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Business

“China Evergrande Posts $81 Billion in Losses Over Two Years”

July 17, 2023

“China Evergrande Group posted combined losses of more than $81 billion over two years as the world’s most-indebted developer releases its long-delayed results in a bid to resume stock trading… The company reported a loss attributable to shareholders of 105.9… Continue Reading…

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Energy

“Saudi oil giant Aramco posts record $161 billion profit for 2022”

March 13, 2023

“Saudi Arabia’s state-controlled oil giant Aramco on Sunday reported a record net income of $161.1 billion for 2022 — the largest annual profit ever achieved by an oil and gas company. Aramco said net income increased 46.5 percent over the… Continue Reading…

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Business, Economy

“China’s $89 billion e-commerce giant JD.com posts slowest quarterly growth on record”

August 23, 2022

“JD.com beat top and bottom line expectations in the second quarter, but posted its slowest year-on-year revenue growth on record, becoming the latest victim of a Covid-induced economic slowdown [Lockdowns] in China… Here’s how JD.com did in the second quarter, versus… Continue Reading…

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Economy

“U.S. posts weakest growth of pandemic recovery”

October 28, 2021

“U.S. economic growth slowed more than expected in the third quarter to the softest pace of the pandemic recovery period as snarled supply chains and a surge in COVID-19 cases throttled spending and investment. Gross domestic product expanded at a… Continue Reading…

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Economy

“Jobless claims post sharp decline to 326,000, better than expectations”

October 7, 2021

“The total of Americans submitting jobless claims fell sharply last week as enhanced federal unemployment benefits wound down, the Labor Department reported Thursday. Initial filings for unemployment benefits totaled a seasonally adjusted 326,000 for the week ended Oct. 2, below… Continue Reading…

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Personal Finance

Fixing Your Finances Post-Pandemic

September 28, 2021

Written By Tina Martin A recent poll found that at least half of all people living in America’s largest cities have suffered significant financial setbacks due to the COVID-19 Lockdowns. These financial setbacks include losing a job, reduced hours, or… Continue Reading…

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Economy

“Retail sales post surprise gain as consumers show strength…”

September 16, 2021

“Retail sales posted a surprise gain in August despite fears that escalating Covid cases and supply chain issues would hold back consumers, the Census Bureau reported Thursday. Sales increased 0.7% for the month against the Dow Jones estimate of a… Continue Reading…

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Stocks

“10 Companies Are About To Post Blowout 1,000%+ Profit Growth”

July 13, 2021

“A Bonanza Of Profit Is Coming Analysts see 1,000% or more profit growth from these S&P 500 companies in the second quarter Company Ticker Q2 EPS % Ch. Primary Sector Composite Rating % stock YTD ch. Zimmer Biomet (ZBH) 3,620.0%… Continue Reading…

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Business

“Under Armour posts more than 2,300 new jobs and hikes minimum hourly pay 50% to $15”

June 29, 2021

“Under Armour Inc. posted more than 2,300 jobs in the second quarter according to GlobalData research, a “hiring spree” that comes at a time when finding new workers has become more difficult… Last month, Under Armour announced that it was… Continue Reading…

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Personal Finance

“Almost half of Americans are willing to take on debt in a post-pandemic spending splurge, survey finds”

June 9, 2021

“Americans are ready to start spending money to treat themselves — and 44% are willing to go into debt to do it, a report from CreditCards.com finds. Millennials, ages 24-40, are most likely to take on more debt (59%) followed by Gen… Continue Reading…

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