23 August, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Qatar fund buys stake in Empire State Building
The Wall Street Journal: Qatar fund buys stake in Empire State Building
The Qataris are betting on the Empire State Building.
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23 August, 2016 by The TZ Newswire Staff Comments Off on PBOC sets yuan reference rate for today at 6.6420 (vs. yesterday at 6.6586)
PBOC sets yuan reference rate for today at 6.6420 (vs. yesterday at 6.6586)
The USD/CNY mid week mid point
In Open Market operations, the PBOC inject 90bn yuan through 7-day reverse repos
AND 50bn with 14-day reverse repos
23 August, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Obama pledges support to Louisiana flood victims
The Wall Street Journal: Obama pledges support to Louisiana flood victims
President Barack Obama traveled to the Baton Rouge, La., area on Tuesday to pledge federal support to repair the damage from some of the worst flooding to hit the U.S.
23 August, 2016 by The TZ Newswire Staff Comments Off on Chicago Violent Crime Spreading To The "Safe" North Side Neighborhoods
Chicago Violent Crime Spreading To The "Safe" North Side Neighborhoods
Chicago’s violent crime problem seems to be spreading to the historically safe “north side” neighborhoods. The spike in crime on the north side comes as Chicago’s police department has diverted more officers to the city’s violent south and west side neighborhoods to fight extreme levels of violence there. As reported by local Chicago news station WGN, violent crime is up 61% in the Loop this year with Near North Side up 50%, Lincoln Park up 42% and Edgewater up 44%.
23 August, 2016 by The TZ Newswire Staff Comments Off on Give Me Some Epinephrine
Give Me Some Epinephrine
The past 30 days have been the least volatile of any 30-day period in more than two decades. Only five days during the most recent stretch saw the S&P 500 move by more than 0.5% in either direction, the lowest since the fall of 1995. I find myself refreshing my screens, because sometimes throughout the…
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23 August, 2016 by The TZ Newswire Staff Comments Off on Dollar edges up, as investors wait on Fed, Jackson Hole
Dollar edges up, as investors wait on Fed, Jackson Hole
The dollar edged up on Wednesday, moving off lows touched against the yen overnight, as markets looked to Jackson Hole for rate hike clues.
23 August, 2016 by The TZ Newswire Staff Comments Off on A Deep Dive Into Square Inc
A Deep Dive Into Square Inc
Square (NYSE: SQ) is a young, newly public company that allows small and medium-sized businesses to make credit card transactions. In the past year since its IPO, Square has grown tremendously — but the company is not yet net income positive, and several significant risks are keeping the stock away from must-buy lists.