4 September, 2015 by The TZ Newswire Staff Comments Off on Are mutual funds considered retirement accounts?
Are mutual funds considered retirement accounts?
Learn why mutual funds are not classified as retirement accounts but can nonetheless offer a highly effective way to save for retirement.
4 September, 2015 by The TZ Newswire Staff Comments Off on How do dividends affect the balance sheet?
How do dividends affect the balance sheet?
Learn how different types of dividends, such as cash dividends and stock dividends, affect a company’s balance sheet, based on examples.
4 September, 2015 by The TZ Newswire Staff Comments Off on Fired regulator: Brown pushed to waive oil safeguards.
Fired regulator: Brown pushed to waive oil safeguards.
California’s top oil and gas regulators repeatedly warned Gov. Jerry Brown’s senior aides in 2011 that the governor’s orders to override key safeguards in granting oil industry permits would violate state …
4 September, 2015 by The TZ Newswire Staff Comments Off on Investors buckle up for expected drop in China’s forex reserves
Investors buckle up for expected drop in China’s forex reserves
Global investors are bracing for data next week that could show a big drop in China’s foreign exchange reserves as the central bank steps up its intervention to stabilise the yuan currency after its shock devaluation last month. China has been so surprised by the global market reaction to its devaluation that it is likely to keep the yuan on a tight leash in the near-term to head off fears of a global currency war, policy insiders told Reuters.
4 September, 2015 by The TZ Newswire Staff Comments Off on Futures fall as investors nervous ahead of jobs data
Futures fall as investors nervous ahead of jobs data
A strong report would not only underscore the economy’s vibrancy in the face of volatile global financial markets and China’s slowing growth, but also keep alive the prospect of the Fed raising rates at its Sept. 16-17 meeting. The volatile markets have prompted some investors to bet the Fed might wait until the end of the year to hike rates. The Fed has said it will increase rates when there is sustained economic recovery.
4 September, 2015 by The TZ Newswire Staff Comments Off on Japanese banks among bidders for GE’s local finance unit: sources
Japanese banks among bidders for GE’s local finance unit: sources
Orix Corp (8591.T) and the leasing units of Sumitomo Mitsui Financial Group Inc , Mitsubishi UFJ Financial Group Inc and Sumitomo Mitsui Trust Holdings Inc are among the bidders, the sources said. The Wall Street Journal, which first reported the news, said the finance unit’s assets are valued at about $5 billion. Officials at Orix, Mitsubishi UFJ Financial Group and Sumitomo Mitsui Trust Holdings were not available for comment.
4 September, 2015 by The TZ Newswire Staff Comments Off on No fiscal policy, monetary policy null: Greenspan
No fiscal policy, monetary policy null: Greenspan
If the U.S. and the rest of the world don’t tackle the problems from the lack of fiscal policy, monetary policy will be become irrelevant, former Federal Reserve Chairman Alan Greenspan said Friday.