8 June, 2016 by The TZ Newswire Staff Comments Off on BLS Says Jobs Openings Up; Actually, Openings Falling Fast!
BLS Says Jobs Openings Up; Actually, Openings Falling Fast!
Submitted by Mish Shedlock of MishTalk
The BLS JOLTS (Jobs Openings and Labor Turnover) report came out today.
The BLS claims jobs openings are up. Based on an alternate reports, I suggest opening are not only down, but falling steeply.
The implications are huge, so let’s dive into the discrepancies.
BLS: Job Openings vs. Hires
8 June, 2016 by The TZ Newswire Staff Comments Off on Forget Philip Morris International Inc: This Dividend Stock Is a Better Buy
Forget Philip Morris International Inc: This Dividend Stock Is a Better Buy
At 4.1%, Philip Morris International‘s (NYSE: PM) dividend is quite tempting. But much like its cigarettes, it may not be what’s best for you. That’s because when you invest in Philip Morris, or any cigarette stock for that matter, you’re investing against a major trend: the decline in smoking rates in many areas of the world. The impact of this can be seen in Philip Morris’ cigarette sales volumes, which have declined in each of the past three years.
8 June, 2016 by The TZ Newswire Staff Comments Off on Wheeler ends press conference
Wheeler ends press conference
New Zealand dollar at the highs
Overall, he sounded happy on the direction of the economy and inflation. NZD/USD now up 125 pips to 0.7133.
8 June, 2016 by The TZ Newswire Staff Comments Off on If You’re Retired, Consider Buying These 3 Dividend Stocks
If You’re Retired, Consider Buying These 3 Dividend Stocks
Investors in retirement typically gravitate toward companies with rock-solid fundamentals and a time-tested trajectory of dividend growth over the long term. With this in mind, names such as Coca-Cola (NYSE: KO), Clorox (NYSE: CLX), and McDonald’s (NYSE: MCD) are compelling candidates for investors in their golden years.
8 June, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Apple to allow app-search ads, app subscriptions
The Wall Street Journal: Apple to allow app-search ads, app subscriptions
Apple Inc. said Wednesday that it would implement a series of changes to its App Store, including allowing more apps to charge customers via subscriptions.
8 June, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Brazil’s central bank leaves interest rate unchanged
The Wall Street Journal: Brazil’s central bank leaves interest rate unchanged
Brazil’s central bank held its benchmark interest rate unchanged Wednesday at 14.25%, as expected, as inflation remains stubbornly high even during a sharp economic contraction.
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8 June, 2016 by The TZ Newswire Staff Comments Off on WTF Chart Of The Day: Chinese Trade Data Lies Exposed (Again)
WTF Chart Of The Day: Chinese Trade Data Lies Exposed (Again)
If March’s 116.5% surge in China imports from Hong Kong didn’t raise eyebrows as the veracity of the trade data, then perhaps following last night’s data drop, this month’s 242.6% explosion year-over in China imports from Hong Kong must at minimum deserve a second glance.
As Bloomberg’s Tom Orlik previously noted, the implausible 242.6% YoY surge screams that China is clearly disguising capital flows…