Month: January 2019

Facebook Attracts Digital Ads, Share Prices Climb

Facebook Inc reported a higher profit than expected on Wednesday. This showed that digital advertisers were still lining up to spend money on different services to reach customers even after the high profile embarrassing situations of the world’s largest social media platform. Investors were worried whether Facebook’s decision to invest …

Housing Market Struggles As U.S. Private Payrolls Rise

January experienced a slight increase in U.S. private payrolls. This clearly points to sustained labor market strength even with the recent dip in business and consumer confidence which is causing a loss of momentum in the present economy. The ADP National Employment Report showed strong hiring on Wednesday. This suggests …

Microsoft Revenue Dips

Microsoft share prices dipped four percent on Wednesday after the company reported lower than expected second-quarter earnings.  The quarter revenue came to $32.47 billion which is lesser than the $32.51 billion predicted by analysts. The earning per share also took a dip to $1.10 per share compared to the expected …

U.S. Federal Reserve To Be Patient

The Federal Reserve signaled that it’s past three-year drive in tightening monetary policy might be at an end due to the cloudy outlook of the U.S. economy due to impasses over trade, global headwinds, and government budget negotiations.  By keeping interest rates steady, the U.S. central bank discarded its earlier …

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