periscope launches
Meerkat and Periscope haven’t exactly entered uncharted waters. Live-streaming start-ups have struggled to get users over the years. But Meerkat and Periscope are changing the game. Will Periscope be a big winner for Twitter?
26 March, 2015 by The TZ Newswire Staff Comments Off on Why is a liberal watchdog group barking at Bill Ackman and other short sellers?
Why is a liberal watchdog group barking at Bill Ackman and other short sellers?
The Committee for Ethics and Responsibility in Washington, which usually spotlights government corruption, objects to vocal short sellers to enlist regulators in their causes.
26 March, 2015 by The TZ Newswire Staff Comments Off on The gold chart looks great. Here’s my target: Trader
The gold chart looks great. Here’s my target: Trader
Gold is rising for a seventh straight day, and there could be more gains to come.