Tag: Economy
The Woomblies return to the place it all started
When the Woomblies take the stage in downtown Franklin this weekend, it’s going to be a homecoming more than 20 years in the making.The...
Stocks open higher; Citi, Wells Fargo lead gains for banks
Stocks are opening broadly higher on Wall Street Wednesday as several big companies reported results that were better than analysts were expecting. The S&P...
Wells Fargo beats expectations with $6 billion profit in 2Q
SILVER SPRING, Md. — Wells Fargo had its most profitable quarter in two years, easily beating Wall Street estimates as the global economy continues...
Citigroup profits soar due to fewer bad loans
NEW YORK — Citigroup profits jumped more than five fold from a year earlier, helped by an improving economy that resulted in fewer bad...
Powell says inflation, though elevated, will likely moderate
WASHINGTON — Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...
Technology stocks drive early gains as latest earnings flow
Big technology companies pushed U.S. stocks higher in early trading as investors reviewed the latest earnings reports and updates on rising inflation.
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Stocks give up an early gain and turn mixed on Wall Street
Stocks gave up an early gain and turned mixed on Wall Street as banks and energy companies fell while other sectors rose.
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Powell says inflation, though elevated, will likely moderate
WASHINGTON — Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...
UK inflation rises to highest level in nearly 3 years
LONDON — Official figures show inflation in the U.K. rising to its highest level in nearly three years because of increases in the prices...
Big jump in Indiana budget surplus triggering tax refund
INDIANAPOLIS — A big jump in Indiana’s state tax collections will result in a refund for taxpayers, although they’ll have to wait for that...