Financial Performance

US stocks edge higher following mixed jobs report

Sep 6, 2019

Stocks edged higher on Wall Street in midday trading Friday as investors weighed new data showing U.S. employers added fewer than expected jobs in August even as the unemployment rate remained near the lowest level in five decades

Lego aims to expand sales in China, India

Sep 3, 2019

Toy maker Lego says its revenue rose 4% in the first half of 2019 but significant investments to create long-term growth led to a 12% drop in net profit

A pharmaceutical fortune, dispersed in a global labyrinth

Aug 29, 2019

An Associated Press review of court papers, securities filings and documents leaked from an exclusive Bermuda law firm shows that the Sackler family that owns Purdue Pharma has shielded its wealth in a web of companies and trusts, much of it overseas

Corporate profits slump again in 2Q

Aug 22, 2019

Corporate profits fell for a second straight quarter in the spring, as the tax cut windfall wears off and companies contend with uncertainty caused by the Trump administration's trade war with China

Air New Zealand blames profit dip on engine issues, fuel

Aug 22, 2019

New Zealand's national carrier says increased fuel costs and engine problems were the main reasons why its annual profit dropped by more than 30 percent

Major US stock indexes finish lower, snapping a 3-day rally

Aug 20, 2019

Stocks fell broadly on Wall Street Tuesday after another slide in bond yields and a mixed batch of corporate earnings weighed on the market

Markets Right Now: Stocks head higher at end of a wild week

Aug 16, 2019

Stocks are moving broadly higher on Wall Street at the end of a wild week but are still headed for their third losing week in a row.

China's auto sales sink in July, extending yearlong decline

Aug 13, 2019

China's auto sales sink 3.9% in July from a year earlier, extending a year-long contraction in the industry's biggest global market

Stocks move higher as investors push through trade anxiety

Aug 8, 2019

Stocks are marching broadly higher on Wall Street as investors at least temporarily set aside concerns about the heated trade war between the U.S. and China that roiled the market earlier in the week

Stocks slide as rate cuts stoke fear of an economic slowdown

Aug 7, 2019

U.S. stocks slide as central banks around the world cut rates and stoke fear that the U.S.-China trade war will damage global economic growth.

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.