The Hard Numbers Behind eBay’s Serious Stock Drop

eBay Inc. (NASDAQ: EBAY) may now be independent of PayPal, but the transition may not be as fluid and riskless as some of the activist investors might have hoped. eBay ...
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Blue flames of a gas stove

Natural Gas Inventory on Track to Top 3.9 Trillion Cubic Feet by Month’s End

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 95 billion cubic feet for the week ending October 2. Analysts were expecting a ...
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September Retail Sales Show Modest Gain

Retailers are announcing September U.S. same-store sales figures Thursday morning, and research firm Retail Metrics has noted a modest year-over-year gain of 0.7% for the month. Retail Metrics had projected ...
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Tractor in field on farm

Food Costs to Rebound Slightly Next Year

Since reaching a peak in 2011, food prices have dropped by a third on the strength of bumper crops and improved global availability of food. Lower prices for energy, particularly ...
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September Retail Sales Expected to Be Sluggish

Several chain stores will be announcing September same-store sales on after markets close Wednesday, and the projections from research firm Retail Metrics are not upbeat. The researchers’ projection calls for ...
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Crude Oil Price Dives After EIA Storage Report

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 3.1 million barrels last week, maintaining a total U.S. commercial ...
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Why Milwaukee Is the Worst City for Black Americans

According to an analysis by 24/7 Wall St., Milwaukee is the worst city for black Americans. Among other things, the unemployment rate among black Americans in the city is 17.2%, ...
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piggy bank

Nearly Half of Americans Have No Savings

In response to a recent survey question asking people how much money they had in a savings account, some 28% said “zero.” Nearly 21% more had no savings account at ...
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August Home Prices Rise in 49 States

Home prices in the United States rose for the 42nd consecutive month in August. Compared with August of 2014, home prices rose 6.9%, including the sales of distressed properties. The ...
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luxury mansion

Why Is Maryland America’s Richest State?

A typical Maryland household earned more than $73,000 last year, more than in any other state in the country. The cost of living in Maryland, however, was also one of ...
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Why Does Midland Texas Have the Fastest Growing Economy in the US?

Midland’s economy grew by 24.1% last year, more than twice the rate of San Angelo, Texas, the metro area with the next largest economic growth. The exceptional gross domestic product ...
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Why Is Detroit the Most Dangerous City in US?

The crime rate in Detroit, a city that has lost half its population since 1960, outdistances that of any other large city in the United States. Statistics show why the ...
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ATM machine

Average Bank ATM Fee Rises to New High of $4.52

In 2015, ATM fees increased by 4% to $2.88 per transaction for consumers who use machines at outside their own network. Consumers’ own banks also tack on an average $1.64 ...
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House for Sale

The 20 Hottest Housing Markets in September 2015

Of September’s top 20 U.S. housing markets, California cities take 11 spots on the list, far ahead of Texas, which placed three cities on the list. The good news for ...
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Highway Fatality Rate Highest in Montana, Lowest in DC

At 55 miles per hour, the probability of a driver being killed in a car crash is about 35%. At 70 mph, the probability is about 95%. Yet highway speed ...
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