Oil takes toll across the economy
UPS delivers a grim forecast, United will lay off 950 pilots, and Dow Chemical announces another price increase, all because of soaring fuel costs. A report on consumer confidence hits a record low.
Consumer confidence tumbles in June
UPS shares at 4 1/2-year low after profit warning
Home prices extend record slide in April: S&P
EU warns of inflation challenge in rich nations
Profits seen off more than 10 percent: report
NEW YORK (Reuters) - The U.S. corporate profit outlook is deteriorating rapidly, with S&P 500 earnings for the second quarter now seen falling at a double-digit pace from a year earlier, according to Thomson Reuters Proprietary Research released on Tuesday.
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