Financial Performance

Markets Right Now: Stocks manage meager gains on Wall Street

Nov 12, 2019

Stocks are closing with tiny gains on Wall Street, eking out another record high close for the Nasdaq. Health care and materials companies rose the most on Tuesday, but the gains were checked by losses in real estate, energy and other sectors.

JPMorgan Chase 3Q profits up 8% but loan growth slows

Oct 15, 2019

JPMorgan Chase 3Q profits rise by 8% from a year earlier, beating analysts' expectations, helped partly by higher interest rates

The Latest: British PM questions Thomas Cook bosses' pay

Sep 23, 2019

Prime Minister Boris Johnson says a "huge effort" is underway to bring home British tourists and passengers stranded abroad by the sudden collapse of travel company Thomas Cook

FedEx profit falls, company cites uncertainty over trade

Sep 17, 2019

FedEx's profit drops 11% as the company is hit by slowing global growth and loss of business with Amazon

The Latest: Other opioid claims move ahead amid bankruptcy

Sep 16, 2019

Lawyers representing local governments say claims blaming the drug industry for the opioid crisis will continue even after one key company filed for bankruptcy protection

Purdue Pharma files for bankruptcy as part of settlement

Sep 16, 2019

The company that made billions selling OxyContin has filed for bankruptcy protection

PG&E reaches $11B deal with California wildfire insurers

Sep 13, 2019

A group of insurance companies representing claims from 2017 and 2018 Northern California wildfires reached an $11 billion settlement with Pacific Gas & Electric

Chaotic talks show challenge of reaching opioid settlement

Sep 13, 2019

The judge overseeing national litigation over the opioids crisis for months has urged all sides to reach a settlement that could end thousands of lawsuits filed by state and local governments, but developments this week underscore how difficult that is

Catholic diocese in upstate New York files for bankruptcy

Sep 12, 2019

A Roman Catholic diocese in upstate New York has become the latest to declare bankruptcy amid a wave of lawsuits over alleged sexual abuse of children

Alibaba's Ma steps down as industry faces uncertainty

Sep 10, 2019

Alibaba founder Jack Ma steps down as its chairman as Chinese e-commerce faces rapid change, uncertainty in tariff war

The Budget Report seeks to provide comprehensive coverage and analysis on the current economic, financial issues around the world. First hand finance and economic news all day, every day.