Rivian stock plunges after news of Amazon-Stellantis deal
Stellantis has already sold tens of thousands of vehicles to Amazon. Now more will be going to Amazon, which will provide cloud services to the automaker.
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Mortgage rates hit 9-month high, and loan demand drops further
Mortgage rates moved significantly higher over the holidays, and that caused mortgage demand to drop.
CDC declines to add Covid testing recommendation to updated isolation guidance despite criticism
The updated guidance comes after the CDC faced criticism last week for shortening its recommended isolation period without asking for people to get tested.
Fauci says multiple preliminary studies find omicron is less severe than delta
White House chief medical advisor Dr. Anthony Fauci said preliminary data indicates omicron is less severe than delta.
Ghislaine Maxwell lawyers seek new trial after juror tells media he was sexually abused
The conviction of Ghislaine Maxwell for abetting the abuse of underage girls by Jeffrey Epstein could be in peril because of a juror's media interviews.
California finds PG&E equipment responsible for massive Dixie Fire
California investigators said their investigation determined the Dixie Fire was sparked by a tree that fell on distribution lines owned by PG&E.
Amazon was the worst-performing FAANG stock of 2021 — here's why
Amazon's stock climbed a meager 2.4% in 2021, vastly underperforming its Big Tech peers.
Roku tumbles 12% after analyst says competition from Amazon, Google is stunting user growth
Roku shares dropped 12% on Wednesday, falling to their lowest price since October 2020.
GM unveils new electric Chevrolet Silverado priced at $39,900 for work truck to $105,000 for luxury model
GM will initially sell a $39,900 work truck version of the pickup in spring 2023, followed by a fully loaded $105,000 RST limited first edition model that fall.
Treasury yield tops 1.70% as rates continue to spike to start 2022
The benchmark 10-year Treasury note yield ticked higher on Wednesday after the Federal Reserve released a summary of its key December meeting.
Sen. Warren and Rep. Jayapal tell Google to stop trying to 'bully' DOJ antitrust chief into recusal
Google previously requested the DOJ review whether Kanter should be recused from cases and investigations involving its business based on his past work.
Drugstores struggle to keep Covid at-home tests in stock as omicron rages across U.S.
There is a "tsunami of demand" for Covid tests as businesses prepare for the Biden's administration vaccine and testing mandates and omicron surges.
KFC to launch plant-based fried chicken made with Beyond Meat nationwide
KFC restaurants nationwide will add Beyond Meat's plant-based chicken to their menus, starting Monday for a limited time.
Walmart and FedEx sign deals with GM for thousands of new BrightDrop electric vans
Walmart and FedEx plan to add thousands of electric delivery vans produced by GM to their massive vehicle fleets in the coming years.
Ford's 2021 sales fall 6.8%, but automaker ends with strong fourth quarter
The U.S. automotive industry sold 15.1 million vehicles in 2021 despite major supply chain disruptions and the lingering impact of the coronavirus pandemic.
Cathie Wood and China — ETF experts on whether these underperformers could make a 2022 comeback
Cathie Wood's Ark Invest and Chinese stocks were two 2021 underperformers, but they could present a buying opportunity.
Novak Djokovic's vaccine exemption entry into Australia delayed due to visa issues
Novak Djokovic's entry into Australia on a vaccine exemption has been delayed due to issues with the visa he and his team submitted.
Private job growth totals 807,000 in December, more than doubling expectations, ADP says
Private job growth totaled 807,000 for the month, well ahead of the Dow Jones estimate for 375,000 and the November gain of 505,000.
Here are your best money moves before interest rates rise
Here are some ways to prepare your portfolio for rising rates.
Tesla rival Lucid plans to launch in Europe this year
Lucid has announced that it plans to start expanding into European markets this year as demand for electric vehicles soars.
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