3 June, 2016 by The TZ Newswire Staff Comments Off on Capitol Report: More than one-in-three chance of a recession, J.P. Morgan says
Capitol Report: More than one-in-three chance of a recession, J.P. Morgan says
There’s more than a one-in-three chance of a U.S. recession in the next 12 months, J.P.
3 June, 2016 by The TZ Newswire Staff Comments Off on Africa’s richest man is building one of the world’s largest oil refineries
Africa’s richest man is building one of the world’s largest oil refineries
Nigeria is Africa’s top oil producer, yet it’s in the middle of a fuel crisis. The missing link: oil refineries. To address this massive disconnect, billionaire businessman Aliko Dangote is building an oil refinery right outside Lagos.
3 June, 2016 by The TZ Newswire Staff Comments Off on Doubleline Capital’s Gundlach calls June Fed hike an "impossibility"
Doubleline Capital’s Gundlach calls June Fed hike an "impossibility"
Comments from the bond guru
For what it is worth, Jeffrey Gundlach calls a June Fed hike an impossibilty and is also surprised by the stocks markets resilience. I assume he agrees with the yield curve flattening with 2s and 5s moving down about 12 basis points and 10s and 30s down 9 and 6 basis points respectively.
3 June, 2016 by The TZ Newswire Staff Comments Off on United CEO: Reinvesting in airline industry a ‘healthy sign’
United CEO: Reinvesting in airline industry a ‘healthy sign’
United Airlines CEO Oscar Munoz discusses the new Polaris business class, the Brexit referendum and his return to work after a heart transplant.
3 June, 2016 by The TZ Newswire Staff Comments Off on Bezos, AI and Trump chatter dominate Code Conference
Bezos, AI and Trump chatter dominate Code Conference
The Code Conference was all about artificial intelligence, space and the direction of the media.
3 June, 2016 by The TZ Newswire Staff Comments Off on Jobs number was terrible, but Fed hike still not off the table, strategist says
Jobs number was terrible, but Fed hike still not off the table, strategist says
Don’t write off a Fed rate hike just yet, Charles Schwab’s Jeffrey Kleintop says.
3 June, 2016 by The TZ Newswire Staff Comments Off on Dollar Tree And Dollar General: Two Peas In A Pod?
Dollar Tree And Dollar General: Two Peas In A Pod?
Despite a pause in the broad market the past week, there were still pockets of strength among big-cap leaders that investors should keep an eye on.
Two discount retailers in the Big Cap 20, Dollar General (DG) and Dollar Tree (DLTR), hit new highs after well-received fiscal first-quarter earnings reports on May 26.