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Stock-market investors should still brace for ’70s-style ‘stagflation,’ warn strategists

Investors have put aside fears of a 1970s-style bout of stagflation — but that may be premature, say quantitative strategists at J.P. Morgan.

Rivian’s stock tanks after EV maker expects flat production for the year

Rivian Automotive Inc.’s stock fell about 15% after hours Wednesday after the EV maker posted a larger-than-expected quarterly loss and guided for producing slightly fewer vehicles this year than it did in 2023.

Why Apple’s new Sports app could be bad news for Google

One expert said Apple’s Sports app might eventually be part of the built-in apps for iPhones, like Maps and Notes

Etsy’s stock is dropping on earnings miss, slow start to fiscal year

Etsy Inc.’s stock initially fell 8% in extended trading Wednesday after the company posted a quarterly earnings miss and warned of a soft beginning to its fiscal year.

Lucid’s stock drops nearly 5% as losses mount for the EV startup

Lucid Group Inc. shares fell nearly 5% in the extended session Wednesday after the EV maker reported a mixed fourth quarter, with revenue below Wall Street estimates, and production guidance also disappointed.

Ether is likely to hit a record high this year. Here’s why.

A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.

You can save $1,650 over the next decade by making this change to your coffee order

Americans love a good mocha, but a latte remains the cheaper option

Fed officials more worried about cutting rates too fast than moving too slow, minutes show

Federal Reserve officials expressed concern that progress on inflation might stall, minutes from the central bank’s January meeting show.

IRS to crack down on corporate-jet perk with audits to catch companies ‘flying under the radar’

The tax agency is concerned too many companies and their C-suite executives are mixing business and pleasure by using company-jet flights for personal reasons.

Bank of America CEO flags tug-of-war between inflation and higher wages but says consumers are still spending

Chief Executive Brian Moynihan is ‘not worried’ about competition from proposed credit-card merger but admits ‘concern’ over regional banks’ exposure to commercial real estate.

Intuitive Machines’ stock takes a dive the day before planned moon landing

Intuitive Machines’ stock reversed course to trade lower in very active trading Wednesday, a day before the much-anticipated moon landing of the space-exploration company’s commercial probe.

Do you qualify for student-loan relief this round? How to check and apply.

The Biden administration announced it would be canceling $1.2 billion in debt for 153,000 borrowers
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