The Fed May Give Trump His Rate Cut, But It Won't Help

The Fed May Give Trump His Rate Cut, But It Won't Help

Investors are in a buying mood despite many economic warning signs. Why? For some, it’s because they expect the Federal Reserve to cut interest rates and otherwise “stimulate” the economy. They believe (correctly) it would drive stock and real estate prices …
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Dott Raises $34M As The Scooter Industry Reckons With Its Own Success

Morning Markets: A European startup wants to change the scooter game. Given what we’ve learned recently about the industry, does that seem possible? Subscribe to the Crunchbase Daily. Happy Friday and welcome to the end of the week. Let’s wrap on …
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UK competition regulator puts brake on Amazon's Deliveroo deal

(Reuters) – Britain’s competition regulator has stepped in to pause Amazon’s (AMZN.O) deal with online food delivery group Deliveroo while it considers launching a full investigation. Amazon led a $575 million fundraising in Deliveroo in May, making what the …
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United Apologizes After Mother Says Airlines Put Son on Wrong International Flight

It was a harrowing ordeal for a North Carolina couple. Their 14-year-old, who was traveling alone to Stockholm, Sweden, was put on the wrong connecting flight headed to Germany on Sunday at Newark Liberty International Airport, the teen’s mother says.
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Lotus' first electric hypercar finally has a name

The Goodwood Festival of Speed is shaping up to be a big moment for Lotus. The company is finally taking “some” of the wraps off of its first major model launch — and its first electric hypercar — under the new ownership of Geely. And now, one day before …
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