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Author: TraderPlanet TraderPlanet

NYC extends cap on new ride-hail licenses

NEW YORK (AP) — A moratorium on most new licenses for Uber, Lyft and other for-hire vehicles that had been due to expire will instead be extended, New York City Mayor Bill de Blasio announced Wednesday. The expansion of last...

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How major US stock indexes fared Wednesday

Stocks ended modestly lower for the second straight day Wednesday, dragged down by losses in technology companies and banks. Energy companies also fell on Wall Street as the price of U.S. crude oil sank 4%. Investors shifted...

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