1 June, 2016 by The TZ Newswire Staff Comments Off on Sorry Hillary: Former Clinton Advisor Thinks Joe Biden May Be The Nominee
Sorry Hillary: Former Clinton Advisor Thinks Joe Biden May Be The Nominee
By Douglas Schoen, former political adviser and pollster for President Bill Clinton in the years1994-2000. Originally posted in the WSJ
Clinton Might Not Be the Nominee
There is now more than a theoretical chance that Hillary Clinton may not be the Democratic nominee for president.
1 June, 2016 by The TZ Newswire Staff Comments Off on MarketWatch First Take: Internet status report: Slowing growth, an auto revival and the Chewbacca Mom effect
MarketWatch First Take: Internet status report: Slowing growth, an auto revival and the Chewbacca Mom effect
Venture capitalist Mary Meeker’s annual Internet Trends report is always a telling snapshot on tech, and this year’s edition sounds a cautious note about the good times potentially being over while offering some hope for future growth.
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1 June, 2016 by The TZ Newswire Staff Comments Off on MarketWatch First Take: Internet status report: Slowing growth, an auto revival and the Chewbacca Mom effect
MarketWatch First Take: Internet status report: Slowing growth, an auto revival and the Chewbacca Mom effect
Venture capitalist Mary Meeker’s annual Internet Trends report is always a telling snapshot on tech, and this year’s edition sounds a cautious note about the good times potentially being over while offering some hope for future growth.
read more
1 June, 2016 by The TZ Newswire Staff Comments Off on Oil – American Petroleum Institute (API) inventory data: BUILD of 2.35 million barrels
Oil – American Petroleum Institute (API) inventory data: BUILD of 2.35 million barrels
Stockpile data for oil via API’s weekly survey
– Crude build 2.35 mln barrels
– Cushing draw 1.03 mln barrels
– Gasoline -1.48 mln barrels
-Note – The American Petroleum Institute data is out earlier to their subscribers (at 4.30pm ET) and released publicly at 4.35pm ET.
1 June, 2016 by The TZ Newswire Staff Comments Off on ForexLive Americas FX news wrap: Manufacturing solid, construction slumps
ForexLive Americas FX news wrap: Manufacturing solid, construction slumps
Forex news for US trading on June 1, 2016:
Markets:
– JPY leads, GBP lags
– Gold down $2 to $1212
– WTI crude flat at $49.16
– S&P 500 up 2 points to 2099
Euro shorts headed for the exits ahead of Thursday’s ECB meeting. It finished near the high of the day at 1.1190 but with strong offers from 1.1200 to 1.1220 capping. The gains started in Europe and were briefly unwound by the ISM manufacturing data but details of the report were soft and the dip to 1.1140 was bought.
1 June, 2016 by The TZ Newswire Staff Comments Off on Acquisitions Boost Utility Sector; WEC, NextEra In Buy Area
Acquisitions Boost Utility Sector; WEC, NextEra In Buy Area
A spate of acquisitions in the utilities sector is helping energy providers fend off rising costs and falling demand, while still providing investors with steady dividend growth.
That helps to explain why the sector, often seen as a safe haven in times of trouble, was ranked No. 3 out of 33 on Wednesday.
Investors also seem undaunted by the prospect of another Federal Reserve interest rate hike, which could come as early as this month. Higher interest rates tend to boost utilities’ capital costs.
1 June, 2016 by The TZ Newswire Staff Comments Off on If OPEC drives down oil again, chances are it will fall hard
If OPEC drives down oil again, chances are it will fall hard
If OPEC officials talk down the price of crude, chances are good it could take a fairly deep dive over the next week.