Cars.com Inc. shares tumbled 35% Monday after the digital marketplace for car sales said its board has completed a strategic review without receiving any actionable bids and will now work to execute a plan to drive growth. The review was first announced on …
Read More

Ride-hailing market rookies Uber Technologies Inc. and Lyft Inc. will slug it out this week with earnings, but the most prominent topic could be a war between them that is ending. Earlier this year, in their first earnings reports after initial public offeri…
Read More

If you think gold is always a safe haven financial asset, think again. It crashed in the 2008 financial crisis along with everything else. And it lost about three-quarters of its purchasing value during the 1980s and 1990s. But its acting like a safe haven …
Read More

In stark contrast to the space race of the 20th century, which saw governments compete with each other, the modern space race is primarily taking place in the private sector. This is partly due to waning interest from governments in space missions, but it is …
Read More

“Trade Wars Escalate” [Tim Duy’s Fed Watch]. “The big news everyone will wake up to is the latest escalation in the trade wars between the U.S. and China. The situation is obviously a clear net negative for the economy that will keep the Fed biased toward eas…
Read More