Luke Vargas

Yesterday, a closely watched survey from the Royal Institution of Chartered Surveyors said that a pickup isn't expected until the spring selling season, with inflation and high interest rates hurting affordability.

Meanwhile, shares in Lululemon have soared off hours after the athletic gear maker announced that CEO Calvin McDonald will be stepping down in January.

Growing competition meant net revenue in the Americas fell 2 percent last quarter, with McDonald facing pressure from Lululemon's founder to reverse its, quote, loss of cool.

And beep beep, Tesla, EV maker Rivian is beefing up its autonomous driving features to stay relevant in a tough market for its trucks and SUVs.

Chief Executive R.J.

Scaringe said that later this month, Rivian cars on 3.5 million miles of North American roads would be able to drive hands-free, up from just 135,000 miles of highway today.

And more changes are coming next year.

With EV buyers no longer eligible for large federal tax credits, analysts at Morgan Stanley say the company needs to keep pace with Tesla's self-driving product, which has been on the roads for several years.

Rivian's shares yesterday closed down 6%.

And that's it for What's News for this Friday morning.

Today's show was produced by Hattie Moyer and Daniel Bach.

Our supervising producer is Sandra Kilhoff, and I'm Luke Vargas for The Wall Street Journal.

We will be back tonight with a new show.

Otherwise, have a great weekend, and thanks for listening.

It's Fed Day.

We'll look at the divide among policymakers on the wisdom of interest rate cuts.

Plus, Australia bans teens from social media in a world first.

And Miami swings Democratic for the first time in decades.

It's Wednesday, December 10th.

I'm Luke Vargas for The Wall Street Journal, and here is the AM edition of What's News, the top headlines and business stories moving your world today.