Corporate America’s Profits Are Booming

“Profits are booming at America’s biggest companies—and their leaders say that likely won’t change soon,” the Wall Street Journal reports.

“Chalk the good times up to a confluence of fortunate events: red-hot artificial-intelligence spending, federal spending and the windfall companies are getting in the form of refunds of some of their past tariff payments. Plus, a booming stock market and high home values are helping many shoppers keep spending, even as plenty of others struggle to absorb rising prices.”