The summer driving season has just begun, but gasoline prices at the pump may be ready to drop following steep declines in the price of crude oil. In a report released Thursday, motorist and leisure travel group AAA said drivers may have already seen the highest prices of the yearRead More →

A period of relative placidity in global markets has come to a screeching halt amid President Donald Trump’s elevated, and surprising, truculence on China tariffs, prompting strategists at Goldman Sachs to increase in their forecast the chances for an escalation of international trade tensions. Although the strategists believe there isRead More →

Uber Technologies dropped its offering prospectus late Thursday as it prepares for an initial public offering in May. The one number it hopes potential investors will notice is revenue growth, which was up 42% last year to $11.3 billion from $7.9 billion in 2017. That’s probably enough for the growth-at-any-priceRead More →

Uber Technologies Inc. officially filed for an initial public offering with the Securities and Exchange Commission on Thursday afternoon, setting up one of the most anticipated Silicon Valley IPOs since Facebook Inc. FB, -0.17%   Uber did not list a targeted price for shares, putting in a placeholder target ofRead More →