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Federal government posts widest deficit since 2012

The U.S. federal government closed the 2018 fiscal year $779 billion in the red as tax cuts hit revenues and the government paid more to service a growing national debt, according to Treasury Department data released on Monday......»»

Category: topSource: moneycentralOct 15th, 2018

Federal government posts widest deficit since 2012

The U.S. federal government closed the 2018 fiscal year $779 billion in the red as tax cuts hit revenues and the government paid more to service a growing national debt, according to Treasury Department data released on Monday......»»

Category: topSource: moneycentralOct 15th, 2018

Jeff Bezos’ $2 billion charity pledge isn’t necessarily great news for America

Americans gave a record amount to charity in 2017, much of it in ‘mega gifts.’.....»»

Category: topSource: marketwatchSep 18th, 2018

Charitable giving is at a record high. Here’s where we’re donating our money

Charitable giving surged to a record high in 2017 as Americans gave more than $400 billion for the first time ever to a wide variety of organizations, according to a new report released Tuesday.      &n.....»»

Category: topSource: usatodayJun 12th, 2018

Charitable giving tops this milestone for the first time ever as it surges to record high

Charitable giving surged to a record high in 2017 as Americans gave more than $400 billion for the first time ever to a wide variety of organizations, according to a new report released Tuesday.      &n.....»»

Category: topSource: usatodayJun 12th, 2018

Memphis vs. Nashville: See which areas are banking the most money

Memphis and Nashville banks account for a huge chunk of the $147 billion in bank deposits in Tennessee. But, Nashville held a sizable lead in bank deposits as of June 2017, with $57 billion — almost 40 percent of Tennessee’s total — at its lo.....»»

Category: topSource: bizjournalsMay 14th, 2018

Treasury: March Budget Deficit $208.74 Billion, Up 18% From Year Earlier

The U.S. government’s budget deficit widened in the first half of its fiscal year as spending rose faster than revenues compared with the first six months of fiscal 2017......»»

Category: smallbizSource: wsjApr 11th, 2018

Searchable database: Find out how much Ohio pays state workers

In 2017, the state of Ohio paid out $3.2 billion in total compensation to state workers. Or, if you're not into rounded numbers: $3,214,580,355.09. Or, if you're into averages: $54,154 per worker. According to the state-supplied salary data, Gov......»»

Category: topSource: bizjournalsApr 9th, 2018

Regions Financial Corp. posts $390 million profit in fourth quarter

Regions Financial Corporation (NYSE:RF) reported a $390 million profit in the fourth quarter, as well as a profit of more than $1.5 billion for 2018. The fourth-quarter earnings represented a 28 percent increase compared to the fourth quarter in 2017. .....»»

Category: topSource: bizjournals17 hr. 5 min. ago

11 US Natural Disasters Last Year Each Caused Over $1 Billion in Damages

Compared to 2017, last year's estimate for natural disasters causing more than $1 billion in damages appears to be a big improvement......»»

Category: blogSource: 247wallst22 hr. 20 min. ago

Microsoft commits $500 mln for housing in Seattle

Microsoft gave half a billion dollars to address the affordable housing crisis in Seattle's suburbs, the Eastside of King County and the Puget Sound. Fred Katayama reports......»»

Category: videoSource: reutersJan 17th, 2019

BB&T reports record annual earnings of $3.1 billion; $3.91 per diluted share; Quarterly earnings totaled $0.97 per diluted share, up 26.0 percent compared to 2017

WINSTON-SALEM, N.C., Jan. 17, 2019 /PRNewswire/ -- BB&T Corporation (NYSE:BBT) today reported earnings for the fourth quarter of 2018. Net income available to common shareholders was $754 million. Earnings per diluted common .....»»

Category: earningsSource: benzingaJan 17th, 2019

For The First Time Ever, Wall Street Banks Top $100 Billion In Profit

One may not know it by looking.....»»

Category: blogSource: zerohedgeJan 16th, 2019

It"s official: Wall Street topped $100 billion in profit

The six biggest U.S. banks have never had a $100 billion year. Until now......»»

Category: topSource: moneycentralJan 16th, 2019

The nation"s largest banks enjoyed $111 billion in record profits last year — with more to come

The six biggest U.S. banks have never had a $.....»»

Category: topSource: latimesJan 16th, 2019

It’s Official: Wall Street Topped $100 Billion in Profit

The six biggest U.S. banks have never had a $100 bil.....»»

Category: europeSource: fortuneJan 16th, 2019

Blackstone close to raising record $20 billion real estate fund

Blackstone is close to raising the largest-ever real estate fund, at $20 billion.The multinational private equity and asset management company would thereby amplify its influence over prices paid for... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 15th, 2019

PG&E plunges for second day after step toward bankruptcy

Shares in California power company PG&E fell sharply for a second day on Tuesday as investors took fright at the prospect of bankruptcy proceedings to protect from $30 billion in potential liabilities related to wildfires in 2017 and 2018......»»

Category: topSource: reutersJan 15th, 2019

Wells Fargo closes out 2018 with solid fourth-quarter earnings results

Wells Fargo & Co. (NYSE: WFC) gave a stronger showing to round out 2018, posting net income of $6.1 billion, or $1.21 in diluted earnings per share, during the fourth quarter. The bank released its fourth-quarter earnings report Tuesday morning. .....»»

Category: topSource: bizjournalsJan 15th, 2019

Winbond obtains NT$42 billion syndicated loan

Winbond Electronics has signed a seven-year syndicated loan for NT$42 billion (US$1.36 billion) with 19 local banks in Taiwan, according to the maker of specialty DRAM and flash memory......»»

Category: topSource: digitimesJan 15th, 2019