David McCabe, Tech Reporter at Axios, discusses the battle between Uber and Lyft bidding for bikesharing company Motivate, which owns Citi Bike and Ford GoBike.
For full interview, [click here](https://cheddar.com/videos/uber-and-lyft-battle-for-bikeshare).
The U.S. economy surprisingly accelerated to a 2.4% annual growth rate from April through June, showing continued resilience in the face of steadily higher interest rates resulting from the Federal Reserve’s 16-month-long fight to bring down inflation.