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Durable Goods in U.S. Dropped 1.3%

Durable Goods in U.S. Dropped 1.3%

Orders to companies in the U.S. for long term manufactured goods dropped for the second straight month during September, while a critical category that signals the investment plans for business dropped by its biggest number in the past eight months. However, analysts view the declines as only temporary, and believe […]

Dollar Tree Profit Misses Expectations Even with Boost in Sales

Dollar Tree Profit Misses Expectations Even with Boost in Sales

Dollar Tree said its profit for the latest quarter was down as the discount retailer is working to integrate a recently acquired competitor, though that acquisition added a more than two-fold increase in revenue. The company based in Chesapeake Virginia completed its acquisition of $9 billion of Family Dollar last […]

Wall Street Earnings Up while S&P Posts Top Weekly Advance

Wall Street Earnings Up while S&P Posts Top Weekly Advance

USA, New York, Wallstreet, BörseWall Street earnings were up in Friday’s trading but the S&P 500 posted its best weekly advance in two years. Gains from companies like Microsoft and Procter & Gamble helped boost US shares but also declining concerns about the deadly Ebola virus spreading. From its low […]

The Collapse Of The Ruble And Its Ripple Effects

The Collapse Of The Ruble And Its Ripple Effects

The Russian ruble had almost literally turned to rubble. Geopolitical crises, coupled with the accelerated fall in the second half of 2014, have crushed the ruble. Russia’s central bank has taken numerous steps to stabilize the plunging currency but have thus far failed in their efforts. The ruble’s collapse has […]