8 September, 2016 by The TZ Newswire Staff Comments Off on Italy Wants to Tax Speculative Bitcoin Use
Italy Wants to Tax Speculative Bitcoin Use
New documents show bitcoin is being treated as a form of currency by Italy’s tax top office.
8 September, 2016 by The TZ Newswire Staff Comments Off on Dear Department Of Labor, Please Explain This
Dear Department Of Labor, Please Explain This
The last week has seen both PMI and ISM surveys for both manufacturing and services economies in America collapse. The hope-strewn bounce in Q2 is officially dead and leading this demise is a crash in employment components. So that leaves us, after today’s near 40-year lows initial jobless claims print at 259k, asking The Department of Labor… please explain this…
8 September, 2016 by The TZ Newswire Staff Comments Off on Is Jared Kushner building a house of cards?
Is Jared Kushner building a house of cards?
From the September issue: Last June, Mary Ann Tighe, one of the city’s top commercial real estate brokers, had an awkward exchange with New York real estate heir and publisher Jared Kushner. Tighe — a Democrat who’s supported Hillary Clinton and Al Gore in past elections — happened to be in Kushner’s office on business the day his father-in-law, Donald Trump, announced his bid for the White House. In one of his most controversial speeches … [more]
8 September, 2016 by The TZ Newswire Staff Comments Off on The weekly US initial jobless claims 259K vs. 265K estimate
The weekly US initial jobless claims 259K vs. 265K estimate
4-week MA 261.25K vs 263K last week
The weekly US initial jobless claims comes in at 259K vs 265K last estimate. The 4-week MA also declined to 261.25K from 263K last week. Continuing claims came in at 2144K vs 2151K estimate. Last week was revised to 2151K from 2159K.
8 September, 2016 by The TZ Newswire Staff Comments Off on Canadian July new house price index +2.8% y/y vs +2.5% y/y exp
Canadian July new house price index +2.8% y/y vs +2.5% y/y exp
Canada new house price index
– Prior was +2.5% y/y
– Prices up 0.4% m/m vs +0.1% exp
Separately, Canadian building permits
– July permits +0.8% vs +2.9% exp
Weak reading on building permits and there’s no easy answer with good weather in Canada in those months.
8 September, 2016 by The TZ Newswire Staff Comments Off on Here’s How a 40% to 60% Crash in Stocks Could Soon Happen
Here’s How a 40% to 60% Crash in Stocks Could Soon Happen
read more8 September, 2016 by The TZ Newswire Staff Comments Off on Need to Know: Why the ECB’s Super Mario really needs all his superpowers now
Need to Know: Why the ECB’s Super Mario really needs all his superpowers now
The spotlight is shifting to ECB and its boss Mario Draghi, after shining brightly on the iPhone 7 and Nintendo’s “Super Mario Run” coming to Apple gadgets.