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Rivian said that the money will go toward factory expansion, as well as improvements in public infrastructure and job training for its workforce as the plant.

Shares of Avis Budget Group Inc. rocketed Thursday, bouncing from a three-year low, after the car-rental company reported first-quarter revenue that beat expectations for the first time in a year as what it called continued robust travel demand led to record rental volume.

One of Wall Street’s oldest adages — “sell in May and go away” — has tempted stock-market investors into dumping equities this month and returning to the market in November. The opposite of this seasonal pattern exists in the U.S. government-debt market.

Failed rallies, oil-price weakness and strong sell-signals.

Sony Pictures and Apollo Global Management Inc. have submitted a $26 billion cash offer for Paramount Global.

Options traders continue to price in the decent possibility of another Fed rate hike, despite Jerome Powell calling such a move ‘unlikely.’

Gold is not considered a respectable investment in polite circles, but maybe it should be.

Wall Street lavished praise on Carvana Co.’s “epic turnaround” on Thursday following a surprise quarterly profit for the used-car retailer, which not too long ago had skirted close to bankruptcy.

Biden has enjoyed a fundraising edge, but Trump has the lead in swing-state polls.

Scattered signs of a slowdown in hiring suggest the April employment report could be a softer one, but Wall Street isn’t betting on it. Economists predict another large increase.

The 30-year fixed-rate mortgage rose and averaged 7.22% as of May 2, according to data released by Freddie Mac on Thursday.

Shell committed to a $3.5 billion share-buyback program after it beat expectations.