The Inflation Reduction Act was a key piece of legislation passed by the U.S. Congress in 2022. A senator is now working to delay one of the key pieces of the legislation, in a move that could be a conflict of interest.
Fisker Inc (NYSE: FSR) shares are trading lower by 8.70% to $7.35 going into the close of Friday's session. Shares of EV companies are trading lower during Friday's session after Tesla cut prices in the US and Europe. Lower Tesla prices could raise competition for other EV makers.
Major Wall Street indices closed in the green on Wednesday as optimism over a decline in inflation gained momentum ahead of the release of consumer price index data on Thursday. The Nasdaq Composite closed 1