17 May, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Icahn’s investment firm downgraded to junk status at S&P
The Wall Street Journal: Icahn’s investment firm downgraded to junk status at S&P
Carl Icahn’s investment firm, Icahn Enterprises, has been downgraded to junk status at Standard & Poor’s.
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17 May, 2016 by The TZ Newswire Staff Comments Off on Men’s Grooming Brand Hommage Secures Nearly £475,000 Just Hours After Crowdcube Launch
Men’s Grooming Brand Hommage Secures Nearly £475,000 Just Hours After Crowdcube Launch
Hommage, a men’s grooming brand, debuted its Crowdcube campaign on Tuesday to raise £500,000 as it looks to launch a monthly subscription service. Within just hours of its launch, the initiative has successfully secured nearly £475,000 from 29 investors (with the largest investment being £300,000). The company currently offers over… Read More
17 May, 2016 by The TZ Newswire Staff Comments Off on US stocks roll over; Fed feared
US stocks roll over; Fed feared
S&P 500 falls to session low
The S&P 500 is trading at a session low, down 20 points to 2046 and wiping out yesterday’s gain.
The market slumped hard Friday, bounced right back yesterday but has come unhinged again today.
17 May, 2016 by The TZ Newswire Staff Comments Off on P2P Insurance Provider Lemonade Receives Provisional B-Corp Certifcation
P2P Insurance Provider Lemonade Receives Provisional B-Corp Certifcation
The company that wants to upend the insurance industry, Lemonade, has announced its Board of Directors and shareholders has approved a decision to become a Certified B-Corporation. These for-profit companies are certified by the non-profit B Lab and must meet high standards of social and… Read More
17 May, 2016 by The TZ Newswire Staff Comments Off on Clinton? Trump? No matter. More debt, higher deficits are on the way.
Clinton? Trump? No matter. More debt, higher deficits are on the way.
Candidates may talk a good game when it comes to fiscal responsibility, but the reality is likely to be a lot messier.
17 May, 2016 by The TZ Newswire Staff Comments Off on Federal regulator warns CRE lenders of dreaded ‘froth’ in apartment market
Federal regulator warns CRE lenders of dreaded ‘froth’ in apartment market
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17 May, 2016 by The TZ Newswire Staff Comments Off on Fed struggles to convince markets that June is a live meeting, FOMC minutes could help
Fed struggles to convince markets that June is a live meeting, FOMC minutes could help
Markets in a ‘show me’ state
FOMC members Lockhart and Williams tried to send a message that a hike at the June meeting is possible on Tuesday.
“If the data continue to be encouraging I would certainly entertain some policy move in June,” Lockhart told the FT today. “I don’t think June should be taken off the table. I am of the view – others, my colleagues have said this – that markets may be reading this more pessimistically than I am. The [market-implied] probability of a rate increase in June is quite low.”