Markets

Uber is doubling down on its delivery business as the ridesharing platform’s gross delivery booking revenue surged 130 percent to $10.1 billion in the fourth quarter, while its gross mobility booking revenue declined 47 percent to $6.78 billion. 

CEO Tim Vanderhook and COO Chris Vanderhook break down their company’s operations and algorithm.

FOX Business’ Gerri Willis on whether the New York Stock Exchange will leave NYC due to a possible tax on trading.

The Wall Street Journal columnist Bill McGurn discusses the New York Stock Exchange possibly leaving NYC and why this could happen due to the ‘digital revolution’ in the financial industry.

Barron’s senior writer Allen Root and Kelley Blue Book senior managing editor Matt DeLorenzo discuss the impact of the microchip shortage on the auto industry and electric vehicle resale value.

Federal Reserve Chairman Jerome Powell warned the U.S. labor market remains fragile.

CB1 Capital Management founding partner Todd Harrison discusses market spike in cannabis stock.

Other large companies are unlikely to follow Tesla Inc. into the world of bitcoin investing, according to J.P. Morgan.

Federal Reserve Chair Powell warned the U.S. job market is fragile and the employment picture is worse than at the worst point of the Great Recession.

Car companies are debating whether or not Tesla CEO Elon Musk has set off a new trend of buying bitcoin. FOX Business’ Susan Li with more.

Former NFL quarterback Colin Kaepernick plans to raise $250 million for a special purpose acquisition company focused on racial equality and social justice issues.

Corsair Gaming founder and CEO Andy Paul discusses growth in the gaming market.

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