Apple_store_sign

Apple Hits 52-Week High

Following Thursday’s announcement of a mysterious event on September 9, Apple Inc. (NASDAQ: AAPL) shares posted a new 52-week and all-time high of $102.90 a share (or $720.30 on a ...
Read Full Story »
Xerox HQ

Xerox Hits Another Multiyear High

Morgan Stanley analysts reiterated their Outperform rating on Xerox Corp. (NYSE: XRX) Thursday, along with a $15 price target. But that seems to have been enough to lift Xerox shares ...
Read Full Story »
shopping

Consumer Sentiment Up in August, but Outlook Dims

The final August reading on the Thomson Reuters/University of Michigan Consumer Sentiment Index rose to 82.5. A survey of economists by Bloomberg had a consensus estimate for a reading of ...
Read Full Story »
Chicago

Chicago Business Barometer Rebounds in August

The Institute for Supply Management (ISM) and MNI Indicators have released the Chicago Business Barometer for August. The Chicago Purchasing Manager Index (PMI) rose more-than-expected last month to a seasonally ...
Read Full Story »
credit cards

Decline in Consumer Spending Raises Concern for Deflation

In its report on personal income and spending for July, the U.S. Bureau of Economic Analysis data show that personal income in current dollars grew by 0.2% month-over-month, and personal ...
Read Full Story »
470487925

40-Hour Workweek Actually 47 Hours Long

Only about four of 10 U.S. workers actually work a 9-to-5, 40-hour a week job. A full 50% say they work more than 40 hours a week, and just 8% ...
Read Full Story »
2014 Jeep Cherokee

Chrysler-Fiat Merger Dodges a Pothole, Paves the Way to IPO

The merger between Fiat and Chrysler has avoided its latest challenge and now appears on its way to an initial public offering (IPO) in New York as early as October. ...
Read Full Story »
VW CrossBlue concept - 2014

Volkswagen Sales Expected to Fall 8%

Volkswagen got some good news this week. It finished near the top of the American Customer Satisfaction Index survey of cars sold in the United States. The effects of the ...
Read Full Story »
467094355

Fracking in California Gets New Approvals

Fracking may be critical to increased U.S. oil production, but it is also one of the most controversial, widespread technologies in America. Repeatedly, critics of the practice have warned of ...
Read Full Story »
AmazonFire phone

AT&T Offers Amazon Fire Phone for ‘$0 Down’

AT&T Inc. (NYSE: T) has decided to offer Amazon.com Inc.'s (NASDAQ: AMZN) Fire phone for "$0 down." It is not clear whether AT&T has an oversupply of the smartphones, cannot ...
Read Full Story »
down market

The 52-Week Low Club for Thursday

August 28, 2014: Among the nearly 30 stocks making new 52-week lows today were the following four firms: Liberty Ventures (NASDAQ: LVNTA) which dropped about 50% on Thursday following the ...
Read Full Story »
stock symbol ticker

The 4 Stocks That Sank the Market

August 28, 2014: Markets opened lower on Thursday and even an estimate for second quarter GDP that was revised up couldn’t put any air under equities. The day’s trading got ...
Read Full Story »
Cows

Record-High Meat Prices for U.S. Consumers

The U.S. Department of Agriculture (USDA) released its preliminary report on August farm prices Thursday afternoon. The all-products price index was unchanged month-over-month at 109, with the crop index down ...
Read Full Story »
apple-logo

Apple Sets September 9 for a Major Announcement

While rumors have been flying that Apple Inc. (NASDAQ: AAPL) would be introducing its latest iPhones on September 9, the company did not make an announcement until Thursday morning. Even ...
Read Full Story »
200375928-001

America’s Favorite Six-Figure Jobs

The nationwide median household income was $53,891 as of June, according to Sentier Research, down nearly 5% from where it was at start of the recession. And while household incomes ...
Read Full Story »