A Quarter of Online Shoppers Have Purchased Fake Goods
Over a quarter of online shoppers have purchased fake goods online. Some did so on purpose, but most were unwitting victims and many never received a refund from the online seller.
All Work
Paul Ausick
OPEC+ Agrees to Cut Another 500,000 Barrels of Production
OPEC and its partners have agreed to cut an additional 500,000 barrels a day of crude oil production during the first quarter of 2020. The reduction is not likely to make much difference to…
Ford Recalls 265,000 Trucks, SUVs in 2 Separate Actions
Ford has issued two recalls for some model year 2017 through 2019 F-Series pickups and some model year 2020 Ford Explorers and Lincoln Aviators.
Why Americans Think the US Is Moving in the Wrong Direction
A report released last week by the Ronald Reagan Presidential Foundation & Institute reveals how Americans look at the country's foreign friends and adversaries.
Saudi Arabia, Russia to Propose Slashing Oil Production Cuts by Another 42%
OPEC is expected to announce that the cartel will slash an additional 500,000 barrels a day from production, lowering daily global crude oil supply by 1.7 million barrels a day.
DoorDash Tops List of the 20 Fastest-Growing US Brands
According to market research firm Morning Consult, local delivery service DoorDash was the fastest-growing brand of 2019. Some of the other names on the list of the top 20 brands may surprise you.
2019 Job Losses at 4-Year High as Tech, Mining Fire More Workers
U.S. employers chopped nearly 45,000 jobs in November, fewer than the 50,000 jobs cut in October. Still, the number of jobs lost in the first 11 months of 2019 is greater than the total…
These Are the Housing Markets That Will Grow Fastest in 2020
The National Association of Realtors expects home sales to slip nearly 2% year over year in 2020 and home price increases to moderate significantly. Here are the cities where sales are expected to be…
What to Expect From Thursday’s OPEC Ministers Meeting
The semi-annual meeting of OPEC oil ministers begins Thursday in Vienna. The cartel is wrestling a number of issues that are competing for attention as it tries to determine the best path forward to…
People Pay More for VWs Than Any Other Brand Sold in the US
The average transaction price for November U.S. new car sales rose to more than $38,000, led by VW with an average about $7,000 above the industry's.
Consumer Sentiment Remains Strong Heading Into Holiday Shopping Season
Consumer sentiment among Americans rose for the seventh consecutive time last week. Americans are generally feeling pretty good about the economy, according to the latest data from Morning Consult.
Mortgage Loan Applications Down for Holiday Week, Loan Rates Make Mixed Moves
The Thanksgiving holiday cooled demand for mortgage loans last week. Mortgage interest rate changes were small and mixed.
Extreme Weather Could Drive 22 Million People From Their Homes This Year
In the first half of this year, some 7 million people around the world have been displaced from their homes as a result of an extreme weather event. The World Meteorological Organization expects the…
Top 10 Areas of the US at Risk of a Robot Takeover
Since the beginning of the Great Recession in 2009, the number of manufacturing jobs in the United States has actually increased slightly from 12.561 million to 12.811 million this past October, according to data…
Oil Major Repsol to Take $5.3 Billion Charge for Going Green
Spanish oil major Repsol has announced a plan that will make it a net-zero emitter of carbon by 2050. Here's how the company plans to make that happen.
October Home Price Hikes Top 3% in Denver, DC
Housing prices rose by 3.5% nationally in October according to the latest house price index from CoreLogic.
Cleveland-Cliffs Shocks Investors With AK Steel Acquisition
Iron ore miner Cleveland-Cliffs will acquire steelmaker AK Steel in an all-stock deal valued at $1.1 billion. Investors are less than excited.
Gas Price Drops Are Tapering Off, Trending Higher Compared to Last Year
The gas price declines of the past several weeks have drifted to less than a penny. Prices could begin moving higher this week, especially if China and the United States reach some agreement on…
Study: The Poor Get Less Sleep, Leading to Greater Risk of Heart Disease
Research shows that a lack of sleep is a significant factor in the occurrence of heart disease among low-income people.
Why Oil Driller Apache’s Shares Are Tanking
Oil and gas company Apache appears to be coming up empty on a new well offshore of Suriname, near the site of Exxon Mobil's massive Guyana discoveries.