Stitch Fix shares plunged after the company's first earnings report and the Senate passes tax reform. Plus was there insider trading at crypto exchange Coinbase? And Uber dealt a blow by the EU.
We also look a new interstellar object and whether or not it may support life. And Patagonia made a statement in opposition of President Trump's move against the national monuments in Utah, and sales soared. We talk about whether that trend will continue.
Plus our weekly personal finance show "Your Cheddar," presented by Ally.
Almost four dozen Venezuelan workers who had temporary protected status have been put on leave by Disney after the U.S. Supreme Court allowed the Trump administration to strip them of legal protections.
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
The Trump administration announced a trade deal with the United Kingdom Thursday in grandiose terms, but with only limited details about what it achieves.
