The largest U.S. companies are beating the average stock in the Standard & Poor’s 500 Index by the most in more than a decade, fueled…
BloombergWho's the King of Smartphone Sales?PCWorldBy John P. Mello Jr., PCWorld Apr 29, 2012 10:24 AM Android phone stalwart Samsung has announced record profits for the first three months of this year, profits driven by its flourishing smartphone…
The nation’s major health insurers are barreling into a third year of record profits, enriched in recent months by a lingering recessionary mind-set among Americans who are postponing or forgoing medical care.
The UnitedHealth Group, one o…
At the end of March, Neil Barofsky, on his final day as the special inspector general of the Troubled Asset Relief Program (TARP), published a scathing indictment of the program over which he’d served as watchdog since its inception in that awful,…
The wealthiest 5% of Americans control 72% of America’s financial wealth. The bottom 80% control only 7% of the nation’s financial wealth. The richest 400 Americans have more combined wealth than the poorer HALF of all Americans. That means 400 p…
January 10, 2011
Fed Pays a Record $78.4 Billion to Treasury
By SEWELL CHAN
WASHINGTON — Central banking in the aftermath of a financial crisis is a lucrative business, it turns out.
The Federal Reserve will deliver a record $78.4 billion to the T…
Freight Rates Tumbling as 35 Miles of Ships Passes Ore Demand
By Alistair Holloway – Jan 10, 2011 8:55 AM ET
At a time when analysts anticipate record profits for the biggest mining companies and a third year of gains in commodity prices, shipping lin…
