Uber and Lyft Unlikely to Meet Profitability Targets
Ride-share companies Lyft, Inc. (LYFT) and Uber Technologies, Inc. (UBER) have been pummeled in recent weeks, dumping these volatile issues…
Business News
Bank of England Cuts Rates to Stem Coronavirus Crisis
The Bank of England has cut interest rates by 50 basis points to 0.25% as it anticipates "an economic shock that…
Automobile Industry Average Financial Ratios
The automotive industry consists of many companies that span the globe, with a total value of $2.7 trillion. The industry…
Average Daily Rate (ADR): Definition, Calculation, Examples
What Is the Average Daily Rate (ADR)? The average daily rate (ADR) is a metric widely used in the hospitality…
What Type of Bond Is a Senior Note and How Does It Work?
What Is a Senior Note? A senior note is a type of bond that takes precedence over other debts in…
Semivariance Definition
What Is a Semivariance? Semivariance is a measurement of data that can be used to estimate the potential downside risk…
What They Are, Why Countries Hold Them
What Are Foreign Exchange Reserves? Foreign exchange reserves are assets held on reserve by a central bank in foreign currencies.…
Lender of Last Resort Definition
What Is Lender of Last Resort? A lender of last resort (LoR) is an institution, usually a country's central bankthat…
Dirty Float
What Is a Dirty Float? A dirty float is a floating exchange rate where a country's central bank occasionally intervenes to change…
Tesla Rebounds as Analysts Weigh Oil and Virus Impact
Tesla, Inc. (TSLA) shares rose more than 4% during Tuesday's session as analysts debate the impact of lower oil prices…