Uber announced Monday it's taking part in a $335 million funding round in the scooter company. The deal appears to be a win-win: Lime wants the mapping platform that Uber provides, and Uber wants to avoid losing its customers to scooter-sharing. Cheddar’s Hope King gives us the details.
For the full segment, [click here.](https://cheddar.com/videos/scooter-wars-heat-up-why-lime-thinks-its-poised-to-win)
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.