Week in Preview: The Earnings Crunch Continues

Dozens of companies report earnings this week, and analysts surveyed by Thomson Reuters are anticipating lots of strong quarterly reports. Among those posting improved results should be Microsoft and Visa. However, likely to p…

OECD Raises Second Quarter Growth Estimate

The Organization for Economic Cooperation and Development upped its estimate for second quarter economic growth among its 33 member nations on signs that investment rose.

Gross domestic products in OECD countries increased by an average of 0.9% in th…

This Year’s Federal Deficit: About 10% of the GDP

The federal deficit will amount to the equivalent of approximately 10% of U.S. gross domestic product for the fiscal year, which ended Sept. 30, according to a Treasury official. That’s about the same percentage as the previous…

U.S. Economy Grew 1.7% in Second Quarter

The final numbers on U.S. GDP growth for the second quarter are in, and they’re a bit better than the previous revision’s reading. GDP inched 1.7% higher in the second quarter, up from the earlier 1.6% estimate.
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