9 March, 2017 by The TZ Newswire Staff Comments Off on The Wall Street Journal: New funding round pushes Airbnb’s value to $31 billion
The Wall Street Journal: New funding round pushes Airbnb’s value to $31 billion
Airbnb Inc.
9 March, 2017 by The TZ Newswire Staff Comments Off on Oil tumbles for second day; ECB in focus
Oil tumbles for second day; ECB in focus
The European Central Bank is stealing the spotlight temporarily from the Federal Reserve today as it announces its latest monetary policy decision and hopefully offers some guidance for the rest of the year.
9 March, 2017 by The TZ Newswire Staff Comments Off on Jon Corzine Takes Stand to Testify in MF Global Trial, Blames PWC
Jon Corzine Takes Stand to Testify in MF Global Trial, Blames PWC
Appearance of Corzine in Manhattan court marks a return to the spotlight after he paid $5 million to settle with the CFTC.
9 March, 2017 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Lawsuit claims presidency gives Trump hotel in Washington unfair advantage
The Wall Street Journal: Lawsuit claims presidency gives Trump hotel in Washington unfair advantage
A lawsuit filed Thursday by a Washington wine bar targets President Donald Trump’s lease with the federal government to rent the Old Post Office downtown, with the aim of forcing him to divest himself from the Trump International Hotel operating in the historic building.
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9 March, 2017 by The TZ Newswire Staff Comments Off on Dollar under spotlight as first Trump-era G20 eyes FX stance overhaul
Dollar under spotlight as first Trump-era G20 eyes FX stance overhaul
A draft communique prepared for next week’s gathering of G20 finance chiefs has dropped the group’s standard pledges on the need for flexible yet stable exchange rates and orderly markets, suggesting it could prove a landmark event for currency markets.
9 March, 2017 by The TZ Newswire Staff Comments Off on Here’s What Actually Drives The Price Of Gold
Here’s What Actually Drives The Price Of Gold
In my more than 35 years of investing in hard assets, precious metals and mining, I’ve learned to manage my expectations of gold’s short-term price action. Sure, there have been surprises along the way, but generally, the yellow metal has behaved relatively predictably to two macro drivers, the Fear Trade and Love Trade.
Last year, gold had its best first half of the year in decades, all in response to Fear Trade factors such as low to negative global government bonds and geopolitical risks, specifically Brexit and the upcoming U.S. election.