A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber ? You can register here. New York CNN — The Federal Reserve will raise interest rates again on Wednesday. But will it be another half-point hike or just a quarter-point hike? And the rest of the year? The … Read more
New Delhi CNN — The Indian group Adani has denounced the fraud allegations made by Hindenburg Research as “baseless” and a “malicious combination of selective misinformation”, and is considering legal action against the US-based short seller. Hindenburg Research released an investigation into billionaire Gautam Adani’s sprawling conglomerate on Tuesday, accusing it of “brazen stock manipulation … Read more
New Delhi CNN — The Indian group Adani has denounced the fraud allegations made by Hindenburg Research as “baseless” and a “malicious combination of selective misinformation”, and is considering legal action against the US-based short seller. Hindenburg Research released an investigation into billionaire Gautam Adani’s sprawling conglomerate on Tuesday, accusing it of “brazen stock manipulation … Read more
New York CNN — For everything there is a season and now is the time for winnings. Over the past few weeks, investors have focused on inflation and Fed policy, but now market reactions are heating up for earnings (especially misfires) and waning for economic data. What is happening: “We expect earnings to take center … Read more
New York CNN — For everything there is a season and now is the time for winnings. Over the past few weeks, investors have focused on inflation and Fed policy, but now market reactions are heating up for earnings (especially misfires) and waning for economic data. What is happening: “We expect earnings to take center … Read more
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber ? You can register here. New York CNN — It may be a new year. But for investors, consumers and the Federal Reserve, inflation remains a top economic concern, just as it was in 2022. With that in … Read more
New York CNN — After years of legal battles, pontifications and theories, former President Donald Trump’s tax returns from 2015 to 2020 are now part of the public record. Many critics and political opponents have speculated that Trump opposed public disclosure of his tax returns because they potentially provide evidence of illegal or politically damaging … Read more
Editor’s note: A version of this story appeared in CNN Business’ Nightcap newsletter. To receive it in your inbox, subscribe for free, here. New York CNN — Wells Fargo has reached a $3.7 billion settlement with regulators over the bank’s “widespread mismanagement” that allegedly affected more than 16 million consumer accounts. The Consumer Financial Protection … Read more
Washington CNN Business — Amazon founder Jeff Bezos recently warned consumers and businesses that they should consider postponing major purchases in the coming months as the global economy faces a slowdown and faces a possible recession. . The business leader offered his most raw advice yet on a failing economy in an exclusive interview with … Read more
New York CNN Business — Bob Iger is returning to Disney as CEO, taking over the reins of a very different company from the one he led when he stepped down as CEO in February 2020. With $1.5 billion in streaming losses in the last quarter alone, disgruntled Park fans, sinking cable networks like ESPN … Read more