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 Business — It’s been a cold, hard crypto winter. But […]
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CARNIVAL CORPORATION & PLC PROVIDES THIRD QUARTER 2022 BUSINESS UPDATE
MIAMI, Sept. 30, 2022 /PRNewswire/ — Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) provides third quarter 2022 business update. U.S. GAAP net loss of $770 million and adjusted net loss of $688 million for the third quarter of 2022. Adjusted EBITDA for the third quarter of 2022 was over $300 […]
Dow plunges and is back in a bear market
New York CNN Business — The third quarter is about to end – and investors are wishing the past nine months good riddance. Stocks fell Thursday, giving up much of Wednesday’s big gains. The Dow fell nearly 460 points, or 1.5%. The Dow is now back in a bear market, […]
Facebook scrambles to escape death spiral as users flee, sales drop
Facebook CEO Mark Zuckerberg testifies before the U.S. House Financial Services Committee during An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors hearing on Capitol Hill in Washington on Oct. 23, 2019. Xinhua News Agency | Getty Images A year ago, before Facebook had turned […]
Jay Powell just went full Volcker
This story is part of CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN Business — Earlier this year, the idea of the Fed raising rates by three-quarters of percentage point wasn’t on the menu. But in just a few months, […]
Why you should not put charges on your credit card amid today’s high inflation
Ramsey Solutions founder David Ramsey addresses skyrocketing consumer credit card debt on “Cavuto: Coast to Coast.” Americans’ credit card debt is sitting at an incredible $887 billion as of June 2022, according to recent data from the Federal Reserve Bank of New York. That is an increase of about 5.5% […]