Corporate profits

The Great Disconnect: US Corporate Profits Rise Without Job Growth

US companies made profits at an annual rate of $1.659 trillion in the third quarter, a Commerce Department says report released on Tuesday. In non-inflation-adjusted terms, this is the highest figure since the government began tracking more than 60 years ago. Since the end of the credit crisis, many companies have started to increase their […]

Corporate profits

Record corporate profits aren’t helping the economy – The Buzz

By Paul R. La Monica, Associate EditorFirst published: November 24, 2010: 1:07 p.m. ET NEW YORK (CNNMoney.com) – If you’re the CEO of a big company, you probably have a lot to be thankful for on Turkey Day. The government announced on Tuesday that corporate profits hit a record high in the third quarter. The […]