Rivian stock plummets as Ford unloads 8 million shares of EV start-up
A stock lockup period for company insiders and early investors such as Ford expired Sunday.
A stock lockup period for company insiders and early investors such as Ford expired Sunday.
Lordstown hopes to start production of its electric truck this fall, but even if a lifeline deal with Foxconn closes next week, it'll need more...
Total mortgage application volume rose 2.5% for the week ended April 29 compared with the previous week, according to the MBA's seasonally adjusted index.
Private payrolls increased by just 247,000 for the month, well below the 390,000 Dow Jones estimate.
Wednesday's rate hike will push the federal funds rate to a range of 0.75%-1%.
Worker productivity fell to start 2022 at its fastest pace in nearly 75 years while labor costs soared.
The changes would tailor the Community Reinvestment Act's approach to making sure banks are not engaging in "redlining."
The level of workers who retired then came back a year later is running around 3.2%, just about where it was before the pandemic.
Nonfarm payrolls grew by 428,000 for the month, a bit above the Dow Jones estimate of 400,000. The unemployment rate was 3.6%.