9 January, 2016 by The TZ Newswire Staff Comments Off on China Goes Full Keynesian-tard: Demolishes Never-Used Just-Built Skyscraper
China Goes Full Keynesian-tard: Demolishes Never-Used Just-Built Skyscraper
“Growth” meet “mal-investment boom-bust” In a perfect example of the smoke-and-mirror-ness of China’s credit-fueled expansion, a 27-storey high-rise building which was completed on November 15th 2015 was just demolished, “having been left unused for too long.”
9 January, 2016 by The TZ Newswire Staff Comments Off on Behind Alnylam Pharmaceuticals’ December Plunge
Behind Alnylam Pharmaceuticals’ December Plunge
Shares performed poorly in a month filled with good news.
9 January, 2016 by The TZ Newswire Staff Comments Off on Taxi King’s Tribeca penthouse is back, asking $25M
Taxi King’s Tribeca penthouse is back, asking $25M
Simon Garber, the Taxi King, and his apartment (Photo by Colin Archer)
Simon Garber, aka the Taxi King, has slapped his showy Tribeca penthouse back on the market, this time for $25 million. Here is a look inside.
9 January, 2016 by The TZ Newswire Staff Comments Off on 2 Reasons Why China’s Macro Woes Won’t Affect Apple, Inc. as Much as You Think
2 Reasons Why China’s Macro Woes Won’t Affect Apple, Inc. as Much as You Think
None of the recent macro concerns will directly affect the rising middle-class Chinese consumer, which is good news for the iDevice maker.
9 January, 2016 by The TZ Newswire Staff Comments Off on Gun support depends on who you are, where you live
Gun support depends on who you are, where you live
The demographic and ideological differences between those who favor or oppose gun laws remain rather high.
9 January, 2016 by The TZ Newswire Staff Comments Off on This quote from Williams shows everything that’s wrong with central bankers (and one thing that’s right)
This quote from Williams shows everything that’s wrong with central bankers (and one thing that’s right)
Put this in your model
The Fed’s Williams was asked about the impact of oil on the US economy.
“The Fed got it wrong when it predicted a drop in oil prices would be a big boon for the economy,” he said. “It turned out the world had changed; the US has a lot of jobs connected to the oil industry.”
9 January, 2016 by The TZ Newswire Staff Comments Off on CES 2016: Reed Hastings on the Future of Netflix
CES 2016: Reed Hastings on the Future of Netflix
The streaming service is out to conquer the world and change the way we watch TV further.