McDonald’s and other big brands warn that low-income consumers are starting to crack
Higher prices have weighed on customers in an array of industries that interact with consumers.
European stocks end April down 1.49%, posting first negative month since October
European stocks closed lower on Tuesday and recorded their first negative month since October after a flurry of earnings and data weighed on investor sentiment.
Treasury Department announces new Series I bond rate of 4.28% for the next six months
The U.S. Department of the Treasury announced the new rate for Series I bonds through October 2024.
Meta hit with major EU probe into disinformation handling ahead of European elections
The European Commission is investigating Meta over concerns the company hasn’t done enough to tackle disinformation ahead of upcoming elections.
Goldman sees 10% downside for Tesla even after China self-driving progress
The firm also has a neutral rating on the electric-vehicle maker.
Dubai’s new airport will be five times the size of its current one and aims to be the largest in the world
Dubai’s Al Maktoum International Airport will be the biggest in the world once completed.
5 things to know before the stock market opens Tuesday
Here are the most important news items that investors need to start their trading day.
Eli Lilly beats on quarterly profit, hikes full-year guidance on strong sales of Zepbound, Mounjaro
Zepbound reported $517.4 million in sales for the quarter, even as most doses of the drug slipped into shortages in the U.S.
Tuesday’s analyst calls: Nvidia to get a boost from new chip, Ralph Lauren poised to jump, banks react to Tesla news
This is CNBC Pro’s live coverage of Tuesday’s analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.
‘An intense five years’: Read HSBC CEO Noel Quinn’s surprise resignation statement
HSBC CEO Noel Quinn said it is “now the right time for me to get a better balance between my personal and business life.”
