A company press release Tuesday that erroneously projected a measure of earnings margin to expand by 500 basis points (bps). In reality, Lyft expects margins to grow by 50 bps.

The deficit for the first four months of FY2024 reached $532 billion, driven by a 37% jump in interest costs vs. FY2023.

One $95 billion asset manager is bracing for bond yields to gyrate and for high borrowing costs to weigh on corporate earnings.

Startups will need to avoid stumbles because "you want to be putting yourself out there as a good, sophisticated and responsible founder," Fenwick & West partner Jonathan Sagot said.