18 December, 2015 by The TZ Newswire Staff Comments Off on Pro Uncut: The full interview with Howard Marks
Pro Uncut: The full interview with Howard Marks
Howard Marks, chairman of Oaktree Capital, shared his market views and investment strategies with CNBC on Friday.
18 December, 2015 by The TZ Newswire Staff Comments Off on One Vanderbilt will be a game-changer: architecture review
One Vanderbilt will be a game-changer: architecture review
Rendering of One Vanderbilt in East Midtown (credit: KPF)
From the December issue: One Vanderbilt, which will soon break ground on one of the key corners of East 42nd Street, is certain to alter the area in profound ways.
18 December, 2015 by The TZ Newswire Staff Comments Off on ISIS Axis Assemble! Turkey To Establish Military Base In Qatar
ISIS Axis Assemble! Turkey To Establish Military Base In Qatar
As we never tire of reminding readers, it’s critical to understand that the conflict in Syria, as interesting and important as it is in isolation, is part of larger story. As we documented in “Mid-East Coup: As Russia Pounds Militant Targets, Iran Readies Ground Invasions While Saudis Panic,” an epochal shift is taking place in the region
18 December, 2015 by The TZ Newswire Staff Comments Off on Only one senator seeking the White House missed the big spending vote
Only one senator seeking the White House missed the big spending vote
Marco Rubio was the only senator running for president who missed the Senate vote Friday on the massive $1.1 trillion tax-and-spending bill, one of the most consequential of the year.
18 December, 2015 by The TZ Newswire Staff Comments Off on Fed’s Lacker says four rate hikes in 2016 would be "gradual"
Fed’s Lacker says four rate hikes in 2016 would be "gradual"
Federal Reserve forecasts pointing to four interest rate hikes in 2016 show what the U.S. central bank means when it says it anticipates raising rates at a “gradual pace,” Richmond Fed President Jeffrey Lacker said on Friday. The Fed raised the range of its benchmark interest rate by a quarter of a percentage point on Wednesday and indicated that further hikes would be gradual. The central bank also said its median policymaker forecast expected the equivalent of four quarter-point hikes next year.
18 December, 2015 by The TZ Newswire Staff Comments Off on Prospects still slim for major global economic pickup
Prospects still slim for major global economic pickup
LONDON/BRASILIA/BENGALURU (Reuters) – The world economy may be set for another year like 2015, with modest growth in developed economies offsetting persistent weakness elsewhere but generating very little inflation and keeping interest rates low. The U.S. Federal Reserve’s long-awaited rise in rates from zero showed confidence in the world’s largest economy, but rival China is still struggling for a foothold with rate cuts.
18 December, 2015 by The TZ Newswire Staff Comments Off on Exclusive: Bombardier’s Beaudoin seen stepping down as chairman – source
Exclusive: Bombardier’s Beaudoin seen stepping down as chairman – source
WASHINGTON/MONTREAL (Reuters) – Pierre Beaudoin is expected to step down as executive chairman of Canada’s Bombardier Inc (BBDb.TO) in early 2016, according to a source familiar with discussions about the issue, a move that could erode family control of the plane and train maker. The source, who was not authorized to speak publicly, said the change was still being discussed and it was not clear who would replace Beaudoin, a member of the family that controls the company.