Apple’s and Amazon’s Report Cards for the Global Economy
The companies’ latest earnings reports provide insight into the state of consumers and businesses, including where they’re willing to spend — and cut costs.
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Wages and Hiring Weigh on Minds of Company Executives
Some executives said they were not expanding their payrolls as quickly as they had, while others were more concerned about wage growth, which has remained robust.
Amazon Posts 11% Rise in Revenue as Growth Improves
The retailer also swung to a profit in the second quarter.
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Apple Revenue Drops 1% but Tops Wall Street Expectations
The iPhone maker’s recent quarter benefited from strong sales in its App Store and other services businesses.