Tag: income
Impact of lower gasoline prices on US household spending – JP Morgan
Savings are equivalent to half of average month’s rent or mortgage payment WASHINGTON – With US gasoline prices down 25 per cent year over year in 2015, middle income households spent $477 less at the pump, according to a new study by JPMorgan Chase Institute. For every dollar saved from lower gas prices, households decreased their spending on […]
Islamic State monthly revenue totals $80 million – IHS
43% of Islamic State revenue from oil, but Turkish anti-smuggling efforts cutting into illegal sales LONDON, UK – Most of the Islamic State’s funding comes from taxation on economic activity and basic services in areas under its control, according to new analysis released by IHS Inc. Analysis of open source intelligence, including social media, conducted […]
Pioneer Natural Resources enjoys strong Q3, expanding in Permian Basin
Midland, Texas-based Pioneer Natural Resources continues with Eagle Ford, Spraberry/Wolfcamp drilling DALLAS, TX – Pioneer Natural Resources Company bucked the trend and delivered strong third quarter financial results thanks to better than expected growth in production. Pioneer Natural Resources reported third quarter net income attributable to common stockholders of $646 million, or $4.27 per diluted share. […]
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