Rivian Is Adding Self-Driving Capability To Its EVs, Starting With The R2 SUV

Rivian has announced an expansion of its hands-free driving capabilities as part of a push towards increased autonomy in its electric vehicles, aiming to enhance competitiveness against industry leader Tesla. However, this announcement comes amid a 6% decline in Rivian's stock price, reflecting investor concerns about the company's performance.

Former President Donald Trump continues to assert that there is no affordability crisis in the United States, despite rising costs for groceries, utilities, medical care, and housing, which are affecting many Americans. This stance contradicts the experiences of citizens who are increasingly burdened by inflation and escalating living expenses.

Former President Donald Trump has seen his approval rating regarding economic management drop to 36%, marking an all-time low according to a recent poll by Forbes. This decline reflects growing public dissatisfaction with economic conditions, particularly rising prices that have become a central concern for voters.

Applications for unemployment benefits surged last week, marking the most significant increase since 2020, following a period where claims had previously dropped to a three-year low. This fluctuation indicates ongoing volatility in the labor market, as recent trends suggest a complex interplay between job availability and economic conditions.

Forbes has released the 2025 Midas List Europe, ranking the top 25 venture capital investors in Europe and the Middle East, in collaboration with TrueBridge Capital Partners. This list serves as a definitive guide to the leading figures in venture capital within these regions.

Elon Musk confirmed via a post on X that reports regarding SpaceX's plans for an initial public offering (IPO) next year are accurate, following recent discussions about the company's financial strategies and market positioning. This announcement comes shortly after media speculation about the IPO's potential scale and valuation.

Indonesia's wealth among its richest individuals has surpassed $300 billion in 2025, driven by a stock market surge, with half of the tycoons on the list experiencing increased fortunes compared to the previous year. Notably, data center billionaires have ascended into the top 10 rankings.

Rivian CEO RJ Scaringe emphasized that purchasing an electric vehicle (EV) is not a political decision, noting that buyers of the R1 model are evenly divided between Republicans and Democrats. This statement highlights the growing mainstream acceptance of EVs across the political spectrum.