Lyft Posts Strong Growth, Big Losses in First Public Quarter
Ride-hailing company Lyft is reporting strong revenue growth but substantial losses in its first quarterly earnings report since its rocky stock market debut.
Ride-hailing company Lyft is reporting strong revenue growth but substantial losses in its first quarterly earnings report since its rocky stock market debut.
Consumer borrowing up $10.3 billion in March, smallest gain in 9 months, as credit card use fell.
The Dow Jones Industrial Average tumbled more than 470 points Tuesday as the U.S. and China moved closer to an escalation of their already costly trade war.
The US government is raising its forecast for average gasoline prices this summer, citing higher refining margins.
Fresh market jitters over the possibility of an escalation in the costly trade war between the U.S. and China pulled stocks broadly lower on Wall Street Monday.
The Trump administration plans to let an additional 30,000 foreigners return to the U.S. through September for seasonal work.
Lord & Taylor, one of the country’s oldest department stores, may be sold.
Accusing China of reneging on promises, US plans to hike tariffs Friday; talks resume Thursday.
Donald Trump has said he will raise tariffs on $200bn (£152bn) of Chinese goods, because talks on a US-China trade deal are moving “too slowly”.
Rules that let shareholders veto excessive executive pay packages have failed, new research from a think tank suggests.