Even as inflation bites, corporate profits remain flush ...Middle East

Los Angeles Daily News - News
Even as inflation bites, corporate profits remain flush
What’s immune to high inflation? So far, the profits at big U.S. companies. Businesses are facing higher gasoline and heating bills, just like consumers, in addition to higher expenses for labor and raw materials. But unlike many middle- and lower-income Americans, they’ve been making more than enough extra income to cover the additional costs. Big […]

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