ThinkstockThe National Association of Homebuilders (NAHB)/Wells Fargo housing market index remained unchanged in January, at 47, still clinging to the highest index reading since April 2006. An index reading below 50 indicates that more…
Vice President Biden and President Obama have now publicly spoken about what the nation’s new efforts on gun control will look like. What we at 24/7 Wall St. have maintained this entire time since the…
ThinkstockFollowing the lead of EPA administrator Lisa Jackson, Secretary of State Hillary Clinton, Treasury Secretary Timothy Geithner, and other presidential appointees, U.S. Secretary of the Interior, Ken Salazar, said this morning that he will…
courtesy of Groupon Inc.Groupon Inc. (NASDAQ: GRPN) is a company that can use any bit of good news that it can get. Is allowing merchants to track how well their “Groupon” daily deals are doing…
ThinkstockThe first initial public offering (IPO) of the year went off yesterday as USA Compression Partners L.P. (NYSE: USAC) priced 11 million common units at $18 per unit. By the end of the day,…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories decreased by 1 million barrels last week, bringing the total U.S. commercial crude inventory to 360.3…
ThinkstockA report this week from the American Society of Civil Engineers shows just how bad the state of infrastructure in the United States is and how much spending is needed in the next decade…
Frank Golhen, via Wikimedia CommonsThe stock market is mixed Wednesday, with the Dow Jones Industrial Average down 0.25%, the Nasdaq up 0.16% and the S&P 500 up 0.09%. Today’s sole winner is a financial…
ThinkstockARM Holdings PLC (NASDAQ: ARMH) had been on one major move to the upside, right up until the past few days. We would note that this mobile processing outfit from Britain is still up almost…
ThinkstockFor further evidence that the eurozone’s infatuation with austerity is not working, look no further than today’s announcement from Germany that the largest economy in Europe will post 2013 GDP growth of just 0.4%.…
ThinkstockRetail sales for the holiday season just behind us rose about 4.8%, compared with sales during the 2011 holiday shopping season. Online sales rose by more than 14%, and that growth is virtually certain…
ThinkstockThe Federal Reserve has released data showing that industrial production and capacity utilization rates both rose in December. When you consider that the entire media and business focus was around the coming fiscal cliff…
Frank Golhen, via Wikimedia CommonsMany stocks are on the move this Wednesday morning and we are covering some of the key winners and losers for our readers. Boeing Co. (NYSE: BA) is trading lower…
Investors saw a slew of economic data on Tuesday, and in that data was a reading that wholesale inflation was under control. That should have put fears aside that inflation might tick up for…
ThinkstockIslamic militants have attacked the Amenas natural gas field in southern Algeria and have taken at least eight people hostage, according to a Wall Street Journal report. The eight include British, Norwegian and Japanese…