24 July, 2017 by The TZ Newswire Staff Comments Off on Capitol Report: Companies do better when CEO pay dwarfs average worker, study finds
Capitol Report: Companies do better when CEO pay dwarfs average worker, study finds
A paper to be presented at the American Accounting Association annual meeting finds that the higher gap is between CEO pay and that of the median worker, the better the company performance.
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24 July, 2017 by The TZ Newswire Staff Comments Off on Australian Q2 inflation data due this week – preview
Australian Q2 inflation data due this week – preview
April to June CPI data due from Australia this week, scheduled for 0130GMT on Wednesday 26 July 2017
This will be watched by the currency market – higher inflation would be supportive of the AUD, and vice versa. But, for previews, here are a couple from banks (in brief) and I’ll have more as we approach
24 July, 2017 by The TZ Newswire Staff Comments Off on US Stocks Finish Mostly Lower Ahead of Earnings; Nasdaq Reaches New Record
US Stocks Finish Mostly Lower Ahead of Earnings; Nasdaq Reaches New Record
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Nasdaq Composite Index hits new record as tech shares rally. US stocks finished mostly lower on Monday, although shares of tech companies rose ahead of high-profile earnings. The large-cap S&P 500 Index (NYSEARCA:SPY) fell 2.63 points, or 0.1%, to close at 2,469.91. Nine of 11 sectors finished in the red, with defensive shares leading the…
24 July, 2017 by The TZ Newswire Staff Comments Off on Forexlive Americas FX news wrap: Dollar is little changed as market await Fed decision
Forexlive Americas FX news wrap: Dollar is little changed as market await Fed decision
Forex news for trading on July 24th, 2017
An end of day snapshot of other markets show:
– Spot gold +0.38%, or+0.3%
– WTI Crude oil up $0.64 or 1.42%
– US stocks ended the day mixed. The Nasdaq closed at a record level up 0.36%. S&P fell by -0.11%. The Dow was lower by -0.31%
The USD was mixed
24 July, 2017 by The TZ Newswire Staff Comments Off on Universal Basic Income: Can It Work?
Universal Basic Income: Can It Work?
By Global Risk Insights – With the increase of workplace automation and robotics, the fear of rising unemployment has many economists and policymakers worried how a displaced labor force will survive. The response to…
24 July, 2017 by The TZ Newswire Staff Comments Off on Oil Got Trounced and Solar Soared in the First Half
Oil Got Trounced and Solar Soared in the First Half
By Robert Rapier – The first half of 2017 marked the worst first-half performance for crude oil since 1998. The price of West Texas Intermediate (WTI) and Brent crude both fell 14% in the first half of the year. Coal and natural gas also declined…
24 July, 2017 by The TZ Newswire Staff Comments Off on ECRI: "All Signs Point to a Cyclical Slowdown in Inflation"
ECRI: "All Signs Point to a Cyclical Slowdown in Inflation"
By Jill Mislinski – Today’s release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 144.8, up from the previous week. Year-over-year the four-week moving average of the indicator is now at 4.99%, down…