Yelp Loses 4 Stars: Stock Down 50%, CFO Out

Yelp! stock became the latest Silicon Valley darling in the week before Valentine’s Day to tank by double-digits, as big investors retaliated for the 50 percent stock drop since December by forcing the company’s CFO to resign.

Yelp NYSE (Richard Drew / Associated Press)

Exclusive — Donald Trump: America Is Currently in a ‘Jobs Recession,’ when ‘Bubble’ Pops ‘It’s Going To Be Ugly’

MANCHESTER, New Hampshire — Billionaire and national 2016 GOP presidential frontrunner Donald Trump pushed back on the notion put forth by President Barack Obama that America is doing well economically. In an exclusive interview with Breitbart News on Friday, Trump laid out how he believes the United States is currently in another recession—something that proves President Obama’s economic policies have failed, as have those of his GOP enablers in Congress.

<> on July 25, 2015 in Oskaloosa, Iowa.

‘China Is in an Industrial Recession,’ Tony Nash Explains

International financial analyst Tony Nash said China was “clearly in an industrial recession,” posing increasing risk to financial markets around the globe. “What you have in China right now is a lot of overcapacity within the industrial sector,” Nash, Global Vice President of Delta Economics told Breitbart Executive Chairman Stephen K. Bannon. “China is clearly in an industrial recession and markets are simply catching up to that.”

An investor sits in front of a screen showing stock market movements in a stock firm in Fuyang, east China's Anhui province on January 4, 2016. Trading on the Shanghai and Shenzhen stock exchanges was ended early on January 4 after shares fell seven percent, the first time China's new …

The Gig Economy Appears to Be Growing– Here’s Why

With the rise of Uber, Airbnb, and TaskRabbit, there’s a sinking suspicion that the traditional 9-5 job is being replaced by flexible, independent contract work. But, despite the existence of multiple billion-dollar Silicon Valley startups hiring an army of independent contract workers, economists have had difficulty finding any evidence that Americans were more likely to be self-employed.

REUTERS/ROBERT GALBRAITH