Corporate profits

To reduce inflation, control corporate profits

picture by regularguy.eth on Unsplash “Inflation” is the new buzzword of the year. This is why the Federal Reserve interest rate hikes aimed at increasing the cost of certain loans. This is the excuse given against the renewal of enlargement child tax credit program that briefly lifted millions of American families out of poverty. It’s […]

Corporate profits

Controlling Corporate Profits – LA Progressive

Inflation” is the new buzzword of the year. This is why the Federal Reserve interest rate hikes aimed at increasing the cost of certain loans. This is the excuse given against the renewal of enlargement child tax credit program that briefly lifted millions of American families out of poverty. It’s the name of one of […]

Corporate profits

Corporate profits climb as inflation rises

Companies are posting record profits as inflation rates are at their fastest pace in decades. Small businesses and low-income workers, meanwhile, are bearing the brunt of the crisis even as access to safety net programs becomes increasingly tenuous. That’s the assessment of a group of economists who joined Ethnic Media Services for a press conference […]

Corporate profits

CEO pay and corporate profits rose in 2021. Workers’ wages lagged.

Amazon.com had the highest CEO-worker pay gap in the S&P 500 last year, according to a survey by the AFL-CIO union. Michael M. Santiago/Getty Images Text size CEO compensation is up, as are corporate profits, but worker compensation has not kept pace, especially given inflation, according to an AFL-CIO survey. CEOs of S&P 500 companies […]

Corporate profits

Corporate profits, not wages, fuel domestic inflation

The Australia Institute (TAI) has published a new report arguing that wages made “no contribution” to inflation in fiscal years 2019-20 and 2020-21, and only a 0.6% contribution in the current fiscal year. Instead, TAI says a study of the national accounts finds it’s corporate profits that drive up inflation, with chief economist Dr Richard […]

Corporate profits

Falling “household savings and consumption” and rising corporate profits point to tense times ahead

Almost a quarter of Indian households, covering at least 75 million Indians, have no personal transport and do not own a bicycle, motorbike or car. Only a quarter of the population has air conditioners or air coolers. While bottled water manufacturers go to the bank laughing, a large majority of the population cannot afford drinking […]

Corporate profits

Tax cuts designed to protect corporate profits, with no benefit for consumers

Auto industry rules out price cuts Pawan Goenka, managing director of Mahindra and Mahindra Ltd (M&M), has ruled out any move to pass on the benefits of the corporate tax rate reduction to consumers through a reduction in the prices of vehicles sold by M&M . “One thing – somehow a false expectation has arisen […]

Corporate profits

Corporate earnings could be the next thing to snap

Placeholder while loading article actions U.S. stocks just posted their worst first half since 1970, but the fall was entirely price-to-earnings ratios, according to “The Big Short” investor Michael Burry. “Next, earnings compression,” Burry, the founder of Scion Asset Management, wrote on Twitter on Thursday. He’s right about corporate earnings, but also doesn’t rule out […]

Corporate profits

Are record corporate profits the cause of inflation? Here’s what the experts think.

As soaring inflation weighed on budgets for essentials like gasoline and groceries, many big companies posted record profits, sparking anger among some ordinary citizens and public officials over price gouging. Such frustration has recently come to the fore in the face of exorbitant gasoline prices. Earlier this month, President Joe Biden sent a letter to […]

Corporate profits

Is inflation driven by corporate profits? | Columns

There is no doubt that inflation is on everyone’s mind. I overheard a conversation last week between two people at a local store discussing things going up, and one said to the other, “That’s ridiculous!” We know that rising costs keep reverberating and that we can’t cut back or stop doing so much. That was […]

Corporate profits

COLUMN: POINT-COUNTERPOINT: Is inflation driven by corporate earnings? | Columns

There is no doubt that inflation is on everyone’s mind. I overheard a conversation last week between two people at a local store discussing the price increase, and one said to the other, “That’s ridiculous!” We know that rising costs continue to trickle down and we can’t cut back or stop doing a lot of […]

