20 July, 2015 by The TZ Newswire Staff Comments Off on Clinton to propose increasing capital gains taxes
Clinton to propose increasing capital gains taxes
Hillary Rodham Clinton plans later this week to propose raising capital gains taxes for some investors, part of a larger campaign effort to encourage greater focus on longer-term economic growth.
20 July, 2015 by The TZ Newswire Staff Comments Off on Long run of low U.S. inflation not unusual, Fed paper finds
Long run of low U.S. inflation not unusual, Fed paper finds
Public fretting by some U.S. central bankers over excessively low inflation aside, the current bout of sub-par U.S. inflation isn’t that unusual and will likely be cured as employment rises, according to a study published Monday by the San Francisco Federal Reserve Bank. U.S. inflation has lingered below the Fed’s 2-percent target for more than three years, and policymakers such as Chicago Fed President Charles Evans have pointed to that shortfall as reason to hold short-term borrowing costs near zero until well into next year.
20 July, 2015 by The TZ Newswire Staff Comments Off on Mississippi River section closed after boat sinks
Mississippi River section closed after boat sinks
The U.S. Coast Guard closed part of the Mississippi River on Monday after a tow boat capsized in the flooded waterway.
20 July, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Fed finalizes amount of capital big banks must maintain
The Wall Street Journal: Fed finalizes amount of capital big banks must maintain
The Fed approved a rule to require eight of the nation’s largest banks to hold more capital.
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20 July, 2015 by The TZ Newswire Staff Comments Off on JPMorgan falls $12.5 billion short of meeting Fed’s capital requirements
JPMorgan falls $12.5 billion short of meeting Fed’s capital requirements
JPMorgan Chase & Co. still has a shortfall of as much as $12.5 billion in meeting capital rules approved by the Federal Reserve on Monday.
The Fed assigned capital charges totaling more than…
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20 July, 2015 by The TZ Newswire Staff Comments Off on This Orphan Drugmaker Deserves a Spot on Your Radar
This Orphan Drugmaker Deserves a Spot on Your Radar
Orphan drug maker BioMarin has been a terrific stock for long-term investors, but is its pipeline strong enough to continue to propel the stock higher?