about to blast out a blizzard of quarterly profit and sales numbers over the next few weeks, as the carnival of Q4 corporate results kicks off.Large banks will open the floodgates, issuing reports early Friday that mark the unofficial start of earnings season on Wall Street.Earnings reports tell investors, analysts and economists how the economy translates into sales and profits for corporations. They also make stocks move — sometimes a lot.
Though profits initially took a hit in 2020, they rebounded to what was almost certainly record highs last year. You'll sometimes hear executives bellyaching about recent inflation trends such as rising raw material prices, and increasing wages, arguing that they could cut into profits.— showed them up nearly 10% as of November, compared to the previous year.
Corporate America will always win
Society gets more of that which turns profits. Windfall profit taxes are the antidote to Disaster Capitalism.
While they cried they didn't. They used their workers, lied to them. They can never give raises because, but the high end employees do real well while the convince their workers they need their help they are so poor
Crude oil prices are high & going to go higher due to investors who want to get $100/barrel. Kill two birds with one stone, make money & blame politicians.
How come you described price gouging but didn't call it price gouging?
Inflation though
Good. That means someone is doing their job responsibly.
If corporations have profits, then the states and IRS has very good tax revenue. No?.
A complete overhaul of our Federal is needed. Proposals: 1.Term Limits on Congress 2. Term Limits on the Supreme Court 3. Rank Choice Voting 4. Federal Balance Budget Amendment. 5. Nonpartisan election We need something different done for our nation and hope is lost now.
Yea with shills like Axios et al scaring the hell out of everyone and providing cover for fascist policy it was corporate robbery of the middle class. Well done elites.
Them only
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