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Connectivity is a big new business, and the surprise winner is Amazon.com (Nasdaq: AMZN), a company best known for selling books and a broad array of consumer goods. Managers at Sidewalk...
My nephew just entered the workforce, and he’s reluctant to pour what little money he has into fixing his old car. But like millions of other Americans, he’s shocked by the prices of used cars.
Stop me if you’ve seen this movie before: Central bankers flood the economy with cheap, easy money. Things go well for a while in the sector that benefits from it. But eventually lenders go WAY...
One of my friends — one of my richest friends — built himself a mini-empire of auto dealerships. And like many businessmen, he was forced to close his showrooms in the wake of the lockdowns. His...
Janet Yellen’s speech last Friday, highlighted a positive outlook for a near future interest rate hike. She noted that solid performance of the labor market, coupled with positive outlook for...
What a wild couple of weeks it’s been for gold. First, the yellow metal pushed over its previous all-time high of $1,923, and, on Aug. 7, it clocked an intraday high of $2,089 per ounce. Then...
The branding is perfect: No lines, no checkouts, no registers. Retail is going people-less. Technology can replace cashiers, and companies are racing to get there first. The trend began with...
Airlines have been the butt of customer service jokes for years. Deservedly so. Now they’re fighting back, with software. This week, JetBlue announced a large investment in Gladly, a Silicon...
September was a rock-solid month for the U.S. auto industry, with major manufacturers like Toyota (TM, Rated “C+”), General Motors (GM, Rated “B”), and Ford (F, Rated “C”) recording year-over-year...
Mark Fields is out as the top man at Ford (F). Conventional wisdom puts the blame somewhere in the vicinity of Elon Musk, CEO at Tesla (TSLA). Don’t believe it. The auto business faces a...