15 May, 2016 by The TZ Newswire Staff Comments Off on "It’s Pretty Much Open Season" – Shoplifting Runs Rampant In California After Rule Changes
"It’s Pretty Much Open Season" – Shoplifting Runs Rampant In California After Rule Changes
It turns out that thieves are smarter than politicians give them credit for, and thanks to Proposition 47 that passed in late 2014, this is something California is learning the hard way.
Proposition 47 downgraded drug possession and some theft crimes to misdemeanors in order to reduce prison and jail populations, and on that score, the referendum was successful.
15 May, 2016 by The TZ Newswire Staff Comments Off on Vietnam’s TPBank says it fought off SWIFT cyber-attack
Vietnam’s TPBank says it fought off SWIFT cyber-attack
Vietnam’s Tien Phong Bank said that it interrupted an attempted cyber heist that involved the use of fraudulent SWIFT messages.
15 May, 2016 by The TZ Newswire Staff Comments Off on SoMe NeiGHBoRLY ADViCe…
SoMe NeiGHBoRLY ADViCe…
15 May, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Hillary Clinton fights to regain momentum in Kentucky
The Wall Street Journal: Hillary Clinton fights to regain momentum in Kentucky
Democrat Hillary Clinton made a final push in Kentucky ahead of Tuesday’s presidential primary, looking to snap a losing streak against Sen.
15 May, 2016 by The TZ Newswire Staff Comments Off on Japan – PPI (April): -0.3% m/m (expected +0.2%) & -4.2% y/y (expected -3.7%)
Japan – PPI (April): -0.3% m/m (expected +0.2%) & -4.2% y/y (expected -3.7%)
Japan – PPI for April
-0.3% m/m
– expected +0.2%, prior -0.1%
-4.2% y/y
– expected -3.7%, prior -3.8%
– Overall final goods prices (of finished products charged to businesses) fell 2.7 y/y
–
15 May, 2016 by The TZ Newswire Staff Comments Off on Compound Interest vs. Accrued Interest
Compound Interest vs. Accrued Interest
Accrued interest is used when an investment pays a steady amount of interest, which can be easily prorated over short periods of time. Bonds are good examples of investments where accrued interest calculations are useful.
15 May, 2016 by The TZ Newswire Staff Comments Off on WSJ reports ‘Libyan Oil Blockade Partially Lifted’. (ps. don’t get too excited on exports)
WSJ reports ‘Libyan Oil Blockade Partially Lifted’. (ps. don’t get too excited on exports)
The Wall Street Journal report on comments from Libyan officials (speaking on Sunday):
– Libya’s divided oil officials have agreed to allow petroleum to flow again between the country’s east and west but have yet to end a crisis that is blocking exports
BUT, note this on exports…