The Traderszone Network

23 February, 2017 by The TZ Newswire Staff Comments Off on Economic Report: Jobless claims rise by 6,000 to 244,000

Economic Report: Jobless claims rise by 6,000 to 244,000

The number of Americans who applied for unemployment benefits in late February rose slightly to 244,000, but layoffs remained near ultra-low levels last seen in the early 1970s.
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23 February, 2017 by The TZ Newswire Staff Comments Off on Mnuchin walked back on this key piece of Trump’s tax plan, CNBC’s Robert Frank says—Larry Kudlow disagrees

Mnuchin walked back on this key piece of Trump’s tax plan, CNBC’s Robert Frank says—Larry Kudlow disagrees

CNBC’s Robert Frank says Trump’s plan will likely give tax breaks to the wealthy. Larry Kudlow says differently.

23 February, 2017 by The TZ Newswire Staff Comments Off on Mnuchin walked back on this key piece of Trump’s tax plan, CNBC’s Robert Frank says—Larry Kudlow disagrees

Mnuchin walked back on this key piece of Trump’s tax plan, CNBC’s Robert Frank says—Larry Kudlow disagrees

CNBC’s Robert Frank says Trump’s plan will likely give tax breaks to the wealthy. Larry Kudlow says differently.

23 February, 2017 by The TZ Newswire Staff Comments Off on The New York Post: Hedge fund billionaire David Einhorn reportedly heading for divorce

The New York Post: Hedge fund billionaire David Einhorn reportedly heading for divorce

Hedge fund billionaire David Einhorn is separating from his wife of 24 years, Cheryl Strauss Einhorn, and the pair is heading for divorce, the New York Post reports, citing sources familiar with the situation.
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23 February, 2017 by The TZ Newswire Staff Comments Off on The New York Post: Hedge fund billionaire David Einhorn reportedly heading for divorce

The New York Post: Hedge fund billionaire David Einhorn reportedly heading for divorce

Hedge fund billionaire David Einhorn is separating from his wife of 24 years, Cheryl Strauss Einhorn, and the pair is heading for divorce, the New York Post reports, citing sources familiar with the situation.
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23 February, 2017 by The TZ Newswire Staff Comments Off on Owner of Greenpoint portfolio dodges foreclosure with sale to Black Spruce

Owner of Greenpoint portfolio dodges foreclosure with sale to Black Spruce

The owner of nine Greenpoint rental buildings narrowly escaped foreclosure Wednesday after closing on the $27 million sale of eight of the properties to Black Spruce Management, sources told The Real Deal. The distressed properties were notably at the center of a $150 million lawsuit from 2015 in which the owner, Sylvester Smolarczyk’s SMK Property Management, accused Madison Realty Capital of predatory lending practices. A Kings County Supreme Court judge dismissed the suit in September.

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23 February, 2017 by The TZ Newswire Staff Comments Off on Owner of Greenpoint portfolio dodges foreclosure with sale to Black Spruce

Owner of Greenpoint portfolio dodges foreclosure with sale to Black Spruce

The owner of nine Greenpoint rental buildings narrowly escaped foreclosure Wednesday after closing on the $27 million sale of eight of the properties to Black Spruce Management, sources told The Real Deal. The distressed properties were notably at the center of a $150 million lawsuit from 2015 in which the owner, Sylvester Smolarczyk’s SMK Property Management, accused Madison Realty Capital of predatory lending practices. A Kings County Supreme Court judge dismissed the suit in September.

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