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Extended Slump in Oil Taking Toll on Industry, Economy
2015-07-31 20:50:33| Chemicals - Topix.net
As drivers, shippers and airlines continue to enjoy lower fuel prices, the oil industry is responding to much lower profits with sharp cuts in spending and employment that are hurting economic growth. Low oil and gas prices are good for the overall economy because they reduce costs for consumers and business.
Tags: industry
taking
extended
oil
Is U.S. Economy Pushing the Fed Closer to a Rate Hike?
2015-07-30 02:29:54| Trucking - Topix.net
Priscilla Hancock of JPMorgan Asset Management and Bloomberg's Michael McKee preview today's Federal Reserve policy statement and examine how U.S. economic data plays into the Fed's decision on when to raise interest rates. They speak on "Market Makers."
Is U.S. Economy Pushing the Fed Closer to a Rate Hike?
2015-07-29 16:54:27| Air Courier - Topix.net
Priscilla Hancock of JPMorgan Asset Management and Bloomberg's Michael McKee preview today's Federal Reserve policy statement and examine how U.S. economic data plays into the Fed's decision on when to raise interest rates. They speak on "Market Makers."
UPS Warns of Sluggish US Economy as Profit Tops Estimates
2015-07-29 07:31:57| Air Courier - Topix.net
Package delivery company UPS on Tuesday reported a better-than-expected second-quarter profit on improved margins, and said U.S. economic growth was being hampered by a strong dollar and an expected interest rate hike. "The continued strength of the U.S. dollar and I think this impending rate hike by the Fed appears to be holding back some U.S. growth," Chief Executive Officer David Abney said on a conference call.
Tags: ups
profit
economy
estimates
After Bumper Q2, UPS Is Seeing 'Mixed Signals In The U.S. Economy'
2015-07-28 20:57:12| Air Courier - Topix.net
United Parcel Service, Inc. reported better than expected second-quarter numbers on Wednesday. EPS of $1.35 for the quarter was up 12 percent year-over-year and came in above analysts' consensus estimate of $1.26.
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