Business

Elon Musk, CEO of Tesla, speaks with CNBC on May 16, 2023.David A. Grogan | CNBCTesla is set to report third-quarter results after the bell on Wednesday.Here's what Wall Street is expecting, based on a survey of analysts by LSEG, formerly…

A board displays the exchange rates for Mexican Peso and U.S. Dollar in Mexico City, Mexico March 13, 2023.Raquel Cunha | ReutersPeople sending money back to Mexico this year have faced a new challenge: the "super peso."The Mexican currency…

Dutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. U.S. chip curbs have left companies, including ASML, scrambling to figure out what the rules mean in…

James Gorman, Morgan Stanley CEO, July 18, 2023.CNBCMorgan Stanley posted third-quarter results that topped profit estimates on better-than-expected trading revenue.Here's what the company reported:Earnings per share: $1.38, vs. expected…

Tide laundry detergent is shown on display in Compton, California.Mike Blake | ReutersProcter & Gamble is expected to report its fiscal first-quarter earnings before the bell Wednesday.Here's what Wall Street analysts surveyed by LSEG,…

Shoes are offered for sale at an Adidas store in Chicago, Feb. 10, 2023.Scott Olson | Getty ImagesAdidas on Tuesday hiked its full-year guidance and posted stronger-than-expected third-quarter earnings, aided by sales of its Yeezy…

Boeing 787-10 Dreamliner, from United Airlines company, taking off from Barcelona airport, in Barcelona on 28th March 2023. JanValls | Nurphoto | Getty ImagesUnited Airlines said more expensive jet fuel and a halt to the carrier's Tel Aviv…

A Lucid showroom in New York City on Aug 19th, 2023.Adam Jeffery | CNBCLuxury electric vehicle maker Lucid Group said Tuesday that it delivered 1,457 of its Air sedans to customers in the third quarter, a number that is unlikely to reassure…

Consumers showed surprising strength in September, boosting retail sales well above expectations despite high interest rates and worries over a weakening economy.Retail sales rose 0.7% on the month, well above the 0.3% Dow Jones estimate,…

Brian Moynihan, CEO of Bank of AmericaHeidi Gutman | CNBCBank of America topped estimates for third-quarter profit on Tuesday on stronger-than-expected interest income.Here's what the company reported:Earnings per share: 90 cents vs.…

Johnson & Johnson on Tuesday reported adjusted earnings and revenue that topped Wall Street's expectations, and lifted its full-year guidance as sales in the company's pharmaceutical and medical devices businesses surged.It marks…

David Solomon, chief executive officer of Goldman Sachs Group Inc., at the Goldman Sachs Financial Services Conference in New York, Dec. 6, 2022.Michael Nagle | Bloomberg | Getty ImagesGoldman Sachs is scheduled to report third-quarter…

Janet Yellen, United States Secretary of Treasury, participates in global infrastructure and investment forum in New York, Thursday, Sept. 21, 2023. Pool | Via ReutersU.S. Treasury Secretary Janet Yellen said the country can "absolutely"…

Patrick Harker President Federal Reserve Bank of Philadelphia, August 24, 2023.David A. Grogan | CNBCPhiladelphia Federal Reserve President Patrick Harker said Friday he thinks the central bank can stop raising interest rates."Absent a…

A Wells Fargo customer uses the ATM at a branch in San Bruno, California, on Aug. 8, 2023.Justin Sullivan | Getty ImagesWells Fargo on Friday surpassed Wall Street expectations for third-quarter earnings and revenue as the benefit from…

Citigroup reported its third-quarter results on Friday morning, with solid growth in both institutional clients and personal banking fueling higher-than-expected revenue.Here's what the company reported compared with what Wall Street was…

Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., gestures as he speaks during an interview with Reuters in Miami, Florida, U.S., February 8, 2023. Marco Bello | ReutersJPMorgan Chase delivered…

Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., gestures as he speaks during an interview with Reuters in Miami, Florida, U.S., February 8, 2023. Marco Bello | ReutersJPMorgan Chase delivered…

Jamie Dimon, chairman and CEO of JPMorgan Chase, at the U.S. Capitol for a lunch meeting with the New Democrat Coalition in Washington, D.C., June 6, 2023.Nathan Howard | Bloomberg | Getty ImagesJPMorgan Chase is scheduled to report…

A construction in a multifamily and single family residential housing complex is shown in the Rancho Penasquitos neighborhood, in San Diego, California, September 19, 2023.Mike Blake | ReutersIn theory, getting inflation closer to the…

Prices that consumers pay for a wide variety of goods and services increased at a slightly faster-than-expected pace in September, keeping inflation in the spotlight for policymakers.The consumer price index, a closely followed inflation…

An Airbus A330-323 aircraft, operated by Delta Air Lines.Benoit Tessier | ReutersDelta Air Lines' profit rose nearly 60% in the third quarter as strong travel demand continued through the summer, particularly for international trips, though…

A man walks near a Walgreens pharmacy on March 09, 2023 in New York City. Leonardo Munoz | Corbis News | Getty ImagesWalgreens on Thursday offered soft profit guidance and reported fiscal fourth quarter earnings that fell short of…

Israeli armuy soldiers deploy at a position near the border with Gaza in southern Israel on October 11, 2023.Menahem Kahana | AFP | Getty ImagesAs Israel prepares for what could be a long war with massive humanitarian implications, there…

The producer price index was expected to show a 0.3% increase in September, according to the Dow Jones consensus estimate.

Workers create new homes for sale on September 22, 2023 in Miami, Florida.Joe Raedle | Getty ImagesTop real estate and banking officials are calling on the Federal Reserve to stop raising interest rates as the industry suffers through…

Pepsi products at a convenience store in Crockett, California, US, on Friday, June 16, 2023.David Paul Morris | Bloomberg | Getty ImagesPepsiCo on Tuesday reported quarterly earnings and revenue that beat analysts' expectations and raised…

Attendees arrive at the event campus on the opening day of the annual meetings of the International Monetary Fund (IMF) and World Bank in Marrakesh, Morocco, on Monday, Oct. 9, 2023.Bloomberg | Bloomberg | Getty ImagesThe International…

People pump gas into their vehicles at a Shell petrol station on October 2, 2023 in Alhambra, California. Frederic J. Brown | Afp | Getty ImagesThe U.S. economy has added more than 2.3 million jobs this year, the unemployment rate is still…

After almost a year and a half of cancelled gatherings and parades due to the COVID-19 pandemic, street life returns to normal at the Brooklyn Puerto Rico Day Parade on June 13, 2021 on Knickerbocker Avenue in the Bushwick neighborhood of…