22 December, 2015 by The TZ Newswire Staff Comments Off on Commerce Department Releases Consumer Spending Data Early – Worst YoY Growth Since May 2013
Commerce Department Releases Consumer Spending Data Early – Worst YoY Growth Since May 2013
In yet another government SNAFU, the US commerce department has released spending data prematurely. Instead of tomorrow morning, its website released the data at 1923ET.. and it is not good. Despite a 0.3% rise in November, thanks to downward revisions, the YoY growth in Spending was just 2.9%. May 2013 was the last time YoY growth was weaker than this and corresponds with spending weakness seen in each of the last 3 recessions.
22 December, 2015 by The TZ Newswire Staff Comments Off on Chinese Executive Who Was Once Kidnapped By Angry Investors Disappears
Chinese Executive Who Was Once Kidnapped By Angry Investors Disappears
Back in August, angry investors captured Shan Jiuliang, the head of Fanya Metals Exchange, in a daring predawn raid on a luxury hotel in Shanghai.
22 December, 2015 by The TZ Newswire Staff Comments Off on Nike Inc. Delivers Another Solid Quarter
Nike Inc. Delivers Another Solid Quarter
The sportswear juggernaut is climbing despite a slight top-line miss. Here’s why.
22 December, 2015 by The TZ Newswire Staff Comments Off on Why the dollar’s rise could be more modest in 2016
Why the dollar’s rise could be more modest in 2016
Most investors predict the dollar’s rally to continue to 2016, but gains may be more modest than expected.
22 December, 2015 by The TZ Newswire Staff Comments Off on Why the dollar’s rise could be more modest in 2016
Why the dollar’s rise could be more modest in 2016
Most investors predict the dollar’s rally to continue to 2016, but gains may be more modest than expected.
22 December, 2015 by The TZ Newswire Staff Comments Off on Nike beats on earnings; future orders soar
Nike beats on earnings; future orders soar
Shares of Nike rose more than 3 percent in extended-hours trading.
22 December, 2015 by The TZ Newswire Staff Comments Off on Treasury Bond Prices Fall, First Time Since Rate Hike
Treasury Bond Prices Fall, First Time Since Rate Hike
Treasuries fell for the first time since the Federal Reserve raised interest rates Dec. 16 amid hints of strength in consumer and energy prices. Yields climbed after the Commerce Department reported that consumer prices excluding food and fuel rose at a faster pace than previously estimated in the third quarter.