Something has to give.
A no-brainer gets rejected. This is likely my last gig, and I want to do what I love doing. But the advertising-based model is teetering.
What’s Causing the Subprime Auto Loan Fiasco?
Are banks trying to send credit-card-processing fee-gougers Visa, MasterCard et al. the way of Friendster?
Brick-and-Mortar Meltdown for its new shareholders: All of them PE firms.
Prudent cost-cutting move artfully dressed up as response to local politicians that had railed against the $3-billion corporate welfare package.
Consumer exuberance maxed out last summer and has since changed direction.
But then there’s the “average transaction price.”
The hope in early January has been unwound.
“A development that is surprising during a strong economy and labor market”: New York Fed