There's no question that it's been a hard year for Kalanick and Uber - or really, a bad year compressed down into an awful three months. And it keeps getting worse.

There might have been a bit of heart burn at James Packer's casino operator, Crown, Wednesday morning as its stock dived just as news emerged it is considering a fire sale of hundreds of millions of dollars worth of toys that had been used to entertain its Chinese high rollers.

High earners are negatively gearing their way out of the Medicare levy.

The ASX continues to wallow as Telstra trades ex-divided, while an initial Trump-inspired jump in Wall St futures quickly fades.

Bullish and cautious aren't usually words found in the same sentence, but coking coal miners are "excited" about the outlook.

The Dow rose past 21,000 for the first time as investors grew increasingly confident global economic growth is accelerating.

China has ordered steel and aluminium producers in 28 cities to slash output during winter, amid a war on smog.

Capital city house prices have grown at their strongest annual rate in almost seven years after interest rate cuts and investor demand lit a fire under property values.

Australia's top economic bureaucrat has begged the government not to spend the coming windfall from soaring coal and iron ore prices, saying if it did it would repeat the mistakes of prime minister John Howard and treasurer Peter Costello in the early 2000s.

Uber is facing a perfect storm.

We've been calling these products 'milk' for decades. Will we have to stop?

The Australian sharemarket jumped more than 1 per cent to its best day of 2017, following strong off-shore leads.

The euphoric Trump trade has been replaced by solid global economic data signalling the global economy is on the mend.

Shares record their best day in over three months as investors surf the wave of optimism that swept through the market overnight thanks to a renewed faith in the Trump trade, overwhelming the drag of some big names like Woolies and Lendlease trading ex-dividend.

Fears about Chinese investment in Australia naively exaggerate the amount of control the Chinese government has over Chinese corporations, according to an optimistic new report which seeks to "mythbust" public and media views about how Chinese business operates.