21 January, 2016 by The TZ Newswire Staff Comments Off on Jobless Claims in U.S. Increased Last Week to a Six-Month High
Jobless Claims in U.S. Increased Last Week to a Six-Month High
The number of applications for unemployment benefits unexpectedly increased last week to a six-month high, indicating tempered progress in the labor market.
21 January, 2016 by The TZ Newswire Staff Comments Off on ECB holds out chance of more stimulus at March meeting
ECB holds out chance of more stimulus at March meeting
FRANKFURT, Germany (AP) — European Central Bank head Mario Draghi let rattled investors know Thursday that the bank is poised to take action as soon as its next monetary policy meeting in March if plunging oil prices and the market turmoil threaten the economy.
21 January, 2016 by The TZ Newswire Staff Comments Off on Metals Stocks: Gold prices retreat from a nearly 2-week high
Metals Stocks: Gold prices retreat from a nearly 2-week high
Gold futures pull back from a nearly two week high as global stock markets rebound and the market frets over the risks for a selloff to cover margin calls.
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21 January, 2016 by The TZ Newswire Staff Comments Off on Brett Arends’s ROI: Donald Trump’s lead in New Hampshire is weaker than you think
Brett Arends’s ROI: Donald Trump’s lead in New Hampshire is weaker than you think
An astonishing 30% of Republicans say they will definitely not vote for Trump ‘under any circumstances,’ writes Brett Arends.
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21 January, 2016 by The TZ Newswire Staff Comments Off on Could a buyout be Macy’s “white knight”?
Could a buyout be Macy’s “white knight”?
Macy’s in Herald Square
The future of Macy’s hangs in the balance, and the possibility of a buyout has some investors excited.
21 January, 2016 by The TZ Newswire Staff Comments Off on Chinese vice-president Li: We will keep intervening in stock market
Chinese vice-president Li: We will keep intervening in stock market
Comments from Li Yuanchao in Davos, via BBG:
“An excessively fluctuating market is a market of speculation where only the few will gain the most benefit when most people suffer,” Li said “The Chinese government is going to look after the interests of most of the people, most of the investors.”
21 January, 2016 by The TZ Newswire Staff Comments Off on MasterCard Exec Talks Cautious Approach to Blockchain Tech
MasterCard Exec Talks Cautious Approach to Blockchain Tech
A MasterCard exec has said that while the firm is interested in blockchain tech, it intends to be cautious with its strategy in this area.