29 October, 2016 by The TZ Newswire Staff Comments Off on The story of the tiny houses in the shadows of Rockefeller Plaza
The story of the tiny houses in the shadows of Rockefeller Plaza
Hiding in plain site, two townhouses stand amongst the skyscrapers of Rockefeller Plaza. But why? How did they survive? We have answers. Apparently back in 1892, Paddy Daly, Daniel Hurley and Connie Hurley signed a long-term lease on the property at 1240 Sixth Avenue where they opened a popular Irish pub called Hurley’s. It even operated as a speakeasy during prohibition, according to Scouting NY.
29 October, 2016 by The TZ Newswire Staff Comments Off on US Orders Family Members Of Istanbul Consulate Employees To Leave
US Orders Family Members Of Istanbul Consulate Employees To Leave
Tensions in Turkey are heating up again.
29 October, 2016 by The TZ Newswire Staff Comments Off on JPM Warns Shift To Passive Investing Increases Systemic Risk, Will Make Crashes Worse
JPM Warns Shift To Passive Investing Increases Systemic Risk, Will Make Crashes Worse
After nearly a decade of central planning by global monetary authorities, the hedge fund industry has found itself unable to generate any alpha since 2011. As Barclays recently calculated, the average monthly alpha has declined to -0.07% (annualized ~0.8%) from 2011 to May 2016 compared to an average of +0.48% (-5.9% annualized) for the entire period analysed (1993 to May 2016).
29 October, 2016 by The TZ Newswire Staff Comments Off on The Disaster Of Inflation… For The Bottom 95%
The Disaster Of Inflation… For The Bottom 95%
Submitted by Charles Hugh-Smith via OfTwoMinds blog,
Central banks seeking to boost inflation are waging financial war on the bottom 95% of households.
Central banks are obsessed with boosting inflation, but the “why inflation is good” arguments make no sense for households being ravaged by inflation. The basic argument is that inflation makes it easier for debtors to service their debts.
29 October, 2016 by The TZ Newswire Staff Comments Off on Trump vs. Clinton
Trump vs. Clinton
While there’s not exactly a big demand for my expertise in political matters, there are a few things about this election of which I am confident. But first, although I’m not going to espouse any political ideology, my own is basically a hippie libertarian on social matters with a true entrepreneurial capitalist economic view. But there is no Dr. Ron Paul this time and the Libertarian Gary Johnson is a disappointment. So we’re stuck with these two.
29 October, 2016 by The TZ Newswire Staff Comments Off on Woman assaults school secretary because she thought child was missing
Woman assaults school secretary because she thought child was missing
Woman assaults school secretary because she thought child was missing
AKRON, Ohio (WJW) — Police on Thursday were summoned to Robinson Community Learning Center after a local mother burst into the office believing her child was missing.
29 October, 2016 by The TZ Newswire Staff Comments Off on NewsWatch: Stock market braces for political jitters as Fed likely to stand pat
NewsWatch: Stock market braces for political jitters as Fed likely to stand pat
The stock market, gripped in a torpor so powerful that even peak earnings season couldn’t wake it, got a jolt from an unexpected corner—Democratic presidential nominee Hillary Clinton—underscoring the political risks in the remaining days ahead of the election.
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