economics

Goldman Sachs Reports Better-than-expected Q2 Earnings

Goldman Sachs Reports Better-than-expected Q2 Earnings

Goldman Sachs Group Inc. (NYSE: GS) on Tuesday reported better-than-expected revenue and earnings as the Company also named a new CEO.  The Company said net revenue rose 19% to USD 9.4 Billion in the second quarter ended June 30, 2018, beating ..

Biocept and Alliance Global FZ form agreement to market and distribute liquid biopsy testing in Middle East, Southeast Asia, and Africa

Biocept and Alliance Global FZ form agreement to market and distribute liquid biopsy testing in Middle East, Southeast Asia, and Africa

Biocept Inc. (NASDAQ: BIOC) announced today that it has entered a provider agreement with Alliance Global FZ, LLC to market and distribute Biocept’s Target Selector liquid biopsy tests in the United Arab Emirates, and select countries in ..

What the Latest Unemployment Report Can Tell You About the Economy

What the Latest Unemployment Report Can Tell You About the Economy

The latest Unemployment Rate Report, released on July 6th, by the Labor Department, showed 213,000 jobs added last month, which surpassed economists' expectation of 200,000. Meanwhile, there was an increase in the unemployment rate from 3.8..

Credit Suisse Charged With Corruption, Fined USD 77 Million

Credit Suisse Charged With Corruption, Fined USD 77 Million

Credit Suisse (NYSE: CS) has agreed to pay the Justice Department and the Securities and Exchange Commission (SEC) USD 77 Million in order to settle charges of hiring relatives of influential Chinese officials in order to acquire business in the cou..

Gig Markets Show Evidence of Wage Discrimination

Gig Markets Show Evidence of Wage Discrimination

It has been known that there is a gender wage gap among full-time salary and hourly wage workers. In the world of online platforms, where wages are usually established equally for a given task, regardless of the gender, there is still discrimination..

Macy's Plans to Expand Bluemercury by Adding 55 More Stores

Macy's Plans to Expand Bluemercury by Adding 55 More Stores

Bluemercury is Macy's Inc (NYSE: M) answer the competition against beauty chain stores such as Ulta and Sephora. Macy’s acquired the luxury beauty retail chain in 2015 for USD 210 Million.The Company co-founded by Marla and Barry..

International Speedway Released Second-Quarter Results

International Speedway Released Second-Quarter Results

On Thursday, International Speedway Corporation (NASDAQ: ISCA) announced its financial results for the second quarter of fiscal 2018.According to the company, total revenue for the second quarter increased 3.9% from $165.3 million for the same perio..