Author: super@dmin
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Earnings Results: Exxon Mobil and Chevron together take in more than $30 billion in net income as natural gas prices soared
Shares of Exxon Mobil Corp. rallied into record territory Friday, as profit nearly tripled and revenue soared more than 50% to top the $100 billion mark again, fueled by a surge in natural-gas prices and record refining volumes.
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: There are 40 million renters in America. Their ‘political mobilization’ could influence the midterm elections.
Renters have plenty of reason to be frustrated right now, and economic issues will be central to this election, a new report says.
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: COVID-19 may be to blame for the surge in RSV illness among children. Here’s why.
A number of young children are being hospitalized because of respiratory syncytial virus, or RSV, and it’s happening at an unusual time of year. COVID-19 may be to blame.
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Economic Report: U.S. third-quarter wage pressures cool a little from elevated levels
The employment cost index rose 1.2% in the third quarter, down slightly from a 1.3% gain in the April-June quarter, the Labor Department said Friday.
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Key Words: Janet Yellen says ‘I don’t see signs of a recession in this economy at this point’
The Treasury Secretary cited low unemployment as being a key factor in the country’s economic well-being during a recent interview
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Coronavirus Update: WHO panel says no evidence yet that new omicron subvariants are more risky than others that are circulating
The omicron sublineages named BQ.1 and XBB do not appear to have immune escape mutations that warrant their being designated as variants of concern
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: Nancy Pelosi’s husband hospitalized after violent assault at the couple’s San Francisco home
Paul Pelosi, the husband of House Speaker Nancy Pelosi, was ‘violently assaulted’ early Friday following a break-in at the couple’s residence in San Francisco, the speaker’s office said.
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Economic Report: Decline in U.S. pending home sales gathers steam in September
U.S. pending-home sales fell 10.2% in September, which is the fourth straight monthly drop, the National Association of Realtors said on Friday.
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Mark Hulbert: Bad news for bulls: The stock market is still trading above its long-term trend despite this year’s deep slump
However, prospects look much more attractive compared with the start of 2022.
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The Ratings Game: Intel stock jumps on third-quarter earnings beat and cost cutting, but concerns linger
Intel Corp.’s stock jumped 5.7% before market open on Friday, lifted by the chip maker’s third-quarter earnings beat, slightly better-than-expected PC chip sales and a major cost-cutting plan.