Google Inc (GOOG.O) eased fears that big spending would erode margins as its results blew past Wall Street’s targets, and the Web search leader revealed for the first time the strength of its fledgling mobile and online display ad businesses.
Analysts said strong growth across Google’s core advertising business led to a 25-percent surge in net [...]
Posts Tagged ‘business investment’
Google trumps Wall Street targets, shares soar
October 14th, 2010 by Financial Writer
Tags: business investment, economic recovery, financial markets, financial system, Global Economy, interest rates, investor market, us economy, wall street
more...Wall Street feeling some of Main Street’s economic woes
October 12th, 2010 by Financial Writer
Analysts have recently slashed earnings estimates for a number of big players, and several firms have quietly fired staff. Many more layoffs are expected by early next year.
Reporting from New York — For a while, Wall Street seemed impervious to the economic woes clobbering Main Street, with bank profits, bonuses and share prices rebounding sharply.
Not [...]
Tags: business investment, economic growth, financial crisis, financial services, loans, unemployment rate, us economy, wall street
Obama Signs Bill to Cut Taxes for Small Businesses
September 27th, 2010 by Financial Writer
President Barack Obama signed legislation that will cut taxes and provide credit help for small businesses, calling it an essential step for job growth in a slow economy.
Small businesses “have borne the greatest brunt of this recession” because of lower demand from consumers and less available credit, Obama said.
The government “can’t create jobs to replace [...]
Tags: business investment, economic recovery, financial system, money, obama administration, stock market, us economy, us treasury
Imports slow second-quarter growth
July 31st, 2010 by Financial Writer
Economic growth slowed in the second quarter as a capital investment drive by businesses sucked in imports at the fastest pace since the first quarter of 1984.
Gross domestic product expanded at a 2.4 percent annual rate, the Commerce Department said in its first estimate on Friday, after an upwardly revised 3.7 percent growth pace in [...]
Tags: business investment, businesses, commerce department, economic growth, financial crisis, financial system, taxpayers, unemployment rate, us stocks
U.S. Economy Grew 2.4% in Second Quarter, Below Forecast
July 30th, 2010 by Financial Writer
Growth in the U.S. slowed to a 2.4 percent annual rate in the second quarter, less than forecast, reflecting a larger trade deficit and an easing in consumer spending.
The increase in gross domestic product compared with a median forecast of 2.6 percent of economists surveyed by Bloomberg News and follows an upwardly revised 3.7 percent [...]
Tags: business, business investment, commerce department, consumer spending, economists, global recovery, investment, us manufactured
U.S. economic growth revised lower to 2.7% for first quarter
June 25th, 2010 by Financial Writer
The U.S. economy grew at a 2.7% pace in the first quarter, the Commerce Department said Friday, an annualized rate that came in lower than what government forecasters had previously projected.
Economists have never been too impressed with the composition of growth in gross domestic product in the first quarter. More than half of the GDP [...]
Tags: business investment, commerce department, consumers, economic growth, economists, economy recovery, financial, us economic, us economy
Gold touches record high as investors fear recession
June 8th, 2010 by Financial Writer
Palladium contract rallies as copper bucks sector’s upward trend.
Gold futures rose to a record Tuesday, spurred by continued fears about prospects for a worldwide slide into recession and as investors sought out an alternative to currencies.
Gold for August delivery, the most active contract, added $6.40, or 0.5%, to $1,246.10 an ounce on the Comex division [...]
Tags: business investment, Debt, debt crisis, economy recovery, financial markets, inflation, investor market, money, recession, us stocks
World Bank warns unemployment threatens US economy
November 11th, 2009 by Financial Writer
Stubbornly high joblessness threatens to trigger loan defaults and drag on consumption next year, hobbling a U.S. economy struggling to rebound from recession, World Bank President Robert Zoellick said Wednesday.
Zoellick warned that the U.S. unemployment rate, which jumped to a 26-year high of 10.2 percent in October, will likely remain elevated in 2010.
“You’re going to [...]
Tags: business investment, loans, mortgages, recession, unemployment, us economy, world bank