17 July, 2015 by The TZ Newswire Staff Comments Off on $50 million in tax credits sought for St. Louis stadium
$50 million in tax credits sought for St. Louis stadium
A revised plan for a new NFL stadium in St. Louis calls for the stadium authority to seek $50 million in state tax credits from the Missouri Development Finance Board. The credits would be spread over …
17 July, 2015 by The TZ Newswire Staff Comments Off on Tesla CEO Musk unveils Model S upgrades
Tesla CEO Musk unveils Model S upgrades
Tesla Motors CEO Elon Musk announced some product upgrades and discounts on its Model S line of electric cars.
17 July, 2015 by The TZ Newswire Staff Comments Off on The wrong question
The wrong question
The Neo-Fisherian debate continues, and continues to miss the point. The debate is framed in terms of whether a higher interest rate causes higher inflation. But that’s not even a question. Or at least it’s meaningless unless you explain whether the higher interest rate is produced by an expansionary monetary policy or a contractionary monetary policy. Central banks have the tools to do it either way. On the other hand I am increasingly getting the impression that the New Keynesian model is incapable of handling that distinction.
17 July, 2015 by The TZ Newswire Staff Comments Off on Why Shares in Axovant Sciences Are Soaring 20% Higher Today
Why Shares in Axovant Sciences Are Soaring 20% Higher Today
Axovant Sciences shares are jumping ahead of a key industry conference and investor webcast next week.
17 July, 2015 by The TZ Newswire Staff Comments Off on The Ratings Game: Google having best day in history of Wall Street, investors gain $65 billion
The Ratings Game: Google having best day in history of Wall Street, investors gain $65 billion
Analysts think Google will soon become the second company, behind Apple, to surpass a $500 billion valuation.
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17 July, 2015 by The TZ Newswire Staff Comments Off on Barron’s: VIX swoon since June may signal opportunity for investors
Barron’s: VIX swoon since June may signal opportunity for investors
Since hitting a recent intraday high of 20, on June 20, the VIX is down a whopping 40%.
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17 July, 2015 by The TZ Newswire Staff Comments Off on Weekend Sip: At last: Red wine without the headache
Weekend Sip: At last: Red wine without the headache
We all love a good glass of red wine.