Corporate profits

Goldman sees early signs of consumer belt tightening in US corporate earnings

According to Goldman Sachs Group, the first signs that the tightening of the consumer belt is affecting corporate profits are coming, which poses a greater risk for American stocks than the sale of stocks by American households. High inflation and falling asset prices have begun to weigh on household finances, Goldman strategists led by David […]

Corporate profits

Report: Record corporate profits are driving inflation, not labor costs

Workers earning a living wage are not the cause of inflation, as some conservative politicians and pundits keep insisting. Rather, according to a new report per the Maine Center for Economic Policy, higher costs are the result of corporate consolidation and companies using their control of the market to set inflated prices. These companies rake […]

Corporate profits

Study shows corporate excess profits in the US have become ‘widespread’

A new document released on Tuesday shows U.S. corporate profit margins and profits hit their highest levels since the 1950s last year, bolstering the case for an excess profits tax as a way to curb inflation. vertiginous. Written by Mike Konczal and Niko Lusiani of the Roosevelt Institute, the analysis finds that markups – the […]

Corporate profits

Opinion: The economy must maximize human well-being, not corporate profits | Opinion

If you could afford to work less, what would you do with that time? Our audience had a wide range of responses: learning to cook, making music, spending time taking care of themselves, exploring campus. A common response was to spend more time with loved ones. “I would spend more time with my friends and […]

Corporate profits

Dissecting the extraordinary surge in corporate earnings

Uneven earnings across sectors, input cost pressures and rising interest rates coupled with a weaker rupee could dampen the pace of corporate earnings. Radhika Pandey and Pramod Sinha writes: The COVID-19 pandemic has derailed the economy but been a boon for listed companies. The sharp corporate tax cut in 2019 and the pandemic-induced cost reduction […]

Corporate profits

Runaway inflation has been a boon to corporate profits, new research finds

Frustrated that prices are rising much faster than your wages seem to be? You have every right to be, according to a new study from the Canadian Center for Policy Alternatives. The study, authored by CCPA senior economist David Macdonald, finds that as the Canadian economy recovers from the ravages of the COVID-19 pandemic, runaway […]

Corporate profits

NDP wants to redistribute ‘excess’ corporate profits to Canadians to dampen inflation

Breadcrumb Links New Canadian politics NDP Leader Jagmeet Singh said he would leverage the supply and confidence agreement with the Liberals to push this solution forward Publication date : June 07, 2022 • 3 days ago • 2 minute read • 698 comments Jagmeet Singh, leader of the New Democratic Party (NDP), wants to tax […]

Corporate profits

US corporate profits plummet | Cash and risks

In the first quarter of 2022, US corporate profits fell the most in nearly two years as inflation promised higher costs for businesses as the economy shrank. Adjusted pretax profits fell 2.3% annualized from the prior quarter and rose 12.5% ​​from a year earlier, Commerce Department data showed Thursday. At the same time, a measure […]

Corporate profits

Corporate earnings remained strong in the first quarter

MicroStockHub/iStock via Getty Images By Robert Hughes Refinitiv Data Stream U.S. corporate profits before taxes and excluding adjustments for capital consumption and inventory valuation hit a record high of $3.192.5 billion at a seasonally adjusted annual rate in the first quarter, the National shows. Income and Product Accounts from the US Bureau of Economic Analysis […]

Corporate profits

US corporate profits fall as consumer spending is revised higher

(Bloomberg) – U.S. corporate profits fell in the biggest first quarter in nearly two years as some companies struggled to offset soaring costs, while the overall economy contracted in during the period. Inflation-adjusted gross domestic product fell at an annualized rate of 1.5% in the January-March period, from an originally reported decline of 1.4%, Commerce […]

Corporate profits

KY is stuck on big government thanks to escalating corporate profits

The Bluegrass state has turned bright red. A significant change from the 50s and 60s when the middle class across America represented the American dream and was bluer. The hard work paid off. The lifestyle and comforts associated with the average life once impressed other democracies. Everything was “bigger” in the United States. This comfort […]

Corporate profits

US weekly jobless claims plummet; corporate profits plummet in first quarter

Breadcrumb Links PMN Company Author of the article: Content of the article WASHINGTON — The number of Americans filing new claims for unemployment benefits fell more than expected last week as the labor market remained tight amid strong demand for workers despite rising interest rates and tightening financial conditions. Initial claims for state unemployment benefits […]

