Transportation/Shipping
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Fed’s George not ready to dismiss signals of higher inflation
Kansas City Fed President Esther George on Monday said she won’t automatically look past recent higher inflation readings. “While it…
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Flash U.S. PMI points to ‘spectacular acceleration of growth’ in May
The numbers: The flash reading of the IHS Market U.S. composite purchasing managers index rose to a record high 68.1…
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Most Uber and Lyft trips will have to transition to electric vehicles in this decade, California declares
California is the first state in the nation to require that nearly all the miles traveled by ride-hailing drivers take…
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Summers says Fed officials only need to ‘walk outside’ to know they’ve got it wrong on jobs and easy policy
Former Treasury Secretary Larry Summers on Tuesday continued his criticism of the Federal Reserve’s easy policy stance, saying officials only…
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New York factory activity stays strong in May as prices keep rising
The numbers: The Empire State Manufacturing Index slipped to a reading of 24.3 in May from 26.3 in April, which…
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2 million Americans in 18 states will lose extra unemployment benefits — here’s when it will happen
More than 2 million Americans across 18 Republican-led states are going to be cut off from enhanced federal unemployment benefits…
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Owner of Trump supporter bus asked to remove image of Queen Elizabeth II wearing a fake MAGA hat
The owners of an unofficial Donald Trump tour bus featuring a modified photograph of Queen Elizabeth II wearing a “Make…
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Opinion: Gig-work stocks are in a bear market, and the cloud is unlikely to lift soon
Gig-work stocks have had a terrible month, and the regulatory clouds that worry investors are not going away anytime soon.…
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U.S. retail gas prices top $3 a gallon for the first time in over 6 years
U.S. gasoline prices topped $3 a gallon on Wednesday for the first time in about six-and-a-half years — and it…
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Used-car prices surpassed $25,000 for the first time. Here’s how to still snag a good deal
Car salespeople are in the driver’s seat, especially in used-car dealerships where the marker is hot — and it doesn’t…
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What is the Jones Act? And why might waiving it help ease gas ‘supply crunch’?
The Biden administration said Tuesday it has begun considering a temporary waiver of the Jones Act, a key U.S. shipping…
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Is Uber disclosing enough information about its lobbying? 30% of shareholders want more
A shareholder resolution asking Uber Technologies Inc. to be more transparent about its lobbying spending failed this week, but the…
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Biden administration says no need to hoard gasoline, sees ‘supply crunch’ not a shortage
The Biden administration on Tuesday said hoarding gasoline isn’t necessary and warned gas stations against price gouging, as officials worked…
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‘I’m about to cancel all my Zoom meetings’: Companies dangle spa weekends and free meals to lure workers back to the office
Thomas Jepsen, founder of Passion Plans, a company that helps connect home buyers with architects and designers, is among the…
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‘Everything seems to go smoother when we’re together’: Companies dangle spa weekends and free meals to lure workers back to the office
Thomas Jepsen, founder of Passion Plans, a company that helps connect home buyers with architects and designers, is among the…
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‘We’ve got work to do,’ Biden says after big April jobs report miss
President Joe Biden on Friday said there’s still much to be done to get Americans back to work, as the…
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‘Everything seems to go smoother when we’re together’: Companies offer spa weekends and free meals to lure workers back to the office
Thomas Jepsen, founder of Passion Plans, a company that helps connect home buyers with architects and designers, is among the…
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Former Google energy head has her sights on filling multi-trillion-dollar gap in EV charging network
The executive instrumental in making Alphabet’s Google the largest global corporate buyer of renewable energy and the first company of…
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Opinion: Uber investors finally see the costs of treating drivers as employees, and the stock is falling
Uber Technologies Inc. has spent and fought to keep its drivers from becoming classified as employees instead of contractors, and…
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Uber shows smallest quarterly loss in its history thanks to sale of self-driving unit; delivery continues to dominate
Uber Technologies Inc.’s business continued to recover in the first quarter as COVID-19 restrictions eased, and the sale of its…
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European stocks rebound as earnings roll in, with U.S. equity futures on the rise
Stocks were pushing higher in Europe, with U.S. equity futures also pointing to gains later for Wall Street, a day…
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Lyft stock leaps as ride-hailing rebound brings more riders back
Lyft Inc. on Tuesday posted quarterly results that reflect what executives have been saying for the past couple of months:…
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Fed’s Kaplan, in interview, presses for start of discussion on tapping brakes on support for economy
Dallas Federal Reserve President Robert Kaplan on Tuesday argued again, in an interview with MarketWatch, for beginning a conversation about…
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Powell releases new Fed data showing how pandemic hit the poorest hardest
Federal Reserve Chairman Jerome Powell on Monday gave a sneak peak at new data that clearly shows how “those least…
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Top proxy advisers urge Uber investors to approve proposal seeking lobbying disclosure
The two most prominent and influential proxy advisory services in the nation are recommending that shareholders vote for a proposal…
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Lyft selling its self-driving business to Toyota subsidiary
Lyft Inc. is selling its autonomous-vehicle division to a Toyota TM, -0.94% subsidiary for $550 million in cash, calling the…
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China’s economy expanded 18.3% in first quarter
BEIJING (AP) — China’s economic growth surged to 18.3% over a year earlier in the first quarter of 2021 but…
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Uber rides recovering and delivery bookings rise 128%, but revenue misses expectations
Uber Technologies Inc. on Wednesday reported fourth-quarter results that showed a continued recovery from the effects of the coronavirus pandemic,…
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Holidaymakers face 10 years in jail for travel lies when visiting U.K.
Travelers visiting the U.K. may face 10 years in prison if they lie about where they have been, as part…
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Biden says China faces ‘extreme competition’ from U.S. under his administration
WASHINGTON (AP) — President Joe Biden says China is in for “extreme competition” from the U.S. under his administration, but…
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How Brexit is already taking its toll on the U.K. economy
With disruptions at European borders and supply chains perturbed by new tariffs, the U.K. economy has begun to show the…
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