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Why Uber And Lyft Shares Are Diving

Uber Technologies Inc (NYSE: UBER) and LYFT Inc (NASDAQ: LYFT) shares are trading lower by 4.59% to $29.07 and 6.18% to $14.96, respectively, Thursday morning amid possible recession fears, which could cause con

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10 Things That Didn’t Exist Last Time Interest Rates Were This High

This afternoon, the FOMC is expected to announce a 75-basis point (BPS) rate hike, bringing federal fund rates to the 300-325 BPS range. This means interest rates will be between 3-3.25% for the first time since before the financial crisis in 2007-2008. More specifically, the Fed began cutting rates in September 2007, bringing rates to 3% by January 2008.

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