Corporate profits

Why living wages could be a boon to corporate profits

The business case for a living wage is gaining traction in the corporate world. As the social and economic benefits of higher pay become clearer, so does the understanding that the cumulative effects of low wages are felt up the supply chain, according to a coalition report Businesses fight poverty. While the current model allows […]

Corporate profits

Take corporate profits out of your news

Hedge funds are known to profit from everything they buy, leaving the wreckage behind when they move on to the next trade. Lately, they buy newspapers. Hedge funds now own more than half of all US newspapers, according to a Financial Times analysis in 2021. But a nonprofit alternative is gaining strength. In this episode […]

Corporate profits

EDITORIAL: Record corporate profits must not only benefit shareholders

Japanese companies are reporting big profits for the fiscal year that ended in March. Many companies have racked up record profits as they recover from the slowdown caused by the COVID-19 pandemic and a weaker yen. To pump the money they earned back into the economy, these companies should use the inflated revenue to increase […]

Corporate profits

Reviews | Most of the price increases due to inflation went to corporate profits

When the story of 2020s is written, the current inflationary panic could very well rival the ​“but his ‘duck’ emails surrounding Hillary Clinton in 2016: The impacts on American politics have been profound and decidedly negative from any progressive perspective. I must admit that I had previously underestimated the persistence of the price increases that […]

Corporate profits

Signs of a better investment cycle are pushing corporate earnings: ICICI Securities

Low leverage, battered earnings and emerging signs of an improving investment cycle are bolstering confidence in sustainable corporate earnings growth, ICICI Securities said. The main positives of the current uptrend of the profit cycle is that it is not yet inflated by the effects of “operating and financial leverage”, as capacity utilization […]

Corporate profits

Most of the price increases due to inflation went to corporate profits

When the story of 2020s wrote, the current inflationary panic could very well rival the ​“but his ‘duck’ emails surrounding Hillary Clinton in 2016: The impacts on American politics have been profound and decidedly negative from any progressive perspective. I must admit that I had previously underestimated the persistence of the price increases that started […]

Corporate profits

Opinion: Augusta puts corporate profits before our privacy

A major privacy bill went quietly into that good night last week (the “dead file,” as we call it in the legislature). But a good dying bill isn’t news in itself in Augusta. It happens all the time. What is remarkable is that a bill with this level of opposition paid for by powerful corporate […]

Corporate profits

When You Talk About Inflation, Definitely Talk About Corporate Earnings

Here’s what it looks like: And, notes Bivens, these data mean that the traditional explanations for inflation that many economists are now offering should be taken with several grains of salt. “The historically high profit margins of the economic recovery after the pandemic rest very uncomfortable with explanations of recent inflation based solely on macroeconomic […]

Corporate profits

Minnesota grapples with inflation Report blames corporate profits / Public News Service

The greater share taken from Minnesotans’ paychecks by rising consumer costs is being seen in several ways — including the opportunity for corporate profit. A new report from the Groundwork Collaborative said companies are taking advantage of the pandemic to drive up the costs of products such as prescription drugs, groceries and diapers. The authors […]

Corporate profits

Corporate profits rise amid inflation as some Democrats cry foul

As consumers feel the pinch of inflation, corporate profits are at all-time highs, bolstering Democratic arguments that big business is ripping off consumers and making inflation worse. Inflation has become a major headwind for Democrats ahead of this fall’s midterm elections, as the party risks losing its narrow House and Senate majorities. Rising prices have […]

Corporate profits

It’s time to tax excessive corporate profits

Senator Bernie Sanders recently introduced the Ending Corporate Greed Act. the law would impose a 95% tax rate on the excess profits of large corporations that earn more than $500 million a year. Excess earnings are defined as earnings that exceed the company’s average earnings level from 2015 to 2019, adjusted for inflation. This excess […]

