25 September, 2015 by The TZ Newswire Staff Comments Off on Indexes Stage Ugly Reversal, Turning Market Outlook To Correction
Indexes Stage Ugly Reversal, Turning Market Outlook To Correction
Stocks started strongly but reversed to finish down Friday, showing the kind of action typical of downtrending markets. The Nasdaq booked a 1% loss after being up 1.1% just after the open. The S&P 500 held up better, trimming to less than 0.1%. The IBD 50 skidded 1.3%. Volume rose on the Nasdaq but fell on the NYSE.
25 September, 2015 by The TZ Newswire Staff Comments Off on 4 stocks to help read the Chinese consumer
4 stocks to help read the Chinese consumer
After Nike’s blowout earnings report cited strong growth in China, many market watchers were left scratching their heads.
25 September, 2015 by The TZ Newswire Staff Comments Off on Fed, jobs could drop more rate clues in week ahead
Fed, jobs could drop more rate clues in week ahead
The September jobs report could sway the debate in the week ahead about when the Federal Reserve will hike rates.
25 September, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Co-founder to exit Carlyle hedge fund
The Wall Street Journal: Co-founder to exit Carlyle hedge fund
Claren Road Asset Management LLC co-founder and co-chief investment officer John Eckerson has decided to retire at the end of the year, according to people familiar with the matter, as the firm grapples with poor performance and investor redemptions.
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25 September, 2015 by The TZ Newswire Staff Comments Off on The Gig Economy Is Alive and Growing
The Gig Economy Is Alive and Growing
The growth of gig work promises to have a profound impact on the economy at large. On the one hand, employers have less reason than ever to invest in their talent, and workers are no longer certain where their next paycheck is coming from. But on the other hand…
25 September, 2015 by The TZ Newswire Staff Comments Off on Why BMW Shares Surged Today
Why BMW Shares Surged Today
After a rough week, shares of the German luxury-car giant surged in trading on Friday. Here’s why.
25 September, 2015 by The TZ Newswire Staff Comments Off on John Boehner just made Janet Yellen’s life harder
John Boehner just made Janet Yellen’s life harder
John Boehner’s decision to relinquish his House leadership post may complicate things for the Federal Reserve.