An Uber rideshare sign is posted nearby as taxis wait to pick up passengers at Los Angeles International Airport (LAX) on February 8, 2023 in Los Angeles, California.Mario Tama | Getty ImagesThe new year has only just started, but macro uncertainty is already hanging over investors, with Federal Reserve officials...
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China’s electric car boom is expected to slow down in 2025
New electric vehicles destined for Belgium at a port in Taicang city in eastern China's Jiangsu province on Jan. 11, 2025.Future Publishing | Future Publishing | Getty ImagesBEIJING โ China's electric car market is headed for a sharp slowdown in 2025, according to analyst predictions, increasing pressure on companies trying...
Delta links its loyalty program to Uber, ending partnership with Lyft
Travelers wait for an Uber ride-share vehicle at Los Angeles International Airport in Los Angeles on Feb. 8, 2023.Mario Tama | Getty ImagesDelta Air Lines will link its lucrative SkyMiles loyalty program to Uber this spring, the companies announced Tuesday, as the airline ends its eight-year partnership with smaller ride-hailing...
Art Cashin’s sons pay homage to NYSE legend by carrying on New Year’s poem tradition
For decades, Art Cashin, UBS' director of floor operations at the New York Stock Exchange, would write a New Year's poem to reflect back on the year's events. With Cashin's passing earlier this month, his sons, Arthur and Peter, sent this homage to their father:Some Other Cashins' Comments: An Homage...
Wall Street notches another win as Fed’s Barr clears the way for gentler banking regulator
Federal Reserve Governors Michelle Bowman and Christopher Waller pose for a photo, during a break at a conference on monetary policy at Stanford University's Hoover Institution, in Palo Alto, California, U.S. May 6, 2022. Picture taken May 6, 2022.Ann Saphir | ReutersThe early departure of the Federal Reserve's top financial...