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Year: 2018

Earnings

PNC Financial hit by cost rise as profit jumps 

October 13, 2018 admin 0

U.S. regional bank PNC Financial Services beat analysts’ estimates for quarterly profit on Friday, but reported a 6 percent rise in operating expenses as it invested in marketing and retail banking. A strengthening U.S. economy […]

Business News

Fed could cause 2019 slowdown with aggressive rate hike agenda

October 13, 2018 admin 0

The stock market could be “headed for big trouble on the earnings front” next year because of the Federal Reserve’s plans to hike interest rates three times in 2019, and CNBC’s Jim Cramer is sounding […]

Retail Business

Elon Musk’s Tesla seeks to trademark ‘Teslaquila’ 

October 12, 2018 admin 0

David Paul Morris | Bloomberg | Getty Images Elon Musk, chairman and chief executive officer of Tesla Motors An April Fool’s joke may become a reality for billionaire entrepreneur Elon Musk. Tesla‘s CEO teased a […]

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  • Here are the winners and losers from the first quarter of 2019
  • 5 places to retire where you can feel rich, yet live on a budget
  • Fed’s Quarles says rate hikes could be ahead ‘at some point’
  • Farm Belt faces an expensive cleanup after already-costly record flooding
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