Retail Sales Increase (0.4%) in December, 3.9% Yearly Growth
Retail sales measure the total value of goods sold in retail stores, covering various products like clothes, electronics, and food. It’s reported monthly and provides insight into consumer spending. Higher retail sales suggest a strong economy as people are spending more money. While lower sales can signal economic slowdowns as people might be spending less. […]
Bank of America Q4 Earnings: 2024 Revenue Grows 15%
Bank of America, or BofA, is a major U.S. financial company based in Charlotte, North Carolina. It was formed in 1998 when BankAmerica merged with NationsBank. It’s the second-largest bank in the U.S. and offers services like commercial banking, wealth management, and investment banking. Bank of America employs around 213,000 people and serves about 69 […]
UnitedHealth Q4 Earnings: 2024 Revenue Grows 8%
UnitedHealth Group is a top U.S. company in health insurance and healthcare services. It began in 1974 as CharterMed. The company rebranded to UnitedHealth in 1998. Headquarters are in Minnetonka, Minnesota. UnitedHealth has two main divisions: UnitedHealthcare and Optum. UnitedHealthcare provides health insurance. Optum offers healthcare services. In 2023, UnitedHealth had about $371.6 billion in […]