admin July 22, 2018

Kevin Durant, Steph Curry and the rest of the dominant Golden State Warriors team caused a problem for eBay. A stormy start to the baseball season didn’t help either. Ebay owns ticket seller StubHub, and lackluster sales to sporting events and concerts dragged down the company’s second quarter earnings, CEO Devin Wenig said on a […]

admin July 22, 2018

China’s currency is plunging again. But how low will it go? The yuan weakened by nearly 1% against the US dollar on Thursday and continued its slide Friday, hitting its lowest level in over a year. It has now fallen by more than 8% over the past three months amid a global trade spat and […]

admin July 22, 2018

JPMorgan Chase has pumped millions of dollars into supporting entrepreneurs of color in Detroit, New York City and San Francisco. Now it’s taking its Entrepreneurs of Color Fund to Chicago. The bank announced Thursday that it would invest $4 million to provide minority entrepreneurs in Chicago’s South Side and West Side with the money and […]

admin July 21, 2018

Avis Budget Group may need to whip out its old “try harder” advertising slogan to convince Wall Street that the rental car business is still relevant. Who needs to rent a car when you can just get an Uber or Lyft to where you’re going? That seems to be what investors are asking. Avis and […]

admin July 21, 2018

Europe is hoping crunch talks with the United States next week will head off the threat of car tariffs and a transatlantic trade war. But expectations for the meeting between President Donald Trump and European Commission President Jean-Claude Juncker could hardly be lower. “Anything short of an outright disaster would be considered a success,” Judith […]

admin July 21, 2018

President Donald Trump said on Thursday that he’s “not thrilled” with the Federal Reserve for raising interest rates. Breaking with tradition to avoid criticizing the Fed, Trump told CNBC he’s worried that the central bank’s policies will cancel out his efforts to speed up the economy. “I don’t really — I am not happy about […]