Larry Kudlow, the president’s top economic adviser, said the economy is strong enough to beat back Democrats and boost Republicans to victory in November’s midterms. “The great blue wall has crashed,”…
Money
Express Scripts staking out million dollar gene therapies
(Reuters) – Express Scripts Holding Co (ESRX.O) built a multi-billion enterprise pressuring drug companies to lower their prices for U.S. patients. Now it is quietly building a side business: ge…
Major Tesla owner Fidelity trimmed stake last quarter: SEC filing
NEW YORK (Reuters) – Major Tesla Inc (TSLA.O) shareholder, Fidelity Investments, cut its stake in the electric automaker by 21 percent during the second quarter, before Chief Executive Elon Musk…
Taiwan startup FunNow gets $5M Series A to help locals in Asian cities find last-minute things to do
“Instant booking” apps that let tourists sign up for activities on very short notice have been in the news a lot lately, partly because of Klook’s new unicorn status, but also because of the prolifera…
Maybe MoviePass Shouldn't Compare Itself to Uber
On Monday, MoviePass announced yet another entirely new model for subscribers. After announcing that it would be raising prices and limiting options for users of its all-you-can-eat movie theater subs…
Turkey shaken by financial fears, Trump rattles it further
A financial shockwave ripped through Turkey on Friday, when its currency nosedived on concerns about its economic policies and a dispute with the U.S., which President Donald Trump stoked further with…
Trade war threatens reign of luxury stocks
LONDON/PARIS (Reuters) – An escalating trade war between the United States and China could abruptly end a glittering stock market run for luxury goods firms, with some investors already put off …
YOUR MONEY: How to rebuild when divorce derails your retirement
NEW YORK (Reuters) – Divorce crushed Dennis Nolte’s retirement plans not once but twice. A senior takes a walk in Sun City, Arizona, January 5, 2013. REUTERS/Lucy Nicholson/File Photo The first …