Tesla CEO Elon Musk sold about 22 million more shares in his electric vehicle business worth around $3.6 billion, according to a financial filing out Wednesday

Amid signs that price growth in the U.S. economy is rapidly cooling, the Federal Reserve announced Wednesday it was slowing the pace of its rate-hiking program

Twitter has suspended an account that tracked CEO Elon Musk’s private jet — just one month after Musk himself said he’d allow the account to stay put.

Stellantis is recalling about 1.4 million pickup trucks worldwide because the tailgates may not close completely and cargo could spill onto the road.

The Securities and Exchange Commission has charged seven social media influencers with securities fraud, saying Wednesday that they were part of a $100 million

Waffle-maker company Eggo has been fined $85,000 after being convicted of negligently releasing toxic ammonia from a factory in San Jose, California,

Sam Bankman-Fried, the disgraced co-founder of cryptocurrency giant FTX, is now behind bars in the Bahamas facing eight criminal counts, including conspiracy to defraud investors, lenders and the U.S. government. NBC’s Stephanie Gosk reports for TODAY.

The inflation rate is down to 7.1%, a drop of 2% since hitting the highest rate in 40 years back in June. In an effort to continue the trend of slowed inflation, the Federal Reserve is expected to announce yet another interest rate hike on Wednesday. NBC’s Brian Cheung reports for TODAY.

Sam Bankman-Fried, the former CEO of cryptocurrency giant FTX, defrauded investors by funneling money into his private hedge fund and conspired to commit wire fraud against his customers and lenders, according to criminal charges filed in New York and charges by the U.S. Securities and Exchange Commission.

The Inflation Reduction Act puts electric vehicles within closer reach for middle-income buyers, but more incentives and selection aren’t expected until 2024.