• Aug 16, 2024

Uber Raised to Investment-Grade by S&P on Earnings Growth

(Bloomberg) -- S&P Global Ratings upgraded Uber Technologies Inc.’s credit ratings to investment-grade status on Friday, citing the ride-hailing and food-delivery company’s consistent earnings growth.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Publ

  • Aug 16, 2024

FACT FOCUS: A look at Harris' economic agenda

The Democratic presidential nominee laid out plans including a proposal for a federal ban on what she called price gouging on groceries, as well as $25,000 in down payment help for certain first-time homebuyers and tax incentives for builders of starter homes. ... And you know, economists have done the math.

  • Aug 16, 2024

Tech Rally Propels Emerging Stocks to Best Week in Four Months

(Bloomberg) -- Emerging-market stocks rallied as traders grew optimistic that the US economy will be able to avoid a recession while expecting the Federal Reserve to start cutting interest rates next month, which should provide a fresh boost to risk assets.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for So