Gas Prices Drop by Double Digits in Most States
Retail gas prices dropped by double digits in most of the United States over the course of the past week, and the national average price for a gallon of gas has reached its lowest…
All Work
Paul Ausick
Why Coronavirus Test Competition Shocked Aytu Bioscience Stock
Aytu Bioscience stock has had investors on a roller-coaster over the past week. The commercial-stage specialty pharmaceutical company has a COVID-19 test kit, but it's not the only one.
4.4 Million Jobs Hit by Bar, Restaurant Closures
Five states and New York City have ordered bars and restaurants closed in an effort to slow down the spread of the coronavirus. More than 4.4 million jobs could be temporarily lost.
Oil Stocks Plunge on Oversupply, Crumbling Demand
Oil prices are plummeting again Monday following estimates that up to 10 million barrels of crude will be cut from daily demand as the global economy tries to deal with the coronavirus epidemic and…
Consumer Sentiment Falls to 2-Year Low
Consumer worries about the coronavirus epidemic are weighing heavily on their views of their financial prospects.
IMF Prescribes Policies, Promises $1 Trillion to Bolster Global Economy
The International Monetary Fund is encouraging central banks and governments to take steps soon that could offset the impact of the coronavirus pandemic. The IMF has a $1 trillion fund to assist countries hardest…
How Micron Stock Will Ride Out the Coronavirus
As more businesses and educational institutions turn to online connections during the COVID-19 outbreak, there are companies that stand to benefit in the short term. Among these is Micron Technology.
Sagging Consumer Sentiment Nips Friday Rally in the Bud
Morning Consult's consumer sentiment index took its biggest one-day dive in more than two years Friday, while the University of Michigan survey of consumer sentiment also dropped as the COVID-19 spreads across the United…
Threats to US Shale Producers Come From Every Direction
As Russia and Saudi Arabia ramp up crude production, U.S. shale producers face dangerous days ahead and pressure is building elsewhere as well.
How Corporate Welfare May Help Northrop Grumman Stock
Northrop Grumman investors are concerned that the federal government will slow spending on some defense programs to pay the expected high costs to combat the coronavirus outbreak in the United States.
Americans Own Fewer Cars, Drive Fewer Miles
The number of cars per person in the U.S. dropped in 2018 and continues below its peak of a dozen years ago. Miles driven per person are even lower. Is the American love affair…
After Apache and Occidental, 10 Oil and Gas Dividends at Greatest Risk
Two oil and gas exploration and production companies have recently slashed their dividends. Are more energy industry firms poised to follow?
What It Will Take to Get Drivers to Trust Self-Driving Cars
New research from the Insurance Institute for Highway Safety (IIHS) recommends that self-driving technology pay more attention to how drivers respond to system warnings to retake control of the vehicle.
Consumer Sentiment Dips Further as US Comes to Grips With Coronavirus
Consumer sentiment in the U.S. continues on its downward slide as the impact of the COVID-19 outbreak spreads throughout the nation's economy and many large events are canceled.
Are Limited Financing Options Punishing Bio-Path Stock?
Like all developmental drug companies, Bio-Path is betting on the success of its drug candidates. Drugs that are in trials often fail, so investors need to gamble that one or more of its treatments…
CEO Departures Declined Last Month Following January’s All-Time High
After a record-setting January, the number of U.S. CEOs who left their jobs in February fell by more than 40%. The two-month total, however, remains on a pace to set a new quarterly record…
Why Boeing’s 737 Max Woes Are No Longer Its Top Concern
The coronavirus outbreak has hit Boeing's stock price harder in the past month than did the grounding of the 737 Max. And it could get worse.
Short Interest Rises on Solar Stocks, Mixed on Alt Energy
Short interest in solar stocks rose during the two-week reporting period ended February 28. Among alt energy stocks, short interest was mixed with a couple of big changes.
Short Sellers Mostly Add to Positions in Oil and Gas Stocks
Short interest rose on most oil & gas stocks in the two-week short interest period that ended February 28.
All Stakeholders Get to Share in Occidental Petroleum’s Pain
Occidental Petroleum announced Tuesday that it is slashing its dividend by 86% and cutting planned capex spending for this year by $1.7 billion. Will other big oil companies also abandon their high dividend payments?