3 Reasons Why Tesla Shares Are Running Higher
Tesla stock is nearing a 10-day run of rising prices following its announcement of 97,000 deliveries last month. But there's even more news that might be supporting the company's shares.
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Paul Ausick
Opioid Crisis Has Cost US Economy $631 Billion
Over the past four years, the economic cost of the opioid epidemic has cost the United States some $631 billion. And with more deaths possible, the costs could soar.
Oil Price Holds Firm Despite Massive Stockpile Increase
The U.S. crude oil stockpile rose by more than 9 million barrels last week but the impact of the huge increase was partially offset by large declines in gasoline and distillate inventories.
Why Kinder Morgan Shares Aren’t Sagging
Energy pipeline and terminal giant Kinder Morgan reported third-quarter results that were a bit short of expectations. The stock is not getting punished for, however, for one simple reason.
Older Americans May Face Ugly Housing Choices
As the boomer generation gets older, the time is now to deal with new kinds of housing demands from older Americans who are on track to account for nearly a quarter of the U.S.…
GM, Union Reach Tentative Deal but Strike May Not End
The United Auto Workers union and GM have reached a proposed tentative agreement to end the month-long strike against the company's 55 U.S. locations. No details yet.
Why Americans Are Still Afraid to Buy Self-Driving Cars
U.S. consumers' attitudes toward electric and self-driving vehicles remain cool to lukewarm at best.
MGM Hits $5 Billion Jackpot From Vegas Casino Sales; More to Come?
Casino owner/operator MGM Resorts has shed two of its Las Vegas properties for about $5 billion. More asset sales could follow.
Mortgage Loan Rates Rose Last Week, Slowing New Purchase Applications
Applications for new mortgage loans rose just slightly last week as mortgage interest rates popped higher. Volatility in the mortgage market is making it difficult for borrowers to lock-in a low rate.
Why Bank of America’s $2 Billion Impairment Charge Didn’t Matter
Excluding the effect of a $2.1 billion impairment charge, Bank of America beat profit estimates in the third quarter.
Home Foreclosures Persists at Lowest Level in More Than 20 Years
Rising home prices are boosting homeowners' equity and keeping delinquent loan totals at 20-year lows.
How Amazon Is Stealing Search From Google
Amazon trails search advertising leader Google by a wide margin but its market share is growing while Google's is declining. Here's the e-commerce giant's secret.
How JPMorgan Boosted Q3 Profits Despite Low Interest Rates
JPMorgan reported third-quarter results that beat estimates for both revenues and profits.
US Gas Prices Dip for First Time in 2 Weeks
Retail gas prices dropped slightly last week as West Coast refineries came back online following unexpected outages.
Breathalyzer to Detect Marijuana Use Ramping Up Production
A small company in California has developed a breathalyzer to detect recent marijuana use. The company already has conducted two clinical trials and is beginning to ramp up production.
Student Debt Nears $1.5 Trillion, 5 Times 2003 Level
Total U.S. student loan debt is more than five times higher than it was in 2013 and the average loan per borrower has nearly tripled. Who are these borrowers and will they repay?
United Won’t Fly 737 Max Until January, Holiday Travel Further Muddled
United Airlines is canceling flights on its grounded 737 Max fleet until early January, joining Southwest and American in keeping the troubled airplane on the ground through the winter holiday season.
Amazon Tells Us What’s Important — to Amazon
Amazon has posted a web page outlining the company's position on several social and political issues. The positions are not likely to please everyone.
Where Being a Police Officer Is Rewarding, and Where It’s Not
Which American cities are best (or worst) for police officers? The rankings might be surprising.
Ignoring Climate Peril, Oil Companies on Track to Lift Production by 7 Million Barrels
The oil industry is expected to raise production by 7 million barrels a day by 2030 according to a new study by Rystad Energy commissioned by the Guardian. Efforts to mitigate climate warming will…