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)
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.
The U.S. economy added 272,000 jobs in May, far more than expected. But that number doesn't tell the whole story. Interest rate cuts could still be on the way.
