1 October, 2015 by The TZ Newswire Staff Comments Off on Apart from low unemployment, just how healthy is job market?
Apart from low unemployment, just how healthy is job market?
The U.S. unemployment rate — now just 5.1 percent — grabs a lot of the attention each month when the government issues its jobs data. Yet the rate doesn’t come close to sketching a full picture of the …
1 October, 2015 by The TZ Newswire Staff Comments Off on ‘Incredibly fearful’ Fed braces for jobs report
‘Incredibly fearful’ Fed braces for jobs report
Data-dependent Federal Reserve officials suddenly are finding the data turning against them.
1 October, 2015 by The TZ Newswire Staff Comments Off on Bernanke, in new memoir, recalls Lehman’s ‘surreal’ failure
Bernanke, in new memoir, recalls Lehman’s ‘surreal’ failure
Ben Bernanke recalls the September weekend in 2008 when regulators sought desperately but in vain to save the investment bank Lehman Brothers as a “terrible, surreal moment.” “We were staring …
1 October, 2015 by The TZ Newswire Staff Comments Off on Treasury: Nov. 5 deadline for Congress to act on debt limit
Treasury: Nov. 5 deadline for Congress to act on debt limit
Treasury Secretary Jacob Lew says the new deadline for Congress to increase the government’s borrowing cap has been moved up to about Nov. 5. That’s earlier than previous Treasury estimates and likely …
1 October, 2015 by The TZ Newswire Staff Comments Off on 5 car companies that (apparently) don’t cheat
5 car companies that (apparently) don’t cheat
The auto industry used to push regulators around. No more.
1 October, 2015 by The TZ Newswire Staff Comments Off on Wall Street dip led by utilities, factory activity slows
Wall Street dip led by utilities, factory activity slows
Oil prices settled down on Thursday after altered forecasts for the path of hurricane Joaquin snuffed out an early rally. “There is a litany of reasons why people are more comfortable being out of the market,” said Peter Kenny, equity market strategist at Kenny & Co LLC, in Denver. “We’ll reach an exhaustion selloff in the fourth quarter, then you’ll see a reflex rally,” Kenny added.
1 October, 2015 by The TZ Newswire Staff Comments Off on What History Says About Stock Markets Like This One
What History Says About Stock Markets Like This One
Stocks wandered to a nearly flat finish Thursday, unable to follow up much on the previous session’s big gains. The Nasdaq inched up 0.1%, while the S&P added 0.2%. The IBD 50 rose 0.7%. Volume fell across the board. The day’s action did nothing to remove the doubts surrounding the market. While the Nasdaq this week bounced off the 4500 level and erased a loss of more than 1% Thursday, it isn’t certain that the test is over.