From today’s Quarterly Banking Profile from the FDIC: “For all of 2011, bank net income totaled $119.5 billion, an increase of $34 billion (39.8%) from 2010 earnings. This is the highest annual net income total since the industry earned $145.2 … read more >

RICHMOND FED — “Manufacturing activity in the central Atlantic region advanced for the third straight month, according to the Richmond Fed’s latest survey. Our broadest indicators of overall activity—shipments, new orders and employment—remained in positive territory, and the rate of … read more >

Michigan: Romney (66%) vs. Santorum (40%) at 10 a.m. Arizona: Romney (98%) vs. Santorum (2.7%) at 10 a.m.

With crude oil prices above $100 and rising, and a glut of natural gas pushing prices down to record lows, U.S. oil and gas companies have been shifting from drilling for gas to drilling for oil, as the chart above … read more >