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Economy

“Why Corporate America’s profits are set to drop “

“Surging labor costs and slower revenue growth likely will lead to a drop this year in corporate profits in the U.S. and other developed economies, according to a report out Monday from The Conference Board. Industries that could see their… Continue Reading…

Economy

“America is set to surpass Saudi Arabia in a ‘remarkable’ oil milestone”

“…America is about to steal the kingdom’s energy exporting crown.The United States will surpass Saudi Arabia later this year in exports of oil, natural gas liquids and petroleum products, like gasoline, according to energy research firm Rystad Energy. That milestone,… Continue Reading…