Posted by Reuters: Business News on November 22, 2011
WASHINGTON (Reuters) – U.S. bank earnings reached their highest point since the second quarter of 2007 but the industry continues to have trouble boosting revenue with the economy struggling.
Posted by Reuters: Business News on October 18, 2011
BEIJING (Reuters) – China’s economic expansion eased slightly in the third quarter to its slowest pace since the second quarter of 2009 as the world’s growth engine strained against tight monetary policy at home and softening demand abroad.
Posted by Reuters: Business News on October 11, 2011
(Reuters) – Alcoa Inc , the largest U.S. aluminum producer, said third-quarter profit jumped from a year ago, but earnings and revenue slipped from the second quarter as economic growth slowed from the first half of this year.
Posted by Reuters: Business News on September 29, 2011
WASHINGTON (Reuters) – The chances of the U.S. economy averting a new recession got a boost on Thursday with claims for jobless benefits falling to a five-month low last week and growth a touch stronger in the second quarter than previously estimated.
Posted by Reuters: Business News on
WASHINGTON (Reuters) – The number of Americans claiming new unemployment benefits fell to a five-month low last week, while the economy grew slightly more than previously reported in the second quarter, the latest suggestion a recession was not in the cards.
Posted by Reuters: Business News on
WASHINGTON (Reuters) – The economy grew slightly more than previously reported in the second quarter, helped by consumer spending and export growth that was stronger than earlier estimated, according to a government report on Thursday that pointed to slow growth rather than a recession.
Posted by Reuters: Business News on September 13, 2011
NEW YORK (Reuters) – JPMorgan Chase & Co’s trading revenue is on track to fall 30 percent this quarter from the second quarter, the bank’s investment banking head said on Tuesday.
Posted by Reuters: Business News on September 1, 2011
NEW YORK (Reuters) – Wall Street was set to open little changed on Thursday after data showed weekly jobless claims declined while nonfarm productivity was weaker than previously thought in the second quarter.
Posted by Reuters: Business News on August 26, 2011
WASHINGTON (Reuters) – The struggling U.S. economy expanded even more slowly than previously thought in the second quarter of 2011, but a breakdown of the growth suggested a new recession could be avoided.
Posted by Reuters: Business News on
WASHINGTON (Reuters) – The U.S. economy grew slower than previously thought in the second quarter as business inventories and exports were less robust, a government report showed on Friday, although consumer spending was revised up.
