Finance – Bert Martinez

November 3, 20230Comments

What Is the Triple Bottom Line?

Historically, most companies’ time, energy and resources have focused on their bottom lines and securing the best financial performance for their shareholders. But times are changing and, increasingly, people want

by Janice Thompson

Business

Finance

September 7, 20230Comments

Federal Reserve official agrees the central bank can ‘proceed carefully’ on interest rates

Markets are nearly certain the Fed will skip a rate increase at its Sept. 19-20 meeting. There have been 11 interest rate hikes since March 2022. Federal Reserve Governor Christopher Waller

by Janice Thompson

Finance

August 24, 20230Comments

3 smart places to put your money today

When it comes to creating a solid financial plan, there are a range of factors to consider. For starters, you need to ensure that you have a working budget so

by Adam Lee

Banking

Finance

August 1, 20230Comments

Fed to pause interest-rate hikes?

A September pause in interest-rate hikes is looking increasingly likely, Wall Street economists say, amid milder-than-expected inflation, moderated consumer spending and lessening wage pressures. Federal Reserve Chair Jerome Powell had

by Adam Lee

Finance

Transportation

July 30, 20230Comments

Trucking firm Yellow closes

Yellow, one of America's biggest and oldest trucking companies, shut down operations on Sunday and laid off workers at all locations. The 99-year-old company cut about 33,000 jobs, 22,000 of

by Adam Lee

Banking

Finance

July 26, 20230Comments

Fed lifts rates to 22-year high

The Federal Reserve lifted interest rates again on Wednesday, reaffirming its commitment to achieving a 2% annual rate of inflation. “We’ve covered a lot of ground and the full effects

by Adam Lee

Finance

July 19, 20230Comments

Goldman earnings take big hit

Goldman Sachs announced Wednesday that its second-quarter earnings came in below analysts' projections — at $3.08 a share versus an estimated $3.18. The recent quarter, which saw a 58% profit

by Janice Thompson

Finance

July 19, 20230Comments

Startups suffer as banks soldier on

Most bank stocks, including an index of regional financial institutions, rose early Tuesday as second-quarter earnings keep showing unexpected resilience. Tech giants — Apple, Amazon, Alphabet, LinkedIn parent Microsoft and

by Janice Thompson

Finance

July 19, 20230Comments

Big banks upbeat on US economy

Bank of America's second-quarter earnings were up 19% over last year's, the company reported Tuesday, adding to a stream of better-than-forecast results from large U.S. lenders. Revenue also saw double-digit

by Janice Thompson

Business

Finance

July 5, 20230Comments

Record fine set to hit Illumina

The EU will charge gene-sequencing giant Illumina with a record fine, according to the Financial Times. The expected penalty of $435 million, or 10% of the company's revenue, comes after

by Janice Thompson

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