Russia’s Rosneft net income has fallen more than 68% to 245 billion roubles ($3 billion) in the first half of the year due to weak oil prices, Reuters reported on Aug. 30, citing industry sources. Oil prices were dragged down by production hikes by Saudi Arabia and other states of the Organization of the Petroleum Exporting Countries (OPEC+). The head …
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Personal Income and Outlays, July 2025 – U.S. Bureau of Economic Analysis (BEA) (.gov)
Personal Income and Outlays, July 2025 U.S. Bureau of Economic Analysis (BEA) (.gov) Core inflation rose to 2.9% in July, highest since February CNBC PCE Inflation Stayed Stable in July, Keeping Fed on Track to Lower Interest Rates The New York Times US consumer spending strong in July; services inflation warms up Reuters Inflation is climbing. Trump might still get lower rates. Politico Source link
Read More »SpaceX Has Likely Skirted Federal Income Taxes for Decades, Investigation Reveals
Since its founding in 2002, Elon Musk’s SpaceX has emerged as the leading force in commercial spaceflight and a key launch provider for the U.S. government. A recent investigation suggests its dominance may stem—at least in part—from two decades of federal tax avoidance. Internal company documents reviewed exclusively by The New York Times show that SpaceX can exploit net operating …
Read More »US budget deficit climbs despite record income from Trump’s tariffs
WASHINGTON (AP) — The U.S. budget deficit in July climbed 20% this fiscal year compared to the last despite the U.S. taking in record income from President Donald Trump’s tariffs, according to Treasury Department data released Tuesday. The U.S. saw a 273% increase — or $21 billion — in customs revenue in July over the same period last year, the …
Read More »PS5’s Profit Margin Problems Are a Thing of the Past as Division Tops $1 Billion Operating Income for Q1 2025
Image: Push Square In every conceivable measure, the PlayStation business is absolutely thriving. While there’s been a huge amount of chatter about the trajectory of consoles in 2025, Sony’s latest financial report paints a completely different picture. Over the last few years, one criticism that’s been levelled at the PlayStation business is its razor thin margins. But in the three …
Read More »Personal Income and Outlays, June 2025 – U.S. Bureau of Economic Analysis (BEA) (.gov)
Personal Income and Outlays, June 2025 U.S. Bureau of Economic Analysis (BEA) (.gov) Consumer spending heated up a bit last month – but so did inflation CNN Fed’s go-to inflation indicator edges higher in June as tariffs ramp up Axios Key Inflation Measure Rose in June, Adding to Pressure on Fed The New York Times Treasury yields slip as traders weigh new U.S. inflation …
Read More »SoFi Reports Second Quarter 2025, Accelerates Net Revenue Growth to Record $855 Million, Record Member and Product Growth, and Net Income of $97 Million – Business Wire
SoFi Reports Second Quarter 2025, Accelerates Net Revenue Growth to Record $855 Million, Record Member and Product Growth, and Net Income of $97 Million Business Wire SoFi Stock Is Rising on Blockbuster Earnings. CEO Sees ‘Strong Demand.’ Barron’s BlackRock-backed firm records shocking revenue growth Yahoo Finance SoFi Stock Pops on Outlook Raise as Members Keep Piling In The Wall Street Journal SoFi’s stock soars …
Read More »Top Wall Street analysts recommend these dividend stocks for regular income
A sign is posted on the exterior of a Verizon store on September 30, 2024 in Daly City, California. Justin Sullivan | Getty Images News | Getty Images As the stock market focuses on major earnings and negotiations on the tariff front, investors seeking a regular income stream continue to look for attractive dividend stocks amid ongoing volatility. To this …
Read More »Trump says he may want to give you a tariff rebate check: ‘A little rebate for people of a certain income level might be very nice’
President Trump has suggested that as part of his tariff policy, he would consider sending out rebate checks or tariff refund checks to Americans, funded by the revenue collected from the tariffs imposed on imported goods. “We have so much money coming in, we’re thinking about a little rebate for people of a certain income level,” Trump told reporters Friday outside the White House. …
Read More »To work, he needs his medicine and his Medicaid, so he doesn’t reveal all his income : Shots
In Montana, one man says Medicaid and the drug coverage he gets through it are what allow him to work. But a raise he has gotten could mean he loses Medicaid, so he says he decided to “fudge the numbers.” Oona Zenda/KFF Health News hide caption toggle caption Oona Zenda/KFF Health News MISSOULA, Mont. — As congressional Republicans finalized Medicaid …
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