Rivian Automotive Inc. said late Wednesday it has bought a Swedish mapping company to help its EV owners to plan routes and find charging stations along the way.

Investors seem to be feeling the Walt Disney Co. magic less and less these days, according to an analyst.

Intel tells Wall Street analysts that the first customer for its foundry business will likely be announced in the second half of this year.

No. 1 NBA draft pick Victor Wembanyama will make an estimated $54 million from his rookie contract.

Atlanta Fed President Raphael Bostic on Wednesday said his baseline view is that the central bank’s holds interest rates steady for the rest of the year.

Deutsche Bank expects the Federal Reserve’s favorite inflation gauge to fall further than the central bank thinks by year-end.

Wednesday’s top personal finance stories.

The S&P 500 is set to log its third-straight daily drop on Wednesday, its first such losing streak since May 4, according to FactSet data, but that doesn’t mean the index’s “bullish breakout” is canceled. More likely, it’s just getting started.

“The recent stock moves reflect the difficulty for investors trying to evaluate a one-of-a-kind company,” says Micah Walter-Range of Caelus Partners.

Low-income households and households of color are especially affected.