4 January, 2016 by The TZ Newswire Staff Comments Off on A house divided: Zeckendorf brothers split on Clinton, Trump camps
A house divided: Zeckendorf brothers split on Clinton, Trump camps
From left: Hillary Clinton, William Zeckendorf, Arthur Zeckendorf and Donald Trump
With billion-dollar luxe condo tower 520 Park Avenue rising out of the ground, the Zeckendorf brothers are testing the biblical wisdom that says if a house is divided against itself, that house cannot stand.
4 January, 2016 by The TZ Newswire Staff Comments Off on Jailhouse Diary Of A Libor Manipulation Scapegoat
Jailhouse Diary Of A Libor Manipulation Scapegoat
When last we checked in on Tom Hayes, the “Rain Man” was headed to HM Prison Wandsworth, which Bloomberg describes as “a Victorian fortress south of the Thames known for its poor conditions and violent residents.”
4 January, 2016 by The TZ Newswire Staff Comments Off on A Little Knowledge Can Make A Mess Of A Short Sale
A Little Knowledge Can Make A Mess Of A Short Sale
For individual investors who like to sell stocks short in bad markets, the head-and-shoulders pattern often provides a reliable entry. IBD founder William J. O’Neil observed in “How to Make Money in Stocks” that when identifying a top in a stock, “head-and-shoulders patterns are among the most reliable.” Yet problems sometimes occur in interpretation.
4 January, 2016 by The TZ Newswire Staff Comments Off on Personal Finance Daily: Our predictions for 2016, and the people getting rich off your resolutions
Personal Finance Daily: Our predictions for 2016, and the people getting rich off your resolutions
Here are our predictions for the next year, spanning politics, the economy and consumer trends, and the people getting rich off everyone’s resolutions for the new year.
4 January, 2016 by The TZ Newswire Staff Comments Off on Real estate firms get socked by latest market tumble
Real estate firms get socked by latest market tumble
The city’s major publicly-listed real estate firms were not exempt from today’s stock market hangover — the worst post-New Year’s Day performance by the U.S. markets since 2008.
The Dow Jones Industrial Average closed this afternoon down 1.6 percent to 17,148.94. Other indices closely aligned with the real estate market reflected the drop, with the S&P 500 closing down 1.5 percent — its sixth-worst opening day ever — and the MSCI U.S. REIT Index – which tracks real estate investment trusts nationally – down 1.3 percent on the day.
4 January, 2016 by The TZ Newswire Staff Comments Off on Trending on LLNYC: Snow famines, speedboats … & more
Trending on LLNYC: Snow famines, speedboats … & more
4 January, 2016 by The TZ Newswire Staff Comments Off on Grains At 9-Year Lows; Harvest Said To Be Good
Grains At 9-Year Lows; Harvest Said To Be Good
A measure of wheat, corn and soybean prices fell to a nine-year low as beneficial weather in Latin America boosted concerns that global supply gluts will expand, while a slump in equities dragged commodities lower. The Bloomberg Grains Subindex fell as much as 2.1% to 38.77, the lowest since Sept. 15, 2006.