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U.S. Corporations Rake in $100B Profits Amid Discontent

8/7/2025

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Summary

Story summary

U.S. corporations saw profits increase by $100 billion last year, reaching $1.2 trillion.
Major contributors included Alphabet ($100B), Apple ($94B), Microsoft ($88B), and Nvidia ($73B).
Corporate tax cuts have failed to aid workers, with $3.2 trillion allocated to stock buybacks.
Recent GOP budget law faces significant voter disapproval.

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Story summary

U.S. corporations saw profits increase by $100 billion last year, reaching $1.2 trillion.
Major contributors included Alphabet ($100B), Apple ($94B), Microsoft ($88B), and Nvidia ($73B).
Corporate tax cuts have failed to aid workers, with $3.2 trillion allocated to stock buybacks.
Recent GOP budget law faces significant voter disapproval.