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 of the newsletter by clicking the s…
Read More
Stock market news today: Dow and S&P 500 updates
During the last two weeks of every month, about 350 contractors sit in cubicles in government call centers in Atlanta, Dallas, Kansas City and Fort Walton Beach, Florida, phoning companies with a list of questions about their latest payroll numbers. It’s not …
Read More
Stock market news today: Dow and S&P 500 updates
The number of Peloton (PTON) diehards are growing.
Revenue jumped 66%
in its fiscal third quarter, largely benefitting from closed gyms and workout studios because of the coronavirus pandemic.
Peloton doesn’t just sell in-home bikes and treadmills. Its a…
Read More
Stock market news today: Dow and S&P 500 updates
Credit-rating agency Standard & Poor’s has cut Boeing’s credit rating to BBB-, the lowest rating it can have before its debt topples into junk-bond status.
“Boeing’s earnings and cash flow over the next few years are likely to be lower than we had previo…
Read More
Stock market news today: Dow and S&P 500 updates
The world is learning to live with less oil. It may never look back.
The coronavirus pandemic has destroyed demand for gasoline and jet fuel as billions of people stay home, and there’s no guarantee it will ever fully recover despite rock-bottom prices.
The…
Read More
Stock market today: Live updates
The anticipated economic fallout from the global coronavirus outbreak has been weighing on markets for weeks. Wall Street is close to a bear market, with major stock indexes having fallen nearly 20% from their February record highs.
It’s the end of the bull …
Read More
Trump says certain e-cigarette flavors will come off the market
(CNN)An announcement that will take certain e-cigarette flavors off the US market is coming soon, President Donald Trump told reporters at Mar-a-Lago on Tuesday.
“We’re going to protect our families, we’re going to protect our children and we’re going to pro…
Read More