25 September, 2016 by The TZ Newswire Staff Comments Off on Read Bill Clinton’s full interview about the Fed, his foundation and US jobs
Read Bill Clinton’s full interview about the Fed, his foundation and US jobs
Former president Bill Clinton talked to CNBC last week about his foundation, Hillary Clinton’s campaign and free trade.
25 September, 2016 by The TZ Newswire Staff Comments Off on AUD/NZD: Target 1.07 in the coming weeks – ABN-AMRO
AUD/NZD: Target 1.07 in the coming weeks – ABN-AMRO
From ABN-AMRO:
The AUD has outperformed the NZD in the past week as financial markets are coming to terms that the Reserve Bank of Australia (RBA) is likely to keep monetary policy unchanged this year, while another 25bp rate cut is still expected in New Zealand. Earlier this week, RBA governor Lowe said that the RBA is not an ‘inflation nutter’ and some degree of variability in inflation is inevitable and appropriate. This has raised the hurdle rate of policy easing in the coming months even if inflation in the third quarter remains below the RBA’s 2-3% target range.
25 September, 2016 by The TZ Newswire Staff Comments Off on Saudis Offer To Cut Production By 500,000 Barrels: "The Oil Market Situation Is Much More Critical"
Saudis Offer To Cut Production By 500,000 Barrels: "The Oil Market Situation Is Much More Critical"
Saudi Arabia’s oil policy, unveiled just under two years ago, at the November 2014 OPEC meeting where it effectively splintered the OPEC cartel by announcing it would produce excess quantities of oil in hope of putting shale and other high-cost producers out of business has backfired spectacularly: not only has OPEC failed to crush the US shale industry, which as a result of increasing efficiencies, and debt-for-equity exchanges has seen its all in production costs tumble, making even far cheaper oil prices profitable (especially with the addition of hedges), not to mention Wall Street’s ra
25 September, 2016 by The TZ Newswire Staff Comments Off on Why You Should Beware the Altcoin Rebrand
Why You Should Beware the Altcoin Rebrand
Lead developer of Drop Zone Chris DeRose argues that ICOs are little more than rebranded altcoins and come with similar risks.
25 September, 2016 by The TZ Newswire Staff Comments Off on Sony Is Taking Yet Another Step Into Virtual Reality
Sony Is Taking Yet Another Step Into Virtual Reality
Image source: Getty Images.
Recently, Sony (NYSE: SNE) took another step forward with virtual reality when it announced that Sony Pictures has partnered with Reality One to develop and publish virtual reality (VR) content that will be an expansion of Sony’s films, as well as original stand-alone content.
25 September, 2016 by The TZ Newswire Staff Comments Off on Older Americans Are More Afraid of Running Out of Money Than Death
Older Americans Are More Afraid of Running Out of Money Than Death
Running out of money in retirement is a major concern for older Americans, especially since so many are considerably behind on savings. But apparently the aptly named retirement crisis is more serious than we thought. According to a recent Transamerica study, 43% of workers 50 and older claim that their greatest retirement-related fear is outliving their savings.
25 September, 2016 by The TZ Newswire Staff Comments Off on Jose Fernandez, ace pitcher for Miami Marlins, dies in Miami boating accident
Jose Fernandez, ace pitcher for Miami Marlins, dies in Miami boating accident
The Miami Marlins have announced the death of ace right-hander Jose Fernandez.