The crisis in the eurozone is hitting profits everywhere; Anglo-Dutch oil giant "Shell" is the latest. Shell says this morning earnings fell 13 percent compared to the same quarter last year. This follows a string of U.S. companies blaming Europe.

Nearly halfway through earnings season, companies are making profits but falling short on sales. The sluggish economy is taking a toll.

At some prospering businesses like Caterpillar, which reports earnings tomorrow, record corporate profits do not necessarily raise workers pay.

Bank of America just reported its quarterly earnings and they're better than expected: $2.5 billion in profit. What does that mean for the U.S. economy on the whole?