US bank earnings rose 21 pct in Q2, lending up


US bank earnings rose 21 pct in Q2, lending up

The Federal Deposit Insurance Corp. said Tuesday that the banking industry earned $34.5 billion in the second quarter, up from $28.5 billion in the second quarter of 2011.

Malaysians more optimistic about jobs and economy

PETALING JAYA – DESPITE the increasing cost of living, especially with fuel price hikes, there has been a rebound in Malaysian consumer confidence in the second quarter of this year. Nielsen’s latest online consumer survey showed that the consumer conf…

Productivity Falls, Labor Costs Up in 2Q

The Labor Department reported non-farm productivity declined for the first time in 1-1/2 years during the second quarter. (16 mins ago)

London mid-morning: Footsie seeking direction

LONDON – Strong economic growth figures for the second quarter has done little to give Footsie any real sense of direction. (25 mins ago)

Lousy second quarter leaves stocks cheap again?

BOSTON Investors should brace themselves when they open their second-quarter mutual fund statements. The April-through-June period added up to the worst quarter for stock funds since the darkest days of the financial crisis. (1 hour ago)

Lousy second-quarter leaves stocks cheap again

BOSTON Investors should brace themselves when they open their second-quarter mutual fund statements. The April-through-June period added up to the worst quarter for stock funds since the darkest days of the financial crisis. (1 hour ago)

Best Buy 2Q misses expectations; raises guidance

Best Buy Co., the largest U.S. electronics retailer, said Tuesday second-quarter results fell below expectations as sales at established stores fell. (3 mins ago)

Rate of past due auto loans rises in 2nd quarter

The rate at which people were late making auto loan payments rose in the second quarter as consumers struggled amid rising job losses. (18 secs to go)

NewsWatch: U.S. stock-index futures gain ahead of GDP report

U.S. stock-index futures add to gains Friday ahead of the release of second-quarter U.S. gross domestic product data. (2 hours ago)