Corporate profits

War, inflation set to weigh on corporate earnings despite rising revenues

America’s biggest companies are expected to show slowing earnings growth when they release their first-quarter results in the coming weeks, with soaring inflation and the war in Ukraine weighing on profits. Earnings announcements from companies listed on the S&P 500 index are expected to accelerate over the next two weeks, with groups accounting for 70% […]

Corporate profits

Store credit cards drive corporate profits and disgruntled workers

Clothing retailers sell more to their buyers than jeans and sweaters. Large clothing companies also sell credit, often with very high fees, such as The holes Starting interest rate of 21.7% and late payment fee of 27-37 USD. In 2019, Macy’s store credit card revenue of $771 million accounted for more than half of Macy’s […]

Corporate profits

Is inflation finally biting into corporate profits?

Since inflation started exploding last year, America’s big corporations have found a simple way to keep making record profits: pass all those price hikes with their customers. But the formula may be showing signs of reaching its limit, adding drama to the upcoming earnings season. CEOs are lining up to tell investors in the coming […]

Corporate profits

Reviews | The Democrats’ Flawed Hate Affair With Corporate Profits and Stock Buybacks

Placeholder while loading article actions Democrats are in a hate business with corporate profits and stock buybacks. And their misguided obsession just might keep oil and gasoline prices upper than they would otherwise. You’ve probably heard of ‘share buybacks’ lately, the term for when a public company buys back shares of its own shares on […]

Corporate profits

US corporate profits jump 25%, reports Federal Reserve

(NewsNation) – The Federal Reserve reports that US corporate profits jumped 25%, the largest annual increase in nearly 50 years. Some lawmakers accuse companies of using the pandemic and supply chain issues as excuses to raise prices. Now lawmakers can take steps to regulate potential corporate abuses. Food banks struggle to overcome inflation and supply […]

Corporate profits

Project takeover boosts earnings for Kuwaiti companies

Companies listed on the Kuwait Stock Exchange more than tripled their net profits in 2021 following the recovery of the national economy and project activity, a local newspaper reported. Except for companies in the hydrocarbon sector, listed companies saw a 270% increase in net profit after the OPEC member eased curbs associated with the spread […]

Corporate profits

Even as inflation bites, corporate profits soar

Stan Choe ASSOCIATED PRESS NEW YORK – What is safe from high inflation? So far the profits of large US companies. Businesses face higher gas and heating bills, as do consumers, in addition to higher expenses for labor and raw materials. But unlike many middle- and low-income Americans, they earned more than enough extra income […]

Corporate profits

US corporate profits and CEO pay jumped in 2021 as inflation squeezed real wages

The corporate assault on the living standards of American workers during the pandemic intensified in 2021. As inflation slashed living standards for most, corporate profits hit record highs levels for decades, rising 25% year over year to $2.81 trillion. The increase is even greater – 37% – when taxes are taken into account. This is […]

Corporate profits

Corporate profits hit a record high of nearly $3 trillion in 2021

As working-class Americans grappled with high inflation, corporate profits hit an all-time high in 2021, hitting nearly $3 trillion. Data from Commerce Department’s Bureau of Economic Analysis shows that pre-tax profits on the whole year increased by a whopping 25%, reaching $2.8 trillion. The fourth quarter annualized profit rate was even higher, at $2.94 trillion. […]

Corporate profits

Even as inflation bites, corporate profits remain stable

NEW YORK – What is safe from high inflation? So far the profits of large US companies. Businesses face higher gas and heating bills, as do consumers, in addition to higher expenses on labor and raw materials. But unlike many middle- and low-income Americans, they earned more than enough extra income to cover the extra […]

Corporate profits

US corporate profits jump 25% in 2021 to a record high as economy rebounds from pandemic

Numbers: US corporate profits rose again in the fourth quarter and hit a record high, capping a huge increase in 2021 despite widespread supply and labor shortages that have raised costs and contributed to high inflation during the pandemic. Adjusted pre-tax profits rose 0.7% to $2.94 trillion annualized in the final three months of last […]

Corporate profits

US economic growth accelerated in the fourth quarter; Corporate profits slow | Investment News

