[ad_1] New York CNN — JPMorgan Chase, Bank of America, Citigroup and asset management giant BlackRock posted results that topped Wall Street’s forecasts Friday, but investors were nonetheless a little disappointed at first. Trading was choppy, with most bank stocks falling at the open before rebounding. Shares of JPMorgan Chase …
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[ad_1] New York CNN — Tesla shares plunged more than 11% in early trading Tuesday, as weaker than expected global sales caused the company’s massive slide in its share price that began last year to continue. Tesla reported record 2022 sales of 1.3 million vehicles, up 40% from the 2021 …
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[ad_1] New York CNN — Wall Street is bidding goodbye — and good riddance — to 2022. It has been a year most investors would rather forget. Russia’s invasion of Ukraine, snarled supply chains and another year of Covid turned markets on their head this year. Inflation surged around the …
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[ad_1] Washington, DC CNN — New home sales were up in November from the month before, even as prices remained elevated and buyers faced some of the highest mortgage rates of the year. Sales of newly constructed homes rose 5.8% in November from October, but were down 15.3% from a …
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[ad_1] 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 same link. New York CNN — Weaker-than-expected retail sales in November pummeled market sentiment …
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[ad_1] Minneapolis CNN — US retail sales fell sharply at the start of the holiday shopping season, dropping by 0.6% during the month of November, according to data released Thursday by the Commerce Department. Pullbacks in auto sales helped drive the decline — the largest monthly decrease seen all year …
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