Amazon just made its earnings conference call today and things are not looking good for the retailer giant. The company reported a staggering third quarter loss of $544 million, compared to last year's loss of $25 million from the same quarter.
ew economic forces are more important than commodity prices. When they rise they transfer riches and power from consumers to producers; when they fall, it is as near as anything in economics to a free lunch for consumers.
Ford Motor Co. (F:US), making less money while F-150 truck production is suspended, said third-quarter profit fell less than analysts had projected as the company continues to grow in China where it now outsells Toyota.
Middle-class individuals throughout the United States have a median of just $20,000 total saved for retirement, compared to the $250,000 necessary to sustain their way of lives after leaving their jobs, according to a recent Wells Fargo survey.
US stock index futures fell yesterday on news that a 33-year-old doctor named Craig Spencer, who flew from West Africa to New York a week ago, has contracted the Ebola virus.