Losses

Wall Street Skittish as Stocks Face Fourth Day of Losses: Live Updates

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Wall Street Skittish as Stocks Face Fourth Day of Losses: Live Updates

Here’s what you need to know: A steel mill in Hefei, China. In the past few weeks, expectations of a global economic recovery have pushed the price of iron ore, a key ingredient, higher, despite futures falling on Thursday.Recognition…Jianan Yu / Reuters US stocks were expected to fall when trading starts Thursday as investors continue … Read more

Uber Shows Signs of Recovery Even as Losses Continue: Live Updates

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Uber Shows Signs of Recovery Even as Losses Continue: Live Updates

Here’s what you need to know: Although it is recovering, Uber is still losing money. Credit…Teresa Eng for The New York Times Uber said its business was recovering from the slowdown caused by the pandemic, although it continued to lose money. The company said on Wednesday that revenue was $2.9 billion in the first three months … Read more