31 January, 2016 by The TZ Newswire Staff Comments Off on What do the Fed’s bank stress tests mean?
What do the Fed’s bank stress tests mean?
The Fed can – and should – make sure that America’s banking system remains the key pillar of economic stability.
31 January, 2016 by The TZ Newswire Staff Comments Off on Asia’s factories parched for demand, need stimulus
Asia’s factories parched for demand, need stimulus
China was again the epicenter of disappointment as its official measure of manufacturing fell to the lowest since mid-2012, but the weakness also encompassed such bellwethers of high-tech trade as South Korea and Taiwan. The data are a taster for European and United States surveys later in the day, with growth in manufacturing activity likely static in the euro zone and contracting across the Atlantic. “One risk is that developed world businesses pull back in the face of rising currencies, weak productivity, and sub-par emerging market demand.
31 January, 2016 by The TZ Newswire Staff Comments Off on This anecdote explains why you shouldn’t fear AI…yet
This anecdote explains why you shouldn’t fear AI…yet
We may be looking at millions of jobs being lost to AI, but this anecdote highlights that there’s not that much to fear just yet.
31 January, 2016 by The TZ Newswire Staff Comments Off on Futures Movers: Oil sags on China data, production-cut doubts
Futures Movers: Oil sags on China data, production-cut doubts
Crude-oil prices fall, dragged by lackluster Chinese manufacturing data and dimming prospects of a coordinated production cut by world’s dominant oil producers.
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31 January, 2016 by The TZ Newswire Staff Comments Off on SEC’s Former Top Hand on Mutual Funds to Join Kirkland & Ellis
SEC’s Former Top Hand on Mutual Funds to Join Kirkland & Ellis
Norm Champ, a former U.S. Securities and Exchange Commission official who shaped rules meant to prevent runs on money-market mutual funds, is joining law firm Kirkland & Ellis.
31 January, 2016 by The TZ Newswire Staff Comments Off on Currencies: Dollar continues to trample the yen after BOJ easing
Currencies: Dollar continues to trample the yen after BOJ easing
The yen falls against the U.S.