Photo of Rivian Founder and CEO RJ Scaringe

Electric Vehicle Startup Rivian Gets $2.5B in Added Funding

DETROIT — Electric vehicle startup Rivian says it has raised another $2.5 billion in funding from accounts advised by investment firm T. Rowe Price. In April of 2019, Ford invested a half-billion dollars into Rivian and said the companies would work jointly...
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US Durable Goods Orders Fall 1.1% in September

WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods tumbled in September by the largest amount in four months while a closely watched category that tracks business investment fell for a seco...
Photo of trader Michael Urkonis

Yes, Stocks Are Up Again. No, Recession Worries Aren’t Gone

NEW YORK — The U.S. economy is sending some worrying signals about a possible recession, yet the stock market has gone on a what-me-worry ride toward record heights. What gives? Put simply, while the stock market watches the economy, the two don't always...