Porch Pirates Ruin Holidays for 59 Million Americans
Estimates vary, but as many as porch pirates could be getting away with millions of packages this holiday season.
All Work
Paul Ausick
US Homeowner Equity Rises by $457 Billion in Past 12 Months
The number of home mortgages that are greater than the value of the house (that is, underwater) fell to just 2% of all mortgages in the third quarter of this year. At the depths…
Online Sales of Fake Products a $1 Billion Issue for US Consumers
Online sales of counterfeit products including apparel and consumer electronics is both costly and dangerous to American consumers.
IEA Does Not See Oil Supply Dropping in Q1 Despite OPEC Production Cuts
In its December report, the International Energy Agency forecasts that the recently announced OPEC+ production cuts will not be enough to reduce supplies. Based on futures trading, oil markets appear to agree.
Boeing, FAA Get Roughed Up in House Hearing
At a hearing Wednesday before a U.S. House committee, FAA Administrator Steve Dickson said Boeing's 737 Max won't be recertified until a long list of conditions is met. In an interview with CNBC, Dickson…
CEO Turnover Remains on Record-Setting Pace
The number of CEOs who have left their jobs in the first 11 months of 2019 is just four short of the 2008 record for a full year.
US Army to Fund Rare Earths Processing Plant
The U.S. Army is seeking proposals to build a pilot plant in the United States to refine rare earth elements used in many weapons systems.
Consumer Sentiment Remains Solid as Holiday Shopping Hits the Home Stretch
Consumer sentiment remains solid as the 2019 holiday shopping season enters its final two weeks. According to research firm Morning Consult, American consumer sentiment is close to a 52-week high.
Short Sellers Adding to Positions in Solar, Remain Mixed in Alt Energy Stocks
Short interest in solar and alternative energy stocks was mixed in the two-week period ending November 29. Two alt energy stocks made the biggest moves -- in different directions.
Short Sellers Split on Direction for Energy Stocks
Short sellers increased their positions on three of six energy stocks we track while crude oil prices are up by about $2 a barrel over the past month.
Mortgage Loan Applications Stage Comeback, FHA Loan Rates Dip Near Annual Low
The Mortgage Bankers Association on Wednesday reported that mortgage loan applications rose last week with a surge in refinancing applications for FHA loans.
Saudi Aramco Shares Debut Wednesday in Riyadh
Saudi Arabian national oil company, Saudi Aramco, will begin trading Wednesday in Riyadh. It's the biggest IPO in history, but still far below what the country had originally hoped for.
Health Insurance Helps You Live Longer
A new study indicates that the individual mandate portion of the Affordable Care Act (Obamacare) did encourage more people to get insurance coverage. And some Americans will live longer because of it.
Home Foreclosures, Loan Delinquencies Remain at 2-Decade Low
Delinquent home mortgage loans and foreclosures in September remained at levels not seen in more than 20 years, according to housing data firm CoreLogic.
Retail Hires Most Seasonal Workers Since 2012
Hiring in the retail sector for the first two months of the holiday season reached an eight-year high of more than 622,000.
November Small Business Optimism at 18-Month High
The National Federation of Independent Business reported Tuesday that small business owners' optimism rose to an 18-month high in November.
Boeing Fined for Using Defective Parts
The U.S. Federal Aviation Administration has set a fine of more than $3.9 million on Boeing for knowingly installing faulty parts in some of its jets.
Sprint, T-Mobile Merger Now in Charlie Ergen’s Hands?
A trial beginning Monday pits 14 state attorneys general against the proposed merger of T-Mobile and Sprint. The states claim that the merger is uncompetitive and will raise consumer prices. They also wonder if…
Did PG&E Just Pull the Rug From Under Elliott and Pimco?
California utility company PG&E on Friday announced a settlement valued at $13.5 billion with victims of 2017 and 2018 wildfires. That amount matches a competing plan from bondholders led by Elliott Management and Pimco.…
European Union Bans Pesticide That EPA Recently Approved
A standing committee of the European Union on Friday approved a ban on a pesticide that the U.S. EPA refused to ban earlier this year.