Last week, reporting on the latest meeting of the US Federal Reserve Bank, NY Times reporter, Catherine Rampell, opened her story with this line: “No one knows what to do to fix the economy.” How frightening is that? The US and the rest of the world are being sucked into a vortex of political, economic […]
Tag: corporate profits
GOOD NEWS ON GOOD FRIDAY
Here are some excerpts from this morning’s New York Times: “The chip maker Advance Micro Devices topped earnings expectations for the quarter.” “GE posts earnings that exceed forecasts.” “McDonald’s profit is up.” “DuPont tops forecasts; profit up 27%.” “Blackrock earnings increase 34%.” “Real estate helps profit increase 58% at Blackstone.” “Xerox reports rise in profit […]