30 April, 2015 by The TZ Newswire Staff Comments Off on Traders run from bearish energy bets
Traders run from bearish energy bets
Oil prices are their highest levels for the year, and now some traders are fleeing from their bearish bets on energy stocks.
30 April, 2015 by The TZ Newswire Staff Comments Off on Sales of $100 million homes rise to record
Sales of $100 million homes rise to record
Demand for mega-mansions and penthouses has accelerated as wealthy buyers seek havens for their cash and search for alternative investments such as art and collectible real estate, according to a report Thursday by Christie’s International Real Estate, owned by auction house Christie’s. Five homes sold for more than $100 million last year, with at least 20 more on the market with nine-figure asking prices, the brokerage said.
30 April, 2015 by The TZ Newswire Staff Comments Off on Goldman Sachs buys into Bitcoin and McDonald’s got a new DIY burger
Goldman Sachs buys into Bitcoin and McDonald’s got a new DIY burger
Yahoo Finance’s Midday Movers is live each weekday at 12pm ET, covering all the latest news on the markets, the economy and the biggest stories of the day.
30 April, 2015 by The TZ Newswire Staff Comments Off on Dollar bulls: This is currency battleground to watch
Dollar bulls: This is currency battleground to watch
Dollar bulls are not ready to throw in the towel and are betting diverging central bank policy will send the greenback higher.
30 April, 2015 by The TZ Newswire Staff Comments Off on Capitol Report: Bernie Sanders opens White House bid touting fight against Pacific trade deal
Capitol Report: Bernie Sanders opens White House bid touting fight against Pacific trade deal
Sen.
30 April, 2015 by The TZ Newswire Staff Comments Off on Electricity usage predicts stock direction: Paper
Electricity usage predicts stock direction: Paper
Tracking electricity usage is helpful in discerning broader market movements, according to Notre Dame research.
30 April, 2015 by The TZ Newswire Staff Comments Off on Celgene Leads Biotech Decline As Stock Market Remains Lower
Celgene Leads Biotech Decline As Stock Market Remains Lower
Stocks remained in negative territory in early afternoon trading Thursday. Biotech, Internet content and computer stocks continued to pace the slide. The Nasdaq composite, on target for a fourth straight decline, fell nearly 1%. It looks poised for a third test of the 50-day moving average in four weeks. The S&P 500 fell nearly 0.6% and the Dow Jones industrial average also extended its decline, giving up 0.5%.