U.S. corporate profits slide, raising risk of recession

Story date: 2007-12-03 03:31:00
Added on: 2007-12-03 04:00:26

International Herald Tribune - ... as measured by the Commerce Department, fell at an annual rate of $19.3 billion in the third quarter from the second, as ... financial sector, where operating earnings fell 25 percent, as banks and brokers were hurt by losses from subprime mortgages ...


Read more...

Related Stories:

• Mortgage Video Gallery

  CNBC - Though the Federal Reserve has been aggressively cutting interest rates, mortgage rates have actually been going up, not down. ......
  2008-02-27 03:53:00

• Housing Nonstarter - Forbes

  How low can housing starts go? Perhaps to a new postwar low. The U.S. Commerce Department reported Wednesday that August housing starts...
  2008-09-17 05:17:00

• Stocks waver after latest housing data

  MSNBC - The Commerce Department report that new home sales fell 9 percent from October to a seasonally adjusted annual rate of...
  2007-12-28 09:20:00

• US 30-year mortgage rates rise again in latest week

  Reuters - U.S. 30-year mortgage rates averaged 6.24 percent compared to 6.04 percent a week earlier, while 15-year mortgages increased to ......
  2008-02-28 09:26:00

• Business events scheduled for the coming month - Forbes

  WASHINGTON - Commerce Department reports on personal income and spending for March; Labor Department reports on weekly jobless claims; Commerce Department reports...
  2008-04-25 03:16:00

• On The Calendar

  Modesto Bee - WASHINGTON -- Labor Department reports on weekly jobless claims; Treasury reports on federal budget for August; Freddie Mac reports...
  2007-09-09 05:14:00

• Bush outlines plans for helping pay mortgages

  AZCentral.com - ... initiatives, which are not aimed at bailing out lenders or speculators, are designed to help homeowners with risky...
  2007-08-31 07:13:00

• Construction spending rebounds slightly (Lexington Herald-Leader)

  Construction spending edged up slightly in November as a continued steep slump in housing was offset by record spending on government and...
  2008-01-02 03:16:43