WASHINGTON (Reuters) – The U.S. economy grew robustly in the fourth quarter, the government confirmed on Wednesday, but momentum slowed significantly amid a surge in COVID-19 infections earlier this year, of blocked supply chains and runaway inflation. Gross domestic product grew at an annualized rate of 6.9%, the Commerce Department said in its third estimate […]

Corporate profits

US economic growth accelerated in the fourth quarter; corporate profits are slowing

WASHINGTON, March 30 (Reuters) – The U.S. economy enjoyed robust growth in the fourth quarter, the government confirmed on Wednesday, but momentum slowed significantly amid a surge in COVID-19 infections earlier this year, supply chains tightened and runaway inflation. Gross domestic product grew at an annualized rate of 6.9%, the Commerce Department said in its […]

Corporate profits

The private sector payroll in the United States is rising sharply; higher costs are eating away at corporate profits

(Adds details, analyst comments, updates markets) * Private payroll increases by 455,000 in March * Medium and large companies represent the bulk of hires * Corporate profit growth slows in fourth quarter WASHINGTON, March 30 (Reuters) – U.S. private employers maintained a strong pace of hiring in March, boosting the labor market recovery, but corporate […]

Corporate profits

The private sector payroll in the United States is growing steadily; Corporate earnings growth slows By Reuters

© Reuters. FILE PHOTO: A restaurant advertising job seeks to attract workers in Oceanside, California, U.S., May 10, 2021. REUTERS/Mike Blake By Lucia Mutikani WASHINGTON (Reuters) – U.S. private employers maintained a strong pace of hiring in March, boosting the labor market recovery, but corporate profit growth slowed significantly in the fourth quarter amid rising […]

Corporate profits

The private payroll in the United States is growing steadily; Corporate earnings growth slows | Investment News

WASHINGTON (Reuters) – U.S. private employers maintained a strong pace of hiring in March, boosting the labor market recovery, but corporate profit growth slowed significantly in the fourth quarter amid rising costs. The private sector payroll rose by 455,000 jobs last month, the ADP’s National Employment Report revealed on Wednesday. Data for February has been […]

Corporate profits

US GDP accelerates in the fourth quarter; corporate profits are slowing

Gross domestic product grew at an annualized rate of 6.9%, the Commerce Department said in its third estimate of fourth-quarter GDP growth. The U.S. economy enjoyed robust growth in the fourth quarter, the government confirmed on Wednesday, but momentum slowed significantly amid a surge in COVID-19 infections earlier this year, supply chains tightened and runaway […]

Corporate profits

Rising prices boost corporate profits

Workers seeking pay rises are often blamed for inflation, but right now people are questioning the role of corporate profits in driving up prices. Some large multinational corporations have been very open with their investors that price increases translate into increased revenue. In 2021, the multinational Proctor & Gamble said they needed to raise prices […]

Corporate profits

As Inflation Soars, So Do Corporate Earnings

Consumer prices rose 7.9% in February from a year earlier, federal government report says latest estimatethe fastest surge in inflation since the early 1980s. But not everyone feels the pressure of higher prices in the same way. As consumer sentiment plummeted, corporate profits skyrockets as companies reap the rewards of their customers’ continued willingness to […]

Corporate profits

Corporate earnings soared in 2021. So why are stocks falling?

Business accounting concept, businessman using calculator with laptop, budget and loan … [+] paper in the office. Getty This market’s insistence on falling, even as earnings soar, has opened up a strong buying opportunity for US dividend investors. And we’ll exploit it to take advantage of a rare “double discount” on an 8% return closed-end […]

Corporate profits

Think corporate profits are a supply chain scam? Better take a longer view

A delivery man on a bicycle rides past the New York Stock Exchange and Fearless Girl, a bronze medal … [+] sculpture by Kristen Visbal, Wednesday, January 27, 2021, in New York. Stocks were broadly lower in afternoon trading on Wednesday as investors focused on the outlook for the economy and corporate earnings amid a […]

Corporate profits

Corporate profits, not wages, drive up inflation

This year, $11.17 has the same purchasing power as $10 in 2019, before the COVID-19 pandemic, according to the Bureau of Labor Statistics. In fact, inflation is currently higher than it has been in 40 years. While some people might assume that higher wages are driving the jump, the data shows that corporate profits are […]

