Cruise will offer its autonomous vehicles on Uber’s platform starting next year, the companies said on Thursday, as the General Motors-backed robotaxi firm attempts a comeback. The multi-year partnership will allow Uber riders to choose a trip using a Cruise autonomous vehicle, they said. Shares of GM rose 1.3% in extended trading, while Uber fell 1.5%.…

The yen has been a relatively popular topic of discussion lately. Much is being said about the yen carry trade (where firms borrow money at near-zero rates in Japan and invest it into higher rate markets) which is estimated at $4 trillion. The magnitude of this carry trade means that…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseJake Sullivan will make his first visit to China as US national security adviser next week for talks with foreign minister Wang Yi as part of the “strategic channel”…

Kamala Harris promised Americans a future that neither Donald Trump nor Joe Biden could deliver, showing how profoundly she has changed the 2024 election. The first Black woman to claim a major party nomination on Thursday styled her “unlikely journey” to the Democratic nod as the springboard to lift the…

Democratic presidential nominee Kamala Harris is working hard to win the support of older voters, but what would she do to address their many concerns if she is elected president? In a campaign that has not yet shown many of its policy cards, Harris has offered only the roughest sketch…

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Self-driving technology company WeRide delayed its plan for an initial public offering in the U.S., citing its need for more time to complete documents.”Updating transaction documents is currently taking longer than expected, and WeRide is working to complete the documentation necessary to move forward with the transaction,” the company said…

Check out the companies making headlines in premarket trading. Crocs — The footwear stock ticked up more than 1% after an upgrade to buy from hold at Williams Trading. The investment firm said Crocs’ move to sign actress Sydney Sweeney as a spokesperson for its Heydude brand could help reverse…

Walmart is hoping Burger King will give its subscription program a whopper of an advantage over Amazon. The retailer is partnering with the fast-food chain to give members of its $98-a-year subscription program, Walmart+, a 25% discount on Burger King orders every day and free Whoppers every three months, both…

Introduction I get surprised that whenever I talk to someone about investing, very few know about Real Estate Investment Trusts or Business Development Companies. But maybe that’s just in my circle of friends, which so happens to be very small. If you’re an income investor, I think these two sectors…