Earnings Report

The airline said its profit is rising despite surging jet fuel costs.

Microsoft reports earnings Thursday and investors will gauge how much its pivot to the cloud contributed to quarterly profit.

The latest on developments in financial markets (all times local): 9:35 a.m.

UnitedHealth is reporting second-quarter earnings of $2.92 billion.

Johnson & Johnson is reporting second-quarter earnings of $3.95 billion.

The fifth-largest U.S. bank by assets said net earnings applicable to shareholders rose to $2.35 billion.

The healthcare conglomerate's net earnings rose to $3.95 billion.

UnitedHealth reported higher profit and revenue.

U.S. stocks are mixed Monday morning as banks rise along with interest rates but energy companies sink along with the price of oil.

Netflix’s stock fell nearly 14% after its earnings report.

The latest on developments in financial markets (all times local): 9:35 a.m.

Bank of America is reporting a 33 percent jump in second-quarter profits as it cut expenses and benefited from the new tax law.

Germany's biggest bank, Deutsche Bank, says it foresees considerably higher-than-expected earnings for the second quarter — results that it says underline the company's "resilience."

Net income applicable to common shareholders rose to $6.47 billion in the second quarter, from $4.75 billion a year earlier.

On a per share basis, BlackRock earned $6.62, compared with $5.20 a year earlier.

___ Federal Reserve projects further gradual hikes in key rate WASHINGTON (AP) — The Federal Reserve says that it expects low unemployment and rising inflation will keep it on track to raise interest rates at a gradual pace over the next two years.