Corporate profits

Corporate profits fall the most in the first quarter since the Great Recession of 2008

[ad_1] Numbers: US corporate profits fell 13.9% in the first quarter, the Commerce Department said Thursday. This is the largest drop since the fourth quarter of 2008 during the Great Recession. The decrease is not annualized. Profits were $ 1.84 trillion annualized in the first quarter, up from $ 2.13 trillion in the last three […]