Corporate profits

Rising fuel prices and corporate profits – not wages – are mainly responsible for inflation

With US inflation soaring in fastest pace in 40 yearsmany companies blame the rise in prices for having had to raise the wages of their workers, including Amazon, Starbucks and Chipotle. Consumers get the message. As a Fort Worth Star-Telegram reader wrote to the editor, “You wanted higher wages, American-made products? So you better accept […]

Corporate profits

Corporate profits soar, filling Oregon’s tax coffers

Oregon’s corporate tax payments jumped an astonishing 46% last year, topping $1 billion for the first time, as businesses large and small reaped huge profits following the pandemic. Oregon collected nearly $1.4 billion in corporate excise taxes, a tax on business income, in 2021. It’s the highest tally on record and another indicator that many […]

Corporate profits

Democrats renew calls for minimum tax on corporate profits after Tesla report

Democratic lawmakers are renewing calls to tax corporate profits after revelations that Tesla won’t pay any taxes to the federal government, despite earning nearly $6 billion in profits last year. Senator Elizabeth Warren, Democrat of Massachusetts, said Tesla’s tax revelations are troubling, especially because the company has received millions in government grants. “After years of […]

Corporate profits

Economist Explains Record Corporate Profits Despite Rising Inflation: NPR

NPR’s Michel Martin talks with economics professor Isabella Weber about the price hikes and inflation that’s happening alongside soaring corporate profits. MICHEL MARTIN, HOST: Prices are up everywhere – at the gas pump, at the grocery store, in the parking lot. This week, the federal government reported a 7.5% increase in the cost of goods […]

Corporate profits

Corporate profits soar despite rising inflation

On Thursday, the Bureau of Labor Statistics (BLS) released its latest inflation report, and the news is not good for workers. According to the Consumer Price Index (CPI) – which measures the cost of consumer goods – inflation for all goods, including food and energy, rose again in January, this time by 0 .6%. This […]

Corporate profits

Rishi rich: making the poorest pay to protect corporate profits

He’s a multi-millionaire Chancellor with a huge property empire who decides to raise National Insurance and bills while cutting taxes on welfare and bankers, writes Terina Hine Data released this week by The Food Foundation reported that nearly five million adults experienced food insecurity in the past month, one million of whom spent an entire […]

Corporate profits

Are corporate earnings the key to resisting a stock decline?

Quality means different things to different investors, but by most definitions, a high-quality company is one that makes a lot of money reliably. Think Apple Inc., Microsoft Corp. or Johnson & Johnson. In that sense, it’s reasonable to assume that stocks of high-quality companies will fare better in a bear market, because big profits often […]

Corporate profits

Corporate profits are up at Alphabet, Exxon, UPS and more

Run the numbers We’re nearly halfway through earnings season, and nervous investors are turning their attention to corporate financial reports after inflation, geopolitics and other concerns dragged markets down last month. However, the situation has been different in recent days as strong earnings reports have calmed nerves. Futures suggest stocks will rise for the fourth […]

Corporate profits

UAE tax haven to introduce corporate profit tax

The UAE is set to introduce a corporate profit tax as it juggles the need to remain attractive to international businesses and its agreement to support global tax transparency. The Gulf state, which includes Dubai and Abu Dhabi, has grown from a desert backwater to the region’s second-largest economy, in part due to its status […]

Corporate profits

UAE set to start taxing corporate profits next year | Tax News

The move marks a significant shift as the UAE seeks to align with international standards and move towards a global minimum tax. Through Ben Bartenstein and Zainab Fattah and Farah ElbahrawyBloomberg Posted Jan 31, 2022Jan 31, 2022 The UAE will impose a federal levy on corporate profits for the first time next year as it […]

Corporate profits

The main forces affecting corporate profits

Bank stocks had rallied ahead of the start of the fourth-quarter earnings season, on favorable trends in Treasury yields and market expectations of the Fed. The pullback in stocks following the quarterly releases looked like a news sell-type development. But some of these quarterly banking releases have also raised legitimate concerns. For example, cost outlooks […]

