Lyft Is the Ride-Hailing Network That Could Be Left Behind
A distant second in North American ride-hailing, Lyft lacks the scale and diversification to compete effectively with Uber.
The coming global interest-rate collapse will force the Fed to cut four times in 2025
The December FOMC statement and "dot plot" signaled that the Fed is pivoting from focusing on unemployment back to controlling inflation. The signals point to the Fed pausing after two more rate cuts ...
STOXX Europe 600 Index Ends 0.18% Higher at 503.81 — Data Talk
The STOXX Europe 600 Index is up 0.90 point or 0.18% today to 503.81 --Largest one-day point and percentage gain since Wednesday, Dec. 11, 2024 ...
Sticky inflation creates rift at Fed over how much to cut rates
Which of these views prevails will depend, of course, on how much inflation slows in the next year. If the recent upturn in inflation proves to be a blip, the Fed could increase the number of rate ...
FTSE 100 Index Ends 0.42% Higher at 8136.99 — Data Talk
The FTSE 100 Index is up 34.27 points or 0.42% today to 8136.99 --Largest one-day point and percentage gain since Monday, Dec. 9, 2024 --Largest two-day point and percentage gain since Tuesday, Dec. 3 ...
All these market indicators point to stocks struggling during Trump's presidency
On his first day in office, President-elect Donald Trump is likely to confront a U.S. stock market that is more overvalued than on any other Inauguration Day in U.S. history.
Uber Is the Premier Demand Aggregator That Shouldn’t Be Left Behind
Uber had approximately $6 billion of cash and approximately $11 billion of debt on its balance sheet of which $500 million is near-term debt tied to the partial redemption of 2027 senior notes. The ...
Morningstar56m
Stock market's December performance in balance as 'Santa Claus rally' begins
It's all on Santa's shoulders. 2024 has been a stellar year for the S&P 500 SPX - but no thanks to December, which is in danger of bucking its history as one of the best months of the year for stocks.
Morningstar1h
Toronto Stocks Rise; Slate Office REIT Up on Management Changes, Name Change
Toronto-listed stocks were slightly higher Tuesday midday ahead of Christmas. Most sectors were pushing higher, led by energy, manufacturing and process industries. Of the few decliners, consumer ...
'She has two financially stable children': Does it make sense for my wealthy mother, a recent widow, to take out a $100,000 life-insurance policy?
My recently widowed mother asked me if I think we should get a life-insurance policy (it was fresh on her mind as we handled everything for Dad). She is 72, in great health, and independently wealthy.
'I worked hard for my savings': I'm 71 and a retired teacher. I want to give my kids money - but my daughter spends lavishly and my son is wealthy.
Give each child an equal amount and allow them to make their own mistakes. If you don't trust your daughter to spend the money wisely, have a separate conversation with each child about their needs, ...
Nymex Overview: Crude, Products Seeing Gains Ahead of the Holiday — OPIS
The gains come despite the dollar hovering near the year's high against a basket of foreign currencies on the U.S. Dollar Index. A stronger greenback makes dollar-denominated energy contracts more ...