Detroit auto stocks jump on report of tariff relief for U.S. vehicles

Stocks for General Motors, Ford Motor and Chrysler parent Stellantis shifted from trading level or down to up roughly 2% to 4% on the report from Reuters....

Tesla, GM lead record U.S. EV sales this year as federal incentives end

New data provided to CNBC from Motor Intelligence shows sales of EVs topped 1 million units through the first nine months of the year....

Walmart-backed fintech OnePay is bringing crypto to its banking app, sources say

The move shows that OnePay, founded by Walmart and venture firm Ribbit Capital in 2021, sees crypto as a core offering as it builds out its "everything app."...

Why vinyl records like Taylor Swift's 'The Life of a Showgirl' are protected from tariffs

Vinyl records, CDs and cassettes escape U.S. tariffs thanks to a Cold War-era exemption, keeping prices stable for fans....

The wealth of the top 1% reaches a record $52 trillion

All wealth groups saw gains over the past year, according to recent Fed data. But the growth has been fastest for those at the very top. ...

Property tech 'winter' is over, but climate investment is still struggling, says Fifth Wall CEO

Higher interest rates, a capital market retraction and a push by almost all venture capital into AI collectively hit property tech hard....

Elon Musk is telling his followers to cancel Netflix subscriptions. Here's what's happening

Elon Musk this week urged his followers to cancel their Netflix subscriptions over a controversy surrounding an animated show and its creator....

Ultra-wealthy millennials and Gen Zers to displace baby boomers by 2040

The ranks of the world's wealthy are shifting thanks to tech wealth, social media and earlier inheritances....

Government shutdown means opportune timing for Neptune Flood IPO

Neptune Insurance, the nation's largest private flood insurance, goes public on the New York Stock Exchange Wednesday....

Record EV sales lead GM, Ford to 8% increases in Q3 U.S. auto sales

EV sales during the third quarter are expected to be a record, ahead of federal incentives of up to $7,500 ending in September....