30 May, 2017 by The TZ Newswire Staff Comments Off on China manufacturing grew more than expected in May, official survey shows
China manufacturing grew more than expected in May, official survey shows
China reported PMI data on manufacturing and services for May with both readings higher than expected.
30 May, 2017 by The TZ Newswire Staff Comments Off on The Internet Helped Kill Inflation In America, Says Credit Suisse
The Internet Helped Kill Inflation In America, Says Credit Suisse
Whether or not San Francisco Fed President John Williams is right about US inflation and employment being about as close to the central bank’s targets as investors have seen – as he told CNBC two days ago – is irrelevant: The central bank is going to raise interest rates two more times this year no matter what happens to consumer prices, says Credit Suisse Chief Investment Officer for Switzerland Burkhard Varnholt.
30 May, 2017 by The TZ Newswire Staff Comments Off on Innovation of the Week: App aims to help buyers save
Innovation of the Week: App aims to help buyers save
read more30 May, 2017 by The TZ Newswire Staff Comments Off on Steve Ballmer: We took too long to get into hardware when I was at Microsoft
Steve Ballmer: We took too long to get into hardware when I was at Microsoft
Steve Ballmer said while Microsoft under him did do much to prepare for a cloud-first world, the company didn’t do enough to build new hardware capability.
30 May, 2017 by The TZ Newswire Staff Comments Off on Starbucks’ Howard Schultz told workers Trump created ‘chaos’ that is hurting economy
Starbucks’ Howard Schultz told workers Trump created ‘chaos’ that is hurting economy
Starbucks’ former CEO Howard Schultz told employees in February that the president was creating “chaos.”
30 May, 2017 by The TZ Newswire Staff Comments Off on RBNZ’s Wheeler: Pleased house price growth has slowed
RBNZ’s Wheeler: Pleased house price growth has slowed
RBNZ governor Wheeler press conference
Follows the earlier release:
RBNZ’s FSR: Risks to financial system have fallen
– Pleased house price growth has slowed
30 May, 2017 by The TZ Newswire Staff Comments Off on UK data – GfK consumer confidence for May: -5 (expected -8, prior -7)
UK data – GfK consumer confidence for May: -5 (expected -8, prior -7)
A beat for UK consumer confidence. Poor, deluded souls 😉
Comes in at -5 for May
– expected -8, prior -7
– a four-month high
Says Reuters:
– Overall the survey indicated solid consumer confidence by historical standards