Corporate profits

economic survey: Corporate profits nearly quadrupled, but employee salaries didn’t: Economic Survey urges firms to raise compensation

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economic survey: Corporate profits nearly quadrupled, but employee salaries didn’t: Economic Survey urges firms to raise compensation

The Indian corporate sector has reported significant financial growth in recent years, yet this prosperity has not translated into proportional increases in job creation or employee compensation, according to the Economic Survey for 2023-24. Financial Performance vs. Hiring Trends The Economic Survey highlights that the corporate sector’s profits have surged, with over 33,000 companies showing … Read more

Sinking profits bring reality check to AI-driven rally in emerging market stocks

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Sinking profits bring reality check to AI-driven rally in emerging market stocks

Just as enthusiasm over artificial intelligence and China’s stimulus fades, a familiar weakness has come back to haunt equity investors in emerging markets: sinking corporate profits. With 96% of companies in the MSCI Emerging Markets Index done with their quarterly results, the earnings season is almost over. And the picture isn’t pretty — Almost half … Read more

Why California faces high gas prices

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Why California faces high gas prices

California is home to some of the highest gas prices in the United States, according to AAA. The national average for a gallon of regular unleaded was $3.40 as of Thursday, according to the organization’s data. In California, the average was $4.87, more than any other state. Several factors go into what drivers pay for … Read more