Amazon plans to launch a new section on its site dedicated to low-priced fashion and lifestyle items that will allow Chinese sellers to ship directly to U.S. consumers, CNBC has learned.…
Volkswagen plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an initial investment of $1 billion. The additional $4 billion is expected by 2026. It includes plans…
Editor's Pick
The ‘funflation’ effect: Why Americans are spending on travel and entertainment
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Even while carrying $1.13 trillion in credit card debt, many Americans are still willing to splurge on travel and entertainment. But this summer it will cost even more thanks to “funflation,” a term…
Amazon shares climbed more than 3% in intraday trading on Wednesday, pushing the company’s market cap past $2 trillion for the first time. In crossing the milestone, Amazon join Nvidia, Apple,…
Economy
Trump-era China sanctions ended by Biden may be revived under new House GOP bill
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Top House Republicans are leading a bill to reverse the Biden administration’s decision to lift sanctions on a Chinese entity linked to the persecution of Uyghurs. The legislation targeting the…
Economy
Trump says he has UFO files – will he be asked about it at debate? ‘Inject UAP into…elections,’ institute says
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Former President Trump admitted he has UFO files ahead of Thursday’s showdown with President Biden. But would he release them to the public? That’s the question fueling the ‘#DisclosureDebate’ social…
Economy
Black Republican calls out Biden’s ‘real record on race’ in six-figure ad buy to air during CNN debate
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A key Republican lawmaker spearheading former President Trump’s outreach to Black voters will debut a six-figure ad buy calling out what he describes as President Biden’s ‘real record on race’…
Economy
House hearing exposes Biden FDA ‘politicization,’ fallout of rushed COVID vaccine approval for kids, military
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A House Judiciary subcommittee hearing Wednesday addressing the ‘politicization’ of the U.S. Food and Drug Administration (FDA) during the pandemic exposed how the Biden administration allegedly pressured medical professionals to…
Economy
Axios omits crucial details about economists who say Trump will destroy the economy
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A letter signed by 16 top economists warning of the economic dangers of electing former President Trump, which is being amplified by the Biden campaign and other Biden surrogates, is…
In this edition of StockCharts TV‘s The Final Bar, Dave recaps Wednesday’s late-stage rally for the S&P 500. He analyzes the charts of FDX, TSLA, RIVN, AMZN, and GLW, and reviews what…