Corporate profits

Increased growth in the United States in the second quarter; corporate profits rise | Business

WASHINGTON (Reuters) – The U.S. economy grew a little faster than initially thought in the second quarter, raising the level of gross domestic product above its pre-pandemic peak, as massive fiscal stimulus and l impact of Covid-19 vaccinations boosted spending. Thursday’s Commerce Department report also showed a sharp increase in corporate profits, which should allow […]

Corporate profits

US corporate profits soar in the second quarter; increased economic growth

GDP growth in the second quarter revised to 6.6% Corporate profits hit new record Weekly jobless claims increase from 4,000 to 353,000 WASHINGTON, Aug.26 (Reuters) – U.S. corporate profits hit a new second quarter record, boosted by robust demand and higher prices, suggesting that an expected slowdown in economic growth this quarter due to the […]

Corporate profits

Global Corporate Profits Dip 8% in Third Quarter After Record Second Quarter – Data | Invest News

By Gaurav Dogra and Patturaja Murugaboopathy (Reuters) – Global company profits in third quarter are expected to fall for the first time in 18 months after record profits in April-June, Reuters calculations showed, as the spread of the COVID-19 variant Delta squeezes the chains supply and increases labor costs. Massive fiscal stimulus to support the […]