Tags : economics

Northrop Grumman Reports 1st Quarter Earnings

Northrop Grumman Corp., one of St. Johns County’s largest employers, reported first quarter 2023 sales increased 6 % to $9.3 billion, as compared with $8.8 billion in the first quarter of 2022. First quarter 2023 net earnings totaled $842 million, or $5.50 per diluted share, as compared with $955 million, or $6.10 per diluted share, […]Read More

Barn Door Economics and the Collapse of Silicon Valley Bank

On March 10, Silicon Valley Bank collapsed, causing a disturbance in the financial force. A little over a month and a half later, the Federal Reserve Board released a report detailing the bank’s shortcomings, as well as its own. But instead of simply closing the barn door after the horses bolted, the Fed is making […]Read More