Underneath the impressive market rally is a trend that doesn't seem quite right, according to J.P. Morgan.Marketsread more
Tesla is working on new battery cell designs, and a way to make their own cells, with R&D teams in a lab near its car plant in Fremont, California.Technologyread more
The Federal Reserve and the market are miles apart on interest rate expectations, and the disparity could cost the stock market a 7%-10% drop, economists say.Economyread more
Something unusual is happening in financial markets and it could mean more gains lie ahead for stocks, if history is any indication.Marketsread more
JP Morgan's Jamie Dimon says student lending "is a disgrace and it's hurting America."Economyread more
Online home goods retailer Wayfair sold roughly 1,600 mattresses and 100 bunk beds to Baptist Child and Family Services, a nonprofit that works as a federal contractor...Retailread more
The Senate will try to reconcile its emergency border aid plan with one passed by Nancy Pelosi and House Democrats.Politicsread more
During the foreclosure crisis, investors transformed the single-family home rental market into a formally managed asset class. Now they want new homes.Real Estateread more
Bitcoin topped the $13,000 level Wednesday, rallying to its highest price since January 2018.Bitcoinread more
Lenders including J.P. Morgan Chase and Bank of America are widely expected to increase dividends this week.Financeread more
The president raised $6 million alone at a fundraiser he attended at the Trump International Hotel on Tuesday in Washington.Politicsread more
Shares of Kandi Technologies Group rocketed as much as 40 percent Wednesday after the Chinese electric car maker announced it has received approval to import two of its cars to the United States.
The National Highway Traffic Safety Administration approved Kandi to ship its Model EX3 and Model K22 cars to the U.S.
"With this, we are confident in introducing our reliable vehicles to the American public," CEO Hu Xiaoming said in a statement. "We believe both the EX3 and K22 are competitive in price and quality with advanced tech features that are in demand by American consumers."
While the two cars are all electric, Kandi is not a "pure play" electric auto maker like Tesla or Nio. Kandi Technologies is the joint venture of Kandi Vehicles and Geely Group, which is one of China's largest automakers.
Kandi shares have risen more than 120 percent in the past year and hit a 52-week high on Wednesday of $8.53 a share. The stock closed up 34.3 percent at $7.98 a share.