1 July, 2015 by The TZ Newswire Staff Comments Off on Street sees S&P 500 scaling wall it hit in year’s first half
Street sees S&P 500 scaling wall it hit in year’s first half
One solace for bulls after the worst first half for U.S. stocks in five years: every strategist on Wall Street sees the Standard & Poor’s 500 Index rising. Prospects for higher interest rates and Greece’s travails have frozen a market that rose 47 percent between 2011 and 2013. Professional stock forecasters remain bullish, saying the economy is too strong for the second-longest U.S. rally since 1950 to end now.
1 July, 2015 by The TZ Newswire Staff Comments Off on Toyota’s top female executive resigns after arrest in Japan
Toyota’s top female executive resigns after arrest in Japan
Julie Hamp, Toyota’s most senior female executive, has resigned following her arrest in Japan on suspicion of drug law violations, the automaker said Wednesday. Hamp tendered her resignation through her …
1 July, 2015 by The TZ Newswire Staff Comments Off on Average Manhattan apartment approaches $2 million frontier
Average Manhattan apartment approaches $2 million frontier
Manhattan apartment prices jumped to a record in the second quarter, pushed up by competition for a limited number of properties and strength in the luxury market. Resale apartments and units in new developments each set their own price records amid interest from both investors and buyers who intend to live in the homes. “Demand is being driven by a vibrant local economy and rising employment, and supply is relatively inelastic,” Jonathan Miller, president of New York-based Miller Samuel and a Bloomberg View contributor, said in an interview.
1 July, 2015 by The TZ Newswire Staff Comments Off on U.K. Manufacturing Grows at Slowest Pace in Over Two Years
U.K. Manufacturing Grows at Slowest Pace in Over Two Years
U.K. manufacturing growth unexpectedly slowed last month, posting its weakest performance in more than two years as demand in Europe faltered. A Purchasing Managers’ Index dropped to 51.4 from 51.9 in …
1 July, 2015 by The TZ Newswire Staff Comments Off on Greek Prime Minister To Address The Nation Shortly
Greek Prime Minister To Address The Nation Shortly
There were many open questions following the report that Tsipras has reportedly folded to a Troika program which is no longer even on the table, and what the next steps are. Hopefully we will get some clarity when Tsipras addresses the nation shortly in an unscheduled appearance as Kathimerini reported moments ago. Will he plea with the nation to end the referendum, or will he confirm how “stubborn” the Troikas is and unwilling to budge? Find out in moments.
1 July, 2015 by The TZ Newswire Staff Comments Off on Equities Soar As Tsipras Said Ready To Accept Most Of Expired Bailout Offer, European Response Muted
Equities Soar As Tsipras Said Ready To Accept Most Of Expired Bailout Offer, European Response Muted
It’s deja vu all over again.
1 July, 2015 by The TZ Newswire Staff Comments Off on U.S. Bitcoin Exchange Operator Kraken Enters Canada
U.S. Bitcoin Exchange Operator Kraken Enters Canada
Canadian traders who want to buy and/or sell the cyber currency bitcoin can now do so via a new American operator. And they can even pay for trades with it, should they choose.