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Tag: financial markets and investing

Rivian shares rise, despite larger than expected loss

Post author By mangakiko
Post date May 12, 2022
No Comments on Rivian shares rise, despite larger than expected loss

New York CNN Business — Electric truck maker Rivian delivered some much needed assurance to Wall Street Wednesday, even as it reported a larger than expected first quarter loss. The company said that it had 7,000 new orders for its R1 electric pickup in the last two months, bringing total net orders up to 90,000 […]

Tags banking, Business, economy and trade, finance and investments, financial markets and investing, financing and stock offering, securities trading, stock markets, wall street

Economy

Gas prices jump to fresh record highs

Post author By mangakiko
Post date May 11, 2022
No Comments on Gas prices jump to fresh record highs

New York CNN Business — In another blow to the US economy, prices at the pump soared to fresh record highs. The national average price for regular gasoline climbed more than four cents on Tuesday to $4.37 a gallon, according to AAA. That takes out the previous record of $4.33 set on March 11. The […]