Profits Top Forecasts

Worst global growth for 6 years forecast due to tariffs

The World Bank predicts global economic growth of 2.7% this year amid concerns living standards will struggle to improve.

BBC News - Jan. 16

Sub-freezing temperatures, sunshine forecast for Trump inauguration

Sub-freezing temperatures and sunshine are forecast for President-elect Trump’s inauguration Monday. The bitter cold follows a period of wintry weather in the Washington area that featured a few ...

The Hill - Jan. 16

Bank of America profits boosted by loan growth and robust trading

Strong results echo other big Wall Street banks

Financial Times - Jan. 16

California fires weather forecast: Winds begin to relax, but forecast to return

The winds fueling fires in Southern California are beginning to relax, but the forecast calls for their return next week.

ABC News - Jan. 16

UK economy’s 0.1% growth fails to hit forecasts

November expansion is first since August as pressure on chancellor Rachel Reeves to rebuild confidence grows

Financial Times - Jan. 16

Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom

Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom

ABC News - Jan. 16

TSMC cuts profitability target as cost of diversifying supply chains bites

World’s biggest chipmaker faces less efficient operations in US and Japan but gets boost from AI demand

Financial Times - Jan. 16

TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand

TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.

CNBC - Jan. 16

Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength

The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.

CNBC - Jan. 15

JPMorgan Chase posts record profit as the bank's massive scale pays off

JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history.

NBC News - Jan. 15

JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits

The largest banks, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported bumper profits on Wednesday.

The New York Times - Jan. 15

How Nissan's profits dropped 90% in one year

Merging with rival Honda may be Nissan's best shot at survival. The Japanese automaker is struggling around the world, including the U.S. and China.

CNBC - Jan. 15

JPMorgan Chase posts record profit as the bank’s massive scale pays off

The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.

CNBC - Jan. 15

Air Traffic Growth Forecasts Clash With Climate Goals, Study Says

Airline passenger counts will more than double within 25 years, and more flights will mean more global carbon emissions, an advocacy group warned at a major industry conference.

Inc. - Jan. 13

What's the CD interest rate forecast for 2025?

Planning to open a CD account? It may help to know where experts say CD rates could head this year.

CBS News - Jan. 13

At least 24 people dead in California wildfires with more high winds in forecast

The death toll from the wildfires that have scorched Los Angeles County has risen to at least 24. More high winds are in the forecast, threatening to fan flames further. CBS News correspondent ...

CBS News - Jan. 13

China corporate profits set for third year of declines

Oversupply drives intense competition that is undermining prices and profitability

Financial Times - Jan. 13

Dangerous wind gusts forecasted as LA wildfires rage on

NBC’s Angie Lassman tracks the latest forecast for Southern California including the expected return of the dangerous Santa Ana winds.

NBC News - Jan. 12

How to Build a Profitable Service-Based Business Without Losing Your Sanity

Powerful strategies to build a lean, profitable, and sustainable service-based business.

Inc. - Jan. 11

California fires weather forecast: Strong winds expected to increase fire danger

There has been a reprieve from the strongest winds in southern California, but winds are expected to pick up later into tonight, raising the fire danger.

ABC News - Jan. 11

As Delta Reports Profits, Airlines Are Optimistic About 2025

The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.

The New York Times - Jan. 11

Global 2025 Growth Forecast at Modest 2.8 Percent

An annual United Nations report said the economic year ahead will feature stable, but subpar expansion.

Inc. - Jan. 10

California fires weather forecast: Red flag warning to end Friday night

Strong Santa Ana winds are hitting fire-ravaged Los Angeles on Friday morning, but the winds will relax later in the day and the red flag warning will end Friday night.

ABC News - Jan. 10

Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views

The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.

The Wall Street Journal - Jan. 10

Heavy Snow and Ice Is Forecast for Southern U.S. on Thursday and Friday

Parts of Texas, Oklahoma and Arkansas began to see snowfall on Thursday as Southern states stretching to the Carolinas brace for the storm to reach them on Friday.

The New York Times - Jan. 9

Uncertainty Over Trump’s EV Policies Clouds 2025 Forecast for Carmakers

Possible tariffs and an end to a $7,500 tax credit are only two factors that could affect automakers’ plans as the new administration assumes power.

Inc. - Jan. 9

U.N. Raises Global Growth Forecast, but Warns of Potential Inflation Risks

An increase in trade barriers would likely reignite price pressures, the organization says ahead of Trump’s plan to impose new tariffs.

The Wall Street Journal - Jan. 9

California wildfire forecast: LA under critical fire risk with gusty winds forecast

High pressure is building from the north and that will help to tighten the pressure gradient over southern California, producing more gusty winds.

ABC News - Jan. 9

7-Eleven owner’s sharp profit fall adds to takeover pressure

Seven & i operating profit drops 24% as it tries to fend off $47bn buyout offer from Canada’s Couche-Tard

Financial Times - Jan. 9

Fed’s Waller sees cooler inflation despite higher forecasts

Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price projections from the central bank and growing expectations among investors ...

The Hill - Jan. 8

Latest weather forecast as massive California wildfires spread

The strong winds fueling the wildfires in Los Angeles County spread quickly and led to thousands of evacuations. CBS News Los Angeles teams break down how the fires took over, and CBS News Bay Area ...

CBS News - Jan. 8

California fire forecast: Wind speeds remain high as wildfires rage

A damaging Santa Ana wind event was peaking early Wednesday and was expected to stay strong through early afternoon.

ABC News - Jan. 8

FanDuel’s parent company just issued a profit warning. Blame the Detroit Lions.

There aren’t enough upsets in the National Football League, and that’s upsetting for investors in sports betting companies including Flutter Entertainment, the owner of FanDuel.

MarketWatch - Jan. 8

Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business

Fourth-quarter earnings hit by greater investments in advanced chip manufacturing

Financial Times - Jan. 8

Disney’s stock gets upgrade amid content ‘renaissance’ and streaming profit growth

Walt Disney Co.’s stock was upgraded to buy Tuesday by analyst firm Redburn Atlantic, which cited improved content performance and growth in streaming profit.

MarketWatch - Jan. 8

Samsung Expects Further Profit Growth Slowdown, Missing Estimates

The world’s largest maker of memory chips and smartphones said sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business for the quarter.

The Wall Street Journal - Jan. 7

Winter Storm Forecast to Bring Snow and Ice to Texas

Just after the season’s first major winter storm, snow and ice are set to sweep across Texas and into the Carolinas this week.

The New York Times - Jan. 7

Annual ‘winners’ for most egregious US healthcare profiteering announced

Selling body parts without consent and billing desperate parents $97,599 for air transport among worst examples. The 2024 “winners” of the annual Shkreli awards , given each year to perpetrators ...

The Guardian - Jan. 7

The latest forecast covering the UK

BBC weather presenter Darren Bett has the latest UK forecast for Tuesday.

BBC News - Jan. 7

See the latest forecast covering the UK

The BBC's Carol Kirkwood explains what the next few days will look like across the UK.

BBC News - Jan. 6

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