New York CNN Business — As the dust settles from one of the most shocking financial implosions in history, one of the key unknowns is how much customers who can’t
Tag: financial performance and reports

Elon Musk heads to court over Tesla pay that made him the world’s richest personElon Musk heads to court over Tesla pay that made him the world’s richest person
Washington, D.C. CNN — Tesla and CEO Elon Musk will spend this week in court to defend the massive compensation package that helped make him the world’s richest man. The

Crypto is in chaos as FTX teeters on the verge of bankruptcyCrypto is in chaos as FTX teeters on the verge of bankruptcy
New York CNN Business — In less than a week, a 30-year-old entrepreneur once hailed as a modern-day JP Morgan watched his digital empire, including billions of his own fortune,

Rivian has both good and bad news at end of tough day for EV stocksRivian has both good and bad news at end of tough day for EV stocks
New York CNN Business — Electric truckmaker Rivian delivered a mixed bag for investors in its third-quarter earnings report, after a brutal day for its shares and those of other

Stock market keeps rallying even though consumers feel lousyStock market keeps rallying even though consumers feel lousy
New York CNN Business — Consumers may be worried about inflation and rising interest rates. But don’t tell that to Wall Street. Stocks rose again Tuesday, putting the market on

The economy may be in better shape than you think…for nowThe economy may be in better shape than you think…for now
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York CNN Business — The housing

Stocks surge again as Corporate America’s earnings impressStocks surge again as Corporate America’s earnings impress
New York CNN Business — So much for Shocktober. Wall Street’s often scary month for stocks has suddenly turned into Rocktober. The Dow surged nearly 600 points, or 2%, shortly

First on CNN: Next spring the economy will sink into a 1990-style mild recession, Fitch saysFirst on CNN: Next spring the economy will sink into a 1990-style mild recession, Fitch says
New York CNN Business — Stubborn inflation and the Federal Reserve’s jumbo-sized interest rate hikes will drive the American economy into a 1990-style mild recession starting in the spring, Fitch

Stock market: Stocks end mixed Tuesday. Down slightlyStock market: Stocks end mixed Tuesday. Down slightly
New York CNN Business — The back-to-back, huge market rallies of last week may seem like a distant memory to investors after stocks slide for the past four days and

Premarket stocks: White-collar workers are feeling the brunt of the Fed’s rate hikesPremarket stocks: White-collar workers are feeling the brunt of the Fed’s rate hikes
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version