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A quiet war is underway. And the future of the internet as we know it is at stake. Most internet content is financed by interruptive advertising. And people hate it. Apple (AAPL) and Google...
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...
Generally, keeping all your eggs in one basket isn’t a good idea. That’s true when it comes to investing, and it’s the case for banking, too. Having a healthy mix of different loan types can be a...
Last fall, we had the “Trump Bump.” Last week, we got the “Trump Dump.” The Dow Industrials plunged more than 372 points on Wednesday, while the S&P 500 tanked more than 43. That was the worst,...
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...
Recent reports show that U.S. insurers had a tough start to the year, racking up an estimated record of $7 billion in insured damages in the first three months of 2017. Most of those losses were...
Most people are self-driving car skeptics. They just can’t imagine the cumbersome robot cars we see in the media today will ever become good or cheap enough for widespread use. A big hurdle is...
For most people, artificial intelligence is Siri, the lovable but slightly useless digital assistant on iPhones. She can’t really do anything except answer simple questions. She’s harmless. ...
Last week, the awakening began. In the tawny uptown offices, big banks reported mostly dismal results and warned the economic Trump bump was more smoke than fire. The contrast from January is...
Tesla (TSLA) is suddenly more valuable than Ford (F) and General Motors (GM). And longtime bears are losing their minds. You have to feel for them. At first glance, it doesn’t make sense....