26 March, 2015 by The TZ Newswire Staff Comments Off on Apple’s Tim Cook will give away all his money
Apple’s Tim Cook will give away all his money
Apple Chief Executive Tim Cook is joining the roster of the very rich who are giving away their wealth.
26 March, 2015 by The TZ Newswire Staff Comments Off on China’s Stock Bubble Leaves BNP Speechless: "What Happens Next Is An Unknown-Unknown"
China’s Stock Bubble Leaves BNP Speechless: "What Happens Next Is An Unknown-Unknown"
Earlier this month, we identified the reason why Chinese stocks have continued to rise in the face of overwhelming evidence that the country’s economy is decelerating quickly.
26 March, 2015 by The TZ Newswire Staff Comments Off on Dollar gains as upbeat data sparks turnaround
Dollar gains as upbeat data sparks turnaround
A turnaround in the dollar’s fortunes saw it trading higher early in Asia, but still on track to end softer for a second straight week.
26 March, 2015 by The TZ Newswire Staff Comments Off on Oil heading higher? Energy stocks don’t think so
Oil heading higher? Energy stocks don’t think so
Even as crude oil surges, energy stocks actually dipped on Thursday. What’s behind the divergence?
26 March, 2015 by The TZ Newswire Staff Comments Off on Yahoo ups share buyback by $2 billion
Yahoo ups share buyback by $2 billion
Yahoo says it will buy back $2 billion in company stock as it prepares to spin off its stake in Chinese e-commerce company Alibaba. Investors were pushing Yahoo to use some of the proceeds from the Alibaba …
26 March, 2015 by The TZ Newswire Staff Comments Off on Why Is Russia Building Massive Underground Bomb Shelters?
Why Is Russia Building Massive Underground Bomb Shelters?
26 March, 2015 by The TZ Newswire Staff Comments Off on Why Income-Oriented Closed-End Funds Remain Popular
Why Income-Oriented Closed-End Funds Remain Popular
Investors are prowling for more income, without adding much risk, than they can wring from the likes of CDs. So, closed-end funds (CEFs) continue to have a following. Unlike an open-end mutual fund, a CEF has a fixed number of shares. It doesn’t take in more money after its IPO . It trades like a stock. Price is based on supply and demand and the value of underlying assets. It can sell at a premium or a discount to its net asset value.