6 December, 2015 by The TZ Newswire Staff Comments Off on OPEC decision to keep output high pulls oil prices close to 2015 lows
OPEC decision to keep output high pulls oil prices close to 2015 lows
Crude prices fell on Monday in the first trading session after OPEC-members failed to agree on output targets to reduce a bulging glut that has resulted in oil prices falling by more than 60 percent since June 2014. The Organization of the Petroleum Exporting Countries failed to agree on an oil production ceiling on Friday at a meeting that ended in acrimony after Iran said it would not consider any production curbs until it restores output scaled back for years under Western sanctions.
6 December, 2015 by The TZ Newswire Staff Comments Off on Media mogul Redstone gets encouragement from friend turning 90
Media mogul Redstone gets encouragement from friend turning 90
Famed Massachusetts mill owner Aaron Feuerstein has this message for his friend and embattled media executive Sumner Redstone: hang in there. “As long as he is succeeding, and as long as it’s profitable, I don’t see why he should step down,” Feuerstein said in an interview of Redstone, the 92-year-old executive chairman of both Viacom Inc and CBS Corp who faces renewed questions over his fitness to lead.
6 December, 2015 by The TZ Newswire Staff Comments Off on Deutsche Bank on the Fed: Almost certain to raise rates at the FOMC
Deutsche Bank on the Fed: Almost certain to raise rates at the FOMC
A very quick preview of the FOMC meeting from Deutsche Bank
(The FOMC meet on December 15-16, with the announcement on December 16. If I was Yellen I’d do the announcement as a surprise on the 15th, just for kicks. But, I digress).
6 December, 2015 by The TZ Newswire Staff Comments Off on China Securities Journal: Think tank says economy to grow 6.5% or more in 2016
China Securities Journal: Think tank says economy to grow 6.5% or more in 2016
China Securities Journal reports (glowingly, I imagine):
– China’s economy will likely grow at or above 6.5% next year
– CPI will rise about 1.5%
Citing government think-tank the State Information Center
6 December, 2015 by The TZ Newswire Staff Comments Off on Capitol Report: Watch: President Obama addresses nation on ‘new phase’ of terrorist threat
Capitol Report: Watch: President Obama addresses nation on ‘new phase’ of terrorist threat
In a speech from the Oval Office, President Barack Obama outlined his administration’s ramped-up approach to fighting terrorism in the wake of last week’s killings in San Bernardino, Calif.
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6 December, 2015 by The TZ Newswire Staff Comments Off on 3 Stocks That Could Make Huge Moves This Week
3 Stocks That Could Make Huge Moves This Week
Two factors could combine to send these stocks on a wild ride!
6 December, 2015 by The TZ Newswire Staff Comments Off on These hackers specialize in manipulating you
These hackers specialize in manipulating you
Social engineers, or people hackers, specialize in getting you to share information you shouldn’t — like personal details that could lead to a password being stolen. Laurie Segall reports.