ThinkstockAfter a relentless two-month rise, gasoline prices have come down very modestly. The AAA Fuel Gauge report shows that the average price nationwide for a gallon of regular was $3.696 yesterday, down from $3.746…
ThinkstockData about China’s economic recovery continue to swing back and forth. Recent information on manufacturing has been good, as have reports about exports. But, more recently, consumer spending and industrial output have been weak.…
ThinkstockIn another possible threat to car sales, use of public transportation has reached a multiyear high. According to the American Public Transportation Association: The demand for public transportation rose last year as Americans took…
ThinkstockRecord Public Transportation Use In another possible threat to car sales, use of public transportation has reached a multiyear high. According to the American Public Transportation Association: The demand for public transportation rose last…
The battle over whether J.C. Penney Co. Inc. (NYSE: JCP) or Macy’s Inc. (NYSE: M) will win the right to market merchandise from Martha Steward Living Omnimedia (NYSE: MSO) is a sideshow. Martha Stewart, the…
No matter how well the general market does, the advance of the Dow Jones Industrial Average still relies on just 30 stocks. Some have outrun their current values, and drops in those shares will undermine…
courtesy of Sony Corp.Sir Howard Stringer, who Sony Corp.’s (NYSE: SNE) board turned to as chief executive in 2005, said he will retire as chairman. He departs as the company he oversaw sits in the rubble,…
courtesy of Facebook Inc.Twitter is now a place where people can create stock hoaxes. (Reuters) U.S. companies keep profits abroad, according to a Wall Street Journal survey. (WSJ) Japan’s machinery orders fall. (WSJ) Alibaba…
ThinkstockAcross the country, millions of people work in the public sector, including teachers, clerks and soldiers. The different levels of government employ 16% of U.S. workers, according to a recent Gallup survey. The federal…
Jon OggIt may be the weekend, and the DJIA hit a new high this last week, but there is no such thing as any rest for the wicked. 24/7 Wall St. has identified 13 must-read…
courtesy of USPSThere are always some interesting factoids in various industries and sectors in each monthly breakdown of the Employment Situation from the Bureau of Labor Statistics. Friday’s BLS report was a much stronger…
Here are today’s five biggest gaining stocks at closing: Acquity Group Ltd. (NYSEMKT: AQ) is up 34.4% at $8.25. Information Services Group Inc. (NASDAQ: III) is up 25.7% at $1.81. MGP Ingredients Inc. (NASDAQ:…
U.S. equity markets opened higher this morning mostly on the strength of a far-better-than-expected report on U.S. non-farm payrolls and a lower-than-expected unemployment rate of 7.7% (more coverage here). In Europe, German industrial production…
courtesy Boeing Co.Two key commercial airliner projects at Boeing Co. (NYSE: BA) today got new leaders. Development of the 777X project has been handed to Bob Feldman who previously led development of the 737…
ThinkstockThe latest data from Baker Hughes Inc. (NYSE: BHI) shows that drilling rig counts in North America fell by 80 in the week ending today and fell by 296 from the comparable period a…