Jefferies double downgrades Etsy, sees stock tumbling 25% as consumer spending slows
Etsy is having to spend more on marketing as the buyer churn rate goes up, the Wall Street firm said.
Fatal Tesla collision with firetruck under federal investigation
Federal vehicle safety regulators initiated a crash investigation into a fatal collision that involved a Tesla Model S sedan and a firetruck in California.
Senate panel advances Eric Garcetti’s nomination for ambassador to India
The 13-8 vote sends Garcetti to the full Senate, where he needs a majority to be confirmed. Senators have questioned his handling of sexual harassment claims.
Comedian sues Ocasio-Cortez for blocking him on Twitter after he catcalled her outside U.S. Capitol
A suit against Rep. Alexandria Ocasio-Cortez for blocking a provocateur on Twitter cites a federal appeals court ruling against Donald Trump in a similar case.
These stocks are winning even as Fed hikes rates — and Wall Street sees the gains continuing
CNBC screened for some of the stocks that can continue to gain even as the Fed continues with interest rate hikes.
How ETFs are expediting bond market modernization
Despite equities having long transitioned to electronic trading, over-the-counter trading remains common in the bond market. Bond ETFs are changing that.
Relativity postpones first launch attempt of 3D-printed rocket Terran 1
Relativity postponed the attempt, stopping just short of the most significant test yet of its ambitious manufacturing approach.
Louisville police use excessive force, invalid warrants and discriminatory stops, DOJ review finds
The review, conducted by the Justice Department’s Civil Rights Division, follows the 2020 shooting death of Breonna Taylor in a botched police raid.
Supreme Court Justice Barrett could be swing vote on Biden student loan forgiveness plan
President Joe Biden’s plan to forgive $400 billon in student loan debt is at risk in the Supreme Court. Justice Amy Coney Barrett might be the one to save it.
Biden proposes stricter limits on toxic wastewater from coal plants
The proposal comes after the Trump administration weakened regulations that required coal plants to treat polluted wastewater with modern filtration methods.
