Earnings

General Flynn Exposes ‘Secret’ U.S. Government, Warns Americans Freedom Is Under Attack

Retired Army General Michael Flynn warned Americans this week their freedoms are in danger because of a "secret" United States agency operating in the shadows.

American Banks Prepare for Decline in Profits, 17 Percent Drop Predicted for Top Six Banks in the Fourth Quarter

Big banks in the United States are getting ready to deal with shrinking profits due to factors like an overall difficult economic environment, despite the fact that interest incomes have risen over the past year.

IRS Halts Controversial New Rule Requiring Reporting of $600 Payments

The Internal Revenue Service (IRS) on Friday announced it would delay a rule that would have required tens of millions of Americans who received payments of at least $600 to report their earnings, following widespread confusion and angst about the new requirements.

Welfare Pays More Than Regular Jobs in Many States

Welfare payouts for a family of four exceed the national median household income in 24 states, and top $100,000 annually in Washington, Massachusetts, and New Jersey, a new study finds.

Consumer Prices Rose 7.7% In October From a Year Ago, Core Inflation Eases

Consumer prices continued to climb in October as the pace of overall inflation held at the level hit a month earlier and underlying inflation excluding food and fuel slowed.

U.S. Oil Producers Enjoy Most Profitable Six Months Ever

They reaped a windfall of hundreds of billions of dollars since February, according to the report.

Starbucks Plans to Tap Young, Wealthy Customers to Weather Recession

Starbucks Corp. topped Wall Street estimates for quarterly comparable sales and profits on Thursday, saying it will weather any coming recession by selling customized cold...

US Economy Added 261,000 New Jobs in October as Hiring Stays Strong

The U.S. economy added 261,000 new jobs in October, down from the upwardly revised 315,000 in September, according to the Bureau of Labor Statistics...

Diesel Market to Stay Tight Into Winter: Chevron Chairman

The diesel market will stay tight into the winter, Chevron Chairman and CEO Michael Wirth warned.

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