The Traderszone Network

Asian shares rose on Thursday and the dollar struggled near multi-week lows after weak U.S. economic data added to expectations that the Federal Reserve will delay hiking interest rates. MSCI’s broadest …

Shares of Netflix, known for its original shows such as “House of Cards” and “Orange is the New Black”, plunged about 15 percent after the bell, before clawing back to trade down 2.4 percent. U.S. credit and debit card companies have been shifting to chip-enabled cards ahead of the Oct. 1 deadline mandated for the switch. For Netflix, the switch meant that many of the older cards on its file no longer worked as the companies gave new cards to their customers, leading to “involuntary churn,” as Chief Executive Reed Hastings put it in a letter to shareholders.

HAMBURG/BERLIN (Reuters) – The man Volkswagen (VOWG_p.DE) lined up less than three weeks ago to head its North American business resigned on Wednesday, dealing a blow to the German carmaker’s efforts to recover from a scandal over its rigging of U.S. diesel emissions tests. News of the resignation of company veteran Winfried Vahland came as Germany’s Spiegel magazine reported that at least 30 Volkswagen managers were involved in the test cheating. VW said the figure was without any basis.

U.S. grocery retailer Albertsons Companies Inc plans to delay its initial public offering beyond Thursday, until market conditions become more favorable, according to a person familiar with the matter. …

Australian employment report for September data results
Employment Change: -5.1 K
–  expected +9.6K, prior +18.1K, revised from +17.4K
Unemployment Rate: 6.2 %

Not all advice is good advice. Mike Rowe squares off against some of the most common platitudes and cliches.

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After the fly-by of doves in the past few days, Jon Hilsenrath at the Journal says the chances of a Federal Reserve interest-rate increase in 2015 are diminishing