WTO Reports Weakening Global Trade in Goods
The World Trade Organization does not see global trade reviving in 2019.
All Work
Paul Ausick
Deere’s Earnings, Outlook Can’t Escape Economic Uncertainty
Farm and heavy equipment maker Deere reported third-quarter results that missed profit estimates but beat revenue expectations. The company also lowered its outlook for the full fiscal year.
IRS Budget Cuts Cost $34 Billion in Lost US Tax Revenue
Cutting the U.S. IRS budget by more than $13 billion in the first decade of the 21st century resulted in more than $34 billion in lost tax revenue.
How Much the $7 Billion Fantasy Football Business Costs Other Employers
Employers are losing productivity to employees who participate in fantasy football leagues. How much is it costing them? Do employers care? Should they?
Whistleblower Sends GE Shares to the Doghouse
GE was hit Thursday morning with a claim from a well-known whistleblower that the company has committed some $38 billion in accounting fraud.
Why China Imports Much More Saudi Oil Than the US
Saudi Arabia has virtually doubled its oil exports to China and halved its exports to the United States. Is this trouble for the United States, or Saudi Arabia, or China, or even Iran?
Will Walmart Earnings Be Enough to Put Smiles on Investors’ Faces?
Walmart reported fiscal second-quarter results Thursday morning that beat expectations. Along with improved guidance, investors are liking what they've seen.
2019 on Track to Become Worst Year Ever for Data Breaches
Data breaches in the first half of 2019 rose sharply compared with the first half of last year and are on track to set a new yearly high for records exposed.
What Did Cisco Systems Do (or Fail to Do) to Deserve This Beating?
A quarter that barely exceeded estimates was one of a handful of reasons that Cisco stock is getting hammered after announcing quarterly results.
Ford Recalls 108,000 2015 Ford and Lincoln Vehicles to Fix Seat Belts
Ford has recalled 108,00 model year 2015 Ford Fusions and Lincoln MKZs to repair a faulty seat belt pretensioner.
How Criminals and Mass Killers Obtain Firearms
Recent mass shootings in Texas and Ohio have spurred discussion and argument over what the United States should do to control the use of firearms.
Mortgage Loan Rates Dive, Refinancings Soar
Mortgage loan rates reached new three-year lows last week as demand for U.S. Treasuries drove down yields and lowering mortgage lending rates.
Why Luckin Coffee’s 700% Jump in Revenues Wasn’t Good Enough
Chinese coffee purveyor Luckin reported quarterly results Wednesday morning, the company's first since its May IPO. Investors reacted coolly.
Why Bloom Energy Is Sinking
Bloom Energy shares have lost more than a third of their value Tuesday following an outlook that didn't go down well with analysts.
Home Foreclosures Remain at Lowest Level in More Than 20 Years
Foreclosure rates remained at multi-decade lows in May according to the latest report from housing industry researchers at CoreLogic.
Why GM and Volkswagen Are Abandoning Hybrids and Ford and Toyota Are Not
General Motors and Volkswagen have indicated that the companies plan to focus their electric vehicle development on all-electric vehicles while Ford and Toyota intend to continue hybrid electric development. Here's why.
July Small Business Optimism Rises on Solid Economy, Expected Sales Increase
The National Federation of Independent Business reported Tuesday morning that small business optimism rose by near two points in July. Business owners are particularly optimistic about the U.S. economy and expected higher future sales.
US Gas Prices Dropped 7 Cents Last Week
The U.S. national gasoline pump price dropped by nearly seven cents last week to its lowest level since March.
Do Open Carry Laws Increase or Decrease Gun Violence?
Whether a person can openly carry a firearm depends on state law. The same is true for carrying concealed weapons although the rules may be stricter for concealment. But do more guns mean more…
Is General Electric Really Recovering?
Shares of GE have dropped around 12% since the beginning of the month. Is the bear story taking hold?