3 June, 2016 by The TZ Newswire Staff Comments Off on Economic Report: Factory orders rise 1.9% for second monthly gain in a row
Economic Report: Factory orders rise 1.9% for second monthly gain in a row
3 June, 2016 by The TZ Newswire Staff Comments Off on US Services Economy ‘Bounce’ Dies – ISM/PMI Near "Weakest Expansion Since The Recession"
US Services Economy ‘Bounce’ Dies – ISM/PMI Near "Weakest Expansion Since The Recession"
The brief April bounce in US Services economy has died as PMI slipped back to 51.3 as Markit warns “the service sector reported one of the weakest expansions since the recession.” This weakness was followed by ISM Services which plunged to its lowest since Feb 2014, crushing the hopes of the April bounce. Employment plunged into contraction and New Orders tumbled, with the surveys pointing to GDP growing at an annualised rate of just 0.7-8% in the second quarter.
Bye bye April bounce!!
3 June, 2016 by The TZ Newswire Staff Comments Off on Weekend Sip: Cheech Marin has a mezcal that, surprisingly, is less smoky
Weekend Sip: Cheech Marin has a mezcal that, surprisingly, is less smoky
He has signed on to be brand ambassador for Tres Papalote.
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3 June, 2016 by The TZ Newswire Staff Comments Off on On The Move: IEX Promotes Ryan to President, Names New Chief Strategy Officer
On The Move: IEX Promotes Ryan to President, Names New Chief Strategy Officer
Former KCG-er Eric Stockland will be CSO, a role once served by longtime IEX-er Ronan Ryan who now serves as the ATS’ president.
3 June, 2016 by The TZ Newswire Staff Comments Off on Why is Monaco considered a tax haven?
Why is Monaco considered a tax haven?
Discover why the principality of Monaco is considered a tax haven, and learn about some of the sovereign city-state’s more favorable tax policies.
3 June, 2016 by The TZ Newswire Staff Comments Off on "It Explains Why Policy Is Just So Horrible" – Santelli Rages Against Central Banks After May Jobs Disaster
"It Explains Why Policy Is Just So Horrible" – Santelli Rages Against Central Banks After May Jobs Disaster
The incredible miss in May’s jobs data (only adding 38,000 jobs, the lowest since September 2010) caused Rick Santelli to explode into another one of his epic rants – slamming the fact that the headline unemployment number will be touted and the central banks have created such a mess.
3 June, 2016 by The TZ Newswire Staff Comments Off on Cisco and IBM Team Up on IoT Services
Cisco and IBM Team Up on IoT Services
Cisco (NASDAQ: CSCO) and IBM (NYSE: IBM) recently announced a partnership to launch new Internet of Things services. Cisco will connect its edge analytics solutions, which analyze data at the edges of networks, to IBM’s Watson IoT platform and business analytics offerings.