Crude Oil Price Crumbles as Inventory Surges
The amount of crude oil in U.S. commercial inventories jumped much more than expected last week and pushed prices back down below $50 a barrel.
The amount of crude oil in U.S. commercial inventories jumped much more than expected last week and pushed prices back down below $50 a barrel.
Adobe Systems released its most recent quarterly results after the markets closed on Tuesday and investors were not happy.
Wednesday, September 20, 2017, will mark the Federal Reserve’s September Federal Open Market Committee (FOMC) meeting announcement. The announcement also will include forecasts by the Federal Reserve, and more importantly it should contain more detail on…
Sales of existing homes fell by nearly 2% in August, largely due to a shortage of inventory, especially for first-time buyers.
Microsoft confirmed on Tuesday that it was increasing its quarterly dividend for shareholders. Some tweaks were made on the board of directors as well.
Bed Bath & Beyond saw its shares fall on Wednesday after the company issued its most recent earnings report.
Total retail holiday sales are expected to climb this year, reflecting a strengthening economy, a robust labor market and optimism among consumers.
These top companies have fought through oil price swings before, and a break above $50 a barrel could be very bullish.
The time that Americans stay with one job averages just over five years compared with an average of just under six years in 1983.
The top analyst upgrades, downgrades and other research calls from Wednesday include Biogen, Electronic Arts, Gap, Intuit, Johnson & Johnson, 3M, Intercept Pharmaceutical and AutoZone.
As consumers adopt streaming video services and drop their pay-TV subscriptions, consumer satisfaction with the cable and satellite providers is likely only to get worse.
FedEx reported disappointing fiscal first-quarter earnings after the markets closed on Tuesday and lowered its guidance.
The Mortgage Bankers Association reported Wednesday morning the applications for new mortgages fell by 9.7% last week while mortgages interest rates rose on most types of home loans.
Hurricane Maria, the latest in a parade of destructive storms, made landfall Wednesday morning as a strong Category 4 storm in southeastern Puerto Rico.
Despite the strong performance of the S&P 500 and the jittery state of the macro and geopolitical worlds, stocks are still probably the place to be. The smart thing may be to move some…