Author Archives: Paul Ausick

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Seattle’s Minimum Wage: How High Is Too High?

In June of last year, the University of Washington's Seattle Minimum Wage Study Team released a report on the impact of Seattle's minimum wage hike through the end of 2015. ...
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IPOs This Week: Is Blue Apron Ready to Take on Amazon?

Two real estate investment trusts (REITs) and one cable and broadband provider had successful initial public offerings (IPOs) last week. The coming week's calendar includes a total of 10 firms ...
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Marijuana News Roundup: Fed Threat Causes Bank to Close Pot Group’s Accounts

PNC Bank will close the bank accounts of the Marijuana Policy Project (MPP) on July 7, citing the risk of the bank faces from the hard-line U.S. Attorney General Jeff ...
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How Much Do Fees Add to the Cost of a Mortgage?

If you are a first-time home buyer, you might not be aware that there are costs involved with getting that home you want that can add either to your out-of-pocket costs ...
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Boeing Remains DJIA’s Best Performing Stock in 2017 After Strong Sales at Paris Show

Boeing Co. (NYSE: BA) last week held on to its top ranking among the 30 stocks that comprise the Dow Jones Industrial Average. The stock added nearly 3% last week ...
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Verizon Maintains Place as DJIA’s Worst Performing Stock for 2017

Verizon Communications Inc. (NYSE: VZ) last week saw its share price dip by $1.24 (about 2.6%) to retain its position as the worst-performing stock among the 30 equities included in ...
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Marijuana Price Rises 2% to $1,578 a Pound

For the week ended Friday, June 23, 2017, the spot price index for a pound of cannabis rose 2.3% to $1,578. According to the analysts at Cannabis Benchmarks, the simple ...
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Bed, Bath & Beyond, Marathon Oil in Friday’s 52-Week Low Club

June 23, 2017: Here are four stocks trading with heavy volume among 74 equities making new 52-week lows in Friday's session. On the NYSE, advancers led decliners by about 2 ...
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Home Depot, Goldman Sachs Sink DJIA Friday

June 23, 2017: Markets opened slightly lower Friday and all three major indexes traded in the green for most of the day before the DJIA dipped into the red late ...
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Are You Being Cheated When You Buy Lumber at Home Depot?

Home improvement stores Home Depot Inc. (NYSE: HD) and Menard's are the targets of class action suits filed last week in federal court charging the companies with selling lumber that ...
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America May Be Aging, but Millennials Are Taking Over

The median age in the United States has risen from 35.3 years old in 2000 to 37.9 years old in 2016, according to data released Thursday by the U.S. Census ...
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3.6 Billion Mobile Ad Clicks Are Fraudulent

For internet users, one of the big threats is that they will click on a link or open an email that infects their computer or mobile device with the aim ...
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JC Penney, Fitbit to Get Dumped From Russell 1000 Index

After markets close Friday, the FTSE Russell indexes will be reconstituted and some significant changes appear to be in store. J.C. Penney Co. Inc. (NYSE: JCP), for example, is virtually ...
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US Travel Group Urges US Airlines to Quit ‘Griping’ About Foreign Competition

The U.S. Travel Association (USTA) is a professional, nonprofit organization that represents the many businesses comprising the $3.3 trillion U.S. travel industry. The group has long opposed the so-called Big ...
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Hain Celestial, DryShips Drop into Thursday’s 52-Week Low Club

June 22, 2017: Here are four stocks trading with heavy volume among 106 equities making new 52-week lows in Thursday's session. On the NYSE, advancers led decliners by nearly 3 ...
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