Earnings Highlights Lowe’s Companies, Inc. (NYSE: LOW) recently released its financial results for the second quarter ended August 4, 2023. The company reported net earnings of $2.7 billion, translating to diluted earnings per share (EPS) of $4.56. This compares to the diluted EPS of $4.67 reported for the second quarter of 2022. Sales Performance During…
On Monday, the yield on the average US government bond hit its highest level since 2007. This was because investors were worried about the future of interest rates before this week’s big Federal Reserve meeting. As investors increased their bets that rates would stay high for longer, the yield on the 10-year benchmark bond rose…
As the second-largest economy in the world battles to recover from the effects of the pandemic, China’s central bank has reduced one of its main interest rates for the second time in three months. The prime rate for a one-year loan from the People’s Bank of China (PBOC) was reduced from 3.55% to 3.45%. A…
According to Trade Ministry figures, Turkish construction companies undertook over $8.93 billion (roughly TL 242 billion) in projects abroad in the first seven months of this year. Despite swings in demand in the industry due to the continuing Russia-Ukraine war, as Russia has typically maintained strong demand in recent years, the sector conducted around 120…
China’s central bank and financial regulators met with bank leaders and told them to make more loans to help the economy recover. This is another sign that officials are getting more worried about the worsening economy. A statement from the central bank on Sunday said that officials from China Life Insurance Co. and stock markets…
We are all aware that money is important, whether it is for our everyday life or our future aspirations. But have you heard of “411 Finance”? It’s a smart method to manage your money. In this post, we’ll go over the fundamentals of 411 Finance and how it can help you manage your money like…
When we talk about Midwest finance, we’re going into the area of money management, savings, investments, and economic growth in the United States’ core region. Many states in the Midwest have distinct economies, and understanding its financial environment might help us make better financial decisions. Economic Landscape of the Midwest The Midwest includes states such…
Are you drawn to the idea of owning a famous Harley-Davidson bike? The idea of riding a strong Harley down an open road is very exciting. But it can be a big financial step to buy a Harley. So, we’ve put together this guide to help you understand the different ways you can pay for…
Getting a new automobile is thrilling, but determining how to pay for it may be difficult. This is where vehicle finance comes into play. It’s similar to receiving a loan to buy a car, and EZ Auto Finance makes it very simple for you. This post will explain all you need to know about EZ…