Rivian CEO RJ Scaringe gave CNBC an early peek of the R2
All-electric vehicle maker Rivian is dealing with a lot: the end of federal support for EVs, a surge in hybrid vehicle sales and a rate of cash burn that still alarms investors, among other things. The company also has relatively low production and delivery numbers, but Rivian CEO RJ Scaringe Continue Reading
Here’s the breakdown of U.S. borrowers
An aerial view of homes in San Francisco, Aug. 27, 2025. Justin Sullivan | Getty Images The share of U.S. homeowners with high rates on their mortgages has jumped sharply in just the last few years. That’s having a marked impact on the refinance market and a somewhat more muted Continue Reading
ADP jobs report January 2026:
A ‘help wanted’ sign is displayed in a business’s window in Manhattan on January 09, 2026, in New York City. Spencer Platt | Getty Images The U.S. labor market barely budged in January, with hiring below even muted expectations, according to a report Wednesday from payrolls processing firm ADP. Private Continue Reading
Uber (UBER) 2025 Q4 earnings
Uber reported better-than-expected revenue in its fourth-quarter earnings report on Wednesday. Shares sank premarket after the release. Here’s how the company did versus LSEG consensus estimates for the period ended in December: Earnings per share: 71 cents adjusted Revenue: $14.37 billion vs. $14.32 billion estimated Revenue increased from $12 billion Continue Reading
Yum Brands (YUM) Q4 2025 earnings
A customer enters a Taco Bell restaurant in El Cerrito, California, US, on Tuesday, April 29, 2025. David Paul Morris | Bloomberg | Getty Images Yum Brands on Wednesday reported mixed quarterly results, despite strong demand for Taco Bell. Here’s what the company reported for the period ended Dec. 31 Continue Reading
Eli Lilly (LLY) earnings Q4 2025
Eli Lilly and Company’s logo is displayed during a press conference in Houston, Texas, U.S., Sept. 23, 2025. Antranik Tavitian | Reuters Eli Lilly on Wednesday posted fourth-quarter earnings and revenue and 2026 guidance that blew past estimates, as demand for its blockbuster weight loss drug Zepbound and diabetes treatment Continue Reading
Rough winter weather hits homebuyers, tanking mortgage demand
People dig out their cars parked along Lancaster St. during a winter storm on Monday, Jan. 26, 2026 in Albany, N.Y. Lori Van Buren | Albany Times Union | Getty Images The harsh winter storm hitting much of the country over the holiday weekend took its toll on the mortgage Continue Reading
New York AG warns about prediction market risks ahead of Super Bowl
New York Attorney General Letitia James speaks to the media, after she attended a hearing and pleaded not guilty to charges that she defrauded her mortgage lender, outside the U.S. District Court for the Eastern District of Virginia, in Norfolk, Virginia, U.S., Oct. 24, 2025. Jonathan Ernst | Reuters Days Continue Reading
China ramps up threats over Panama Canal CK Hutchison ruling
A cargo ship transits through Panama Canal Cocoli locks in Panama City on February 21, 2025. Martin Bernetti | Afp | Getty Images The Chinese government has condemned a ruling from Panama’s top court, warning the Central American country “will inevitably pay a heavy price” unless it changes course. The Continue Reading