Tag Archives: Business News

United Parcel Service (UPS) 2020 Second Quarter Earnings

A United Parcel Service worker delivers packages on April 29, 2020 in New York City. Stephanie Keith | fake pictures United Parcel Service beat Wall Street estimates of quarterly earnings and revenues on Thursday as the COVID-19 pandemic caused an increase in home delivery and health care shipments. Shares of …

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US Second Quarter GDP Dropped a Record 32.9%

The US economy experienced the largest decline in activity it has ever seen in the second quarter, although it was not as bad as feared. Gross domestic product from April to June fell 32.9%, according to the Commerce Department’s first reading of data released Thursday. Economists surveyed by Dow Jones …

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