29 April, 2015 by The TZ Newswire Staff Comments Off on MasterCard Earnings: EPS Beat Despite a Strong Dollar
MasterCard Earnings: EPS Beat Despite a Strong Dollar
The company’s inaugural quarter of 2015 surprised on the upside, but currency worries deepen.
29 April, 2015 by The TZ Newswire Staff Comments Off on Why Is This A Circle?
Why Is This A Circle?
It’s no secret that today’s US job market is tough and that having a degree doesn’t necessarily guarantee you high-paying, stable, full-time employment. In fact, Moody’s recently cited “sluggish economic growth and high unemployment rates among recent graduates” as factors in the ratings agency’s decision to put some $3 billion in student loan-backed ABS on review for downgrade.
29 April, 2015 by The TZ Newswire Staff Comments Off on "Purge" Night 3: Protests Spread To NYC – Live Feed
"Purge" Night 3: Protests Spread To NYC – Live Feed
Is the so-called “purge” spreading? Hundreds have now gathered in Union Square in New York in a show of solidarity with the protesters in Baltimore who have demanded justice for the death of Freddie Gray. More from NBC:
29 April, 2015 by The TZ Newswire Staff Comments Off on Wednesday Market Wrap
Wednesday Market Wrap
Equity indices struggled in the early going after the advance reading of Q1 GDP (0.2%) missed expectations. However, that disappointment was partially offset by the FOMC directive, which did not stir concerns of a rate hike taking place in the near term. Instead, the FOMC reiterated that the current policy stance will remain appropriate until there is reasonable confidence that inflation will move back to the 2.0% objective.
Seven sectors registered losses while energy (+0.7%) outperformed throughout the session thanks to a 2.6% gain in crude oil.
29 April, 2015 by The TZ Newswire Staff Comments Off on This more important than rate hike date: BlackRock
This more important than rate hike date: BlackRock
Wall Street is focused on when the Federal Reserve will raise rates, but the pace and destination is more important, BlackRock’s Rick Rieder says.
29 April, 2015 by The TZ Newswire Staff Comments Off on Sprint and T-Mobile Gaining In Signups, But AT&T And Verizon Have Most Loyal Customers
Sprint and T-Mobile Gaining In Signups, But AT&T And Verizon Have Most Loyal Customers
The two challengers in the wireless industry have shown that they can get customers to sample their services. Now they just have to keep more of them.
29 April, 2015 by The TZ Newswire Staff Comments Off on New Saudi King Consolidates Power To Maintain Current Oil Policy
New Saudi King Consolidates Power To Maintain Current Oil Policy
Less than four months into his reign, Bloomberg reports that Saudi Arabia’s King Salman is consolidating power with a major reshuffle of succession lines and government officials. “The new king has proved consistent in his determination to elevate members of his close family to key positions,” noted one analyst. As the world’s top oil exporter plays a more prominent role in the region’s power struggles, it apears Salman wants family close.