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News Articles: corporate profits

It wasn't too long ago that a lot of experts were fearing a recession. It hasn't quite turned out that way – but that doesn't mean recession fears are over.

Tagged as: 

  • Economy

Could the U.S. still see a recession? We got big clues this week on where it's headed

Consumers kept spending and businesses investing in the first half of the year, leading to healthy growth in the U.S. GDP. But there's still some apprehension about a possible recession. Here's why.

July 27, 2023
|
By:
  • David Gura and
  • Scott Horsley
A person pumps gas at a BP gas station in Brooklyn, N.Y., on June 12. Annual inflation eased to 3% in June, the lowest in over two years, and there's hope that it could go lower.

Tagged as: 

  • Economy

Why inflation is losing its punch — and why things could get even better

Annual inflation fell to 3% in June, the lowest since March 2021. That probably won't stop the Federal Reserve from raising rates again, but this month's expected hike could be the last.

July 13, 2023
|
By:
  • Scott Horsley
Traders work on the floor of the New York Stock Exchange on Thursday in New York City. Stocks continued to slump on Monday as the Federal Reserve gears up to raise interest rates in a bid to bring down inflation from 40-year highs.

Tagged as: 

  • Business

Stocks are in the midst of a wild ride as the U.S. gets ready to fight inflation

The Federal Reserve is gearing up to raise interest rates after inflation hit a 40-year high, sparking fears in Wall Street about what these steps will mean for the economy.

January 24, 2022
|
By:
  • David Gura
Consumer prices — including gas — are surging at their highest annual pace in around 40 years.

Tagged as: 

  • Economy

Inflation is still surging and some Democrats see one culprit: Greedy companies

Consumer prices are soaring at their highest annual pace in almost 40 years. Some progressives such as Sen. Elizabeth Warren blame corporate profiteering, but most economists scoff.

January 12, 2022
|
By:
  • Scott Horsley

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