Corporate profits

Are corporate profits hitting records because companies are “overcharging”? :: WRAL.com

By Paul Specht, PolitiFact Reporter A Democratic candidate for Congress from North Carolina says companies are making more money than they have made in seven decades. Former State Rep. Erica Smith is campaigning to represent North Carolina’s newly drawn 2nd congressional district. On December 30, she tweeted: “Corporate profit margins are at their highest level […]

Corporate profits

Smith says corporate profits are at an all-time high and blames ‘overcharging’

A Democratic candidate for Congress from North Carolina says companies are making more money than they have made in seven decades. Former State Rep. Erica Smith is campaigning to represent North Carolina’s newly drawn 2nd congressional district. On December 30, she tweeted: “Corporate profit margins are at their highest level in 70 years. Companies are […]

Corporate profits

Democrats Blast Corporate Profits as Inflation Rises

Inflation remains rapid as the economy enters 2022, and Democrats have begun to point to a new culprit for high and sustained price increases: greedy corporations. Senator Sherrod Brown of Ohio, Senator Elizabeth Warren of Massachusetts, and White House spokeswoman Jen Psaki, were among those who pointed to excessive profits in some industries as something […]

Corporate profits

Industrial growth declines even as corporate profits hit all-time highs

Amid the pandemic gloom and weak economic recovery, corporate profits have skyrocketed to all-time highs, as have the stock markets. In FY21, net profit of listed companies (over 4,000) hit an all-time high, rising 57.6% to 5.31 lakh crore, and its share in GDP peaked in 10 years of 2.63%. Commenting on the performance of […]

Corporate profits

Record company profits, record share buybacks, and consider taxing them

As black, white and brown workers struggle to recover from the pandemic, leaders of the C-suite are using legalized self-operation to take an ever-increasing share of the profits. According to the Commerce Department, the last time margins were this large was in 1950. Even economists at Morgan Stanley are sounding the alarm bells about the […]

Corporate profits

Recent Rise in Corporate Profits and People’s Return to Work Help Reduce Federal Deficit

The recent increase in corporate profits and the return to work are helping to reduce the federal deficit, bringing it below the federal deficit for the same period last year. For the period October-November, the US budget deficit stood at $ 356.4 billion, a decrease of 17% compared to the same period in 2020. It […]

Corporate profits

Corporate profits are not keeping up with inflation, a warning sign

The US stock market is booming, with the S&P 500 up more than 3% this week and nearly 25% for the year. Fears over the Omicron variant of the coronavirus quickly subsided, with stocks regaining lost ground. That’s making some market watchers nervous, reports the DealBook newsletter, because of a metric that suggests stock prices […]

Corporate profits

Corporate profits are booming. This can leave some padding to absorb higher wages.

U.S. corporate profits have never been bigger – nor have they accounted for a larger share of economic growth, according to recent figures released by the U.S. Bureau of Economic Analysis. Third-quarter after-tax profits were around 11% of GDP, a measure experts typically use to gauge the country’s economic health. This proportion was still close […]

Corporate profits

Corporate earnings have been much less volatile than implied by GAAP earnings

Businessman using tablet and laptop analyzing sales data and economic growth graph. Business … [+] strategy. Digital marketing. Business innovation technology concept getty Corporate earnings, when properly measured, have been much less volatile than GAAP earnings suggest since Q1 2020. This report is an abridged version of S&P 500 & Sectors: Core Earnings Vs. GAAP […]

Corporate profits

It’s time for corporate profits to return to the ’90s so companies can make up for decades of worker underpayment, says Morgan Stanley

Workers’ share of corporate income has declined for two decades to the benefit of owners and investors. The labor shortage bridges that gap and companies will have to shift money from profits to payment, the bank said. Morgan stanley says it’s time for companies to return their profit margins to what they were about thirty […]

Corporate profits

Biggest corporate profits since 1950 demystify the inflation story told by CEOs

In the second year of a pandemic that began with the loss of 20 million jobs, American workers are doing surprisingly well. It’s just that big American companies are doing even better. Over the past two quarters, U.S. companies outside of the financial sector have posted their highest margins since 1950 – one of the […]