The company posts a revenue dip and says the pay levels in the new labor agreement with the Teamsters are higher than it had planned.
You might’ve heard of the “wage-price spiral.” Does a similar phenomenon exist when it comes to corporate profits?
Profits fell for the second quarter in a row, partly due to Fed rate hikes. Whether it’s a good thing depends on your role in the economy.
Here's a look at why American companies are making more money, and how they're spending it.
President Donald Trump reminded Fox News’ Tucker Carlson last night that he aims to bring taxes “way down” on businesses, from 35 percent to 15 percent. But a lot of companies don’t pay 35 percent, because they take deductions and exclusions to shave their tax bill. A drop in the overall tax rate could make […]