20 February, 2017 by The TZ Newswire Staff Comments Off on Snap arrives in London to woo skeptical investors ahead of IPO
Snap arrives in London to woo skeptical investors ahead of IPO
Snap Inc, owner of popular messaging app Snapchat, kicked off its first investor roadshow on Monday.
20 February, 2017 by The TZ Newswire Staff Comments Off on Citigroup Fined $5.3 Million in South Africa for Rand Rigging Violations
Citigroup Fined $5.3 Million in South Africa for Rand Rigging Violations
The world’s largest financial firm is being forced to hand over 10 percent of its annual turnover in a settlement.
20 February, 2017 by The TZ Newswire Staff Comments Off on 5 Best States to Get a Mortgage
5 Best States to Get a Mortgage
It’s a good time to buy a home. According to the Mortgage Bankers Association, getting approved for a home loan is easier than it has been at any time in this past decade, with lenders recently approving 77% of loans, up from 71% in mid-2015. On top of that, interest rates are still extremely low, historically speaking.
You might want to act relatively quickly, though, as interest rates have inched up recently and seem likely to continue doing so over the coming years. Rates for 30-year loans hit a nearly three-year high of 4.32% in December, and were recently around 4.27%.
20 February, 2017 by The TZ Newswire Staff Comments Off on Fumbling Towards Collapse
Fumbling Towards Collapse
20 February, 2017 by The TZ Newswire Staff Comments Off on Indiegogo Introduces New Payment Options Through Stripe Partnership
Indiegogo Introduces New Payment Options Through Stripe Partnership
On Monday, Indiegogo introduced new payment options for its crowdfunding platform that will make it easier for backers to receive the support they needed. The funding portal revealed that, through its partnership with credit card vendor Stripe, it has begun to roll out Stripe payments… Read More
20 February, 2017 by The TZ Newswire Staff Comments Off on "Fake Data": Economists Concerned Trump Administration Will Adopt ‘Alternative’ Economic Facts
"Fake Data": Economists Concerned Trump Administration Will Adopt ‘Alternative’ Economic Facts
Over the weekend we noted that the Trump administration was considering changing the U.S. trade deficit calculation to exclude re-exports from the US trade balance, a shift that would make America’s trade gap appear even greater than it has been in recent years, potentially making future trade skirmishes and wars with America’s export-heavy trade partners far more likely (see “White House May Change Calculation Of US Trade Deficit, Boosting Trade War Odds“).
20 February, 2017 by The TZ Newswire Staff Comments Off on Infographic: Bullion Banking Mechanics
Infographic: Bullion Banking Mechanics
Bullion banks are some of the most influential participants in the global gold market. But who are these players and what do they actually do? And most importantly, how can these bullion banks trade thousands of times more gold each year than is actually in existence?
This infographic lifts the lid on bullion banking, looking at the world of fractional-reserve paper gold trading built on the unallocated gold account system. Topics covered include: