28 November, 2015 by The TZ Newswire Staff Comments Off on U.S. store sales down slightly for Thanksgiving and Black Friday
U.S. store sales down slightly for Thanksgiving and Black Friday
Sales at U.S. brick-and-mortar stores on Thanksgiving Day and Black Friday were down slightly from last year, but the performance was still seen as strong in a holiday shopping season where discounts spread well beyond the weekend and many shoppers moved to the web. Online sales were up by double digits, according to data released on Saturday. Data from analytics firm RetailNext showed overall sales for both days fell 1.5 percent on flat customer traffic, while average spending per shopper dropped 1.4 percent.
28 November, 2015 by The TZ Newswire Staff Comments Off on BoE’s Vlieghe: Wants to see stronger wage growth before a rate hike
BoE’s Vlieghe: Wants to see stronger wage growth before a rate hike
Comments from the Bank of England’s Monetary Policy Committee (MPC) member Jan Vlieghe
– “I am relaxed about waiting a little longer before we
start” (raising interest rates)
Also … Vlieghe said the impact (tightening effect) on policy
from a strong sterling exchange rate has been ‘huge’. That is, the impact of higher GBP doing the job of tightening has been significant.
28 November, 2015 by The TZ Newswire Staff Comments Off on Fourth Turning – Social & Cultural Distress Dividing The Nation
Fourth Turning – Social & Cultural Distress Dividing The Nation
Submitted by Jim Quinn via The Burning Platform blog,
I wrote the first three parts of this article back in September and planned to finish it in early October, but life intervened and truthfully I don’t think I was ready to confront how bad things will likely get as this Fourth Turning moves into the violent, chaotic war stage just over the horizon.
28 November, 2015 by The TZ Newswire Staff Comments Off on Why commodity busts are predictable, inevitable and unstoppable
Why commodity busts are predictable, inevitable and unstoppable
The lag between investment and production is fatal
Five years ago investors and executives were making decisions about developing mines that are just beginning production today.
28 November, 2015 by The TZ Newswire Staff Comments Off on If Black Friday Was A Movie
If Black Friday Was A Movie
Put aside 4 minutes of your day to poke some fun at America’s leading religion: Consumerism.
28 November, 2015 by The TZ Newswire Staff Comments Off on 50 Million People Already Use This App That Facebook Released This Summer
50 Million People Already Use This App That Facebook Released This Summer
But nobody is really talking about Facebook Lite, for people on low-bandwidth connections, which is part of Facebook gaining users in emerging markets.
28 November, 2015 by The TZ Newswire Staff Comments Off on As oil falls, Iran races to drill for more
As oil falls, Iran races to drill for more
Iran courts major oil companies with $30 billion worth of projects
Iran is hosting a two-day conference in Tehran this weekend and pitching 70 oil and natural gas projects to foreign investors. Officials from the country expect all banking and economic sanctions to be lifted within five weeks and then the flood of money will come.