The ride-sharing companies are subsidizing rides and overspending on technology, and soon their very business model may be upended in California.
Key Words: World economic growth is ‘fragile,’ Lagarde says, and central banks aren’t always the answer
World economic growth is “fragile” and “under threat,” former International Monetary Fund director Christine Lagarde says, and is over-reliant on the actions of central banks.
Asian markets advanced in early trading Friday following reassuring moves by central banks and as trade negotiations resumed between the U.S. and China.
Marathon Asset Management CEO Bruce Richards says central banks risk a backlash from the growing universe of negative government bond yields
Lim Chow Kiat oversees one of the world’s biggest sovereign wealth funds, and he’s feeling rather bearish.
“The Democratic Party seems to be leaning towards the left on policies, which is very harmful for the economy. I don’t like the shift to the left,” he explained, adding…
The Moneyist: My sister-in-law is a gold-digging, greedy woman — it floored me that men could be so stupid
This letter writer is embarking on an around-the-world trip with her husband and is afraid that her relative will insinuate herself into her daughter’s life while she’s gone.
The Tell: A ‘Fed put’ on the stock market could expire worthless due to these ‘recession errors’: Stifel’s Bannister
The Federal Reserve might not be able to rescue the stock market even if it wants to, thanks to mistakes its already made, says the analyst who called last year’s…
The Tell: The next financial crisis will be triggered by something nobody’s prepared for, warns market strategist
Kevin Muir, longtime trader and market strategist at Toronto-based East West Investment Management, says he’s preparing for a market storm that everybody else seems to be discounting. He explains how…
Katie Waldman is currently the communications director for Arizona Republican Martha McSally. Before that, she served as deputy press secretary for the DHS, where she was a public defender for…