11 September, 2015 by The TZ Newswire Staff Comments Off on The Human Cost Of Socialism In Power
The Human Cost Of Socialism In Power
Submitted by Richard Ebeling via EpicTimes.com,
The attempt to establish a comprehensive socialist system in many parts of the world over the last one hundred years has been one of the cruelest and most brutal episodes in human history.
11 September, 2015 by The TZ Newswire Staff Comments Off on Curbing enthusiasm ahead of Fed meeting
Curbing enthusiasm ahead of Fed meeting
With stocks already in a corrective phase on Wall Street, next week’s long-awaited Federal Reserve meeting may not spur a wild market reaction, even if the central bank hikes rates for the first time in almost a decade. Economists are about equally split on whether the long-awaited move will come, though futures market trades are pointing to at least one more month of the Fed delaying its 0.25 percentage point increase in the fed funds rate.
11 September, 2015 by The TZ Newswire Staff Comments Off on Weak U.S. consumer sentiment, tame inflation muddy Fed rate outlook
Weak U.S. consumer sentiment, tame inflation muddy Fed rate outlook
U.S. consumer sentiment hit its lowest in a year in early September and producer prices were flat in August, signaling moderate economic growth and tame inflation that could weigh on the Federal Reserve’s decision whether to hike interest rates next week. The slump in consumer sentiment and persistently weak inflation reported on Friday are in stark contrast with a tightening labor market. Sentiment was likely undermined by recent stock market volatility amid worries over China’s slowing economy, while a strong dollar is dampening price pressures.
11 September, 2015 by The TZ Newswire Staff Comments Off on Big banks in $1.865 billion swaps price-fixing settlement
Big banks in $1.865 billion swaps price-fixing settlement
Twelve major banks have reached a $1.865 billion settlement to resolve investor claims that they conspired to fix prices and limit competition in the market for credit default swaps, a lawyer for the investors …
11 September, 2015 by The TZ Newswire Staff Comments Off on Major car makers agree to make automatic braking standard in U.S
Major car makers agree to make automatic braking standard in U.S
A group of major automakers accounting for more than half of U.S. auto sales will make automatic emergency braking standard on new U.S. vehicles in one of the industry’s biggest auto safety moves since it embraced technology to prevent rollovers more than a decade ago. The car makers, which accounted for 57 percent of car and light truck sales in the United States last year, said Friday they will work with regulators and the insurance industry to roll out collision avoiding braking technology across their lineups over the next few years.
11 September, 2015 by The TZ Newswire Staff Comments Off on KKR, Apollo Global seek to buy GE’s inventory finance arm
KKR, Apollo Global seek to buy GE’s inventory finance arm
KKR & Co and Apollo Global Management are seeking to acquire General Electric Co’s inventory finance arm, Bloomberg reported on Friday. The buyout firms made bids two weeks ago for GE Capital Commercial …
11 September, 2015 by The TZ Newswire Staff Comments Off on SEC can pursue insider trading case against brokers: judge
SEC can pursue insider trading case against brokers: judge
Two New York stockbrokers must face civil insider trading charges brought by U.S. securities regulators, a U.S. judge ruled on Friday, despite a landmark appellate ruling that torpedoed the criminal case against them. U.S. District Judge Jed Rakoff in Manhattan rejected a bid from former Euro Pacific Capital Inc traders Daryl Payton and Benjamin Durant to throw out U.S. Securities and Exchange Commission charges that they engaged in illegal trading ahead of an IBM Corp (IBM.N) deal.