Peloton shares soar 35% as turnaround plan takes hold, losses shrink
Peloton has been working to generate free cash flow and return to profitability, and has made cuts to sales and…
Category: Economy
Baidu reports slower growth in robotaxi rides
Chinese tech company Baidu is reporting slower growth in its Apollo Go robotaxi rides than in prior quarters. ...
GM-owned Cruise will partner with Uber to offer driverless rides
Uber and Cruise have agreed to a multiyear partnership with the embattled AV company planning to offer driverless rides to…
Harris says Trump ‘wants to be an autocrat’ and tyrants are ‘rooting’ for him
Leon Panetta, Rep. Elissa Slotkin and Sen. Mark Kelly castigated Republican nominee Donald Trump as a threat to American values…
A recession is coming in the U.S., and ‘a few rate cuts’ won’t prevent it, says strategist
Contrary to what many believe, investment research firm BCA Research sees that the economy is on the cusp of a…
Trump could cash out his DJT stock within weeks. Here’s what happens if he sells
Trump Media made its debut on the Nasdaq under the ticker DJT in late March, following a lengthy merger with…
Harris accepts Democratic nomination, vows to be a ‘common sense’ president who ‘unites us’
Kamala Harris is set to face Donald Trump in November's election. Her candidacy was set in motion when President Joe…
Here’s everything to expect from Fed Chair Powell’s speech Friday in Jackson Hole
For all the attention being paid to the speech, the chances of it containing any new news seem remote. ...
The Democratic playlist to nominate Harris: Lil Jon, Beyoncé, Taylor Swift, Springsteen
The Democratic National Convention's roll call playlist to nominate Vice President Kamala Harris featured Lil Jon, Beyoncé, Taylor Swift and…