Why Huawei’s US Troubles May Not Hurt the Chinese Firm After All
Chinese consumers are softening the blow to network and smartphone maker Huawei by buying more of the company's products. Americans don't have a patent on patriotism.
All Work
Paul Ausick
Tyson Foods Earnings and Outlook Are All About Pork
Meat producer Tyson Foods beat on the bottom line and just missed top-line estimates. The company has stuck to its earnings forecast for the year and expects to see margin growth both this year…
The Gun Control Laws That Are Most Likely to Work Are Not About Banning Weapons, Study Says
A new study from researchers at Boston University finds three types of laws that reduce state homicide rates. Banning assault weapons and high-capacity magazines are not among them.
Why Exxon and Chevron Sank After Reporting Q2 Earnings
America's two supermajor energy companies reported second-quarter results Friday morning that left investors unimpressed.
Will July Employment Report Lift Hopes of Further Fed Rate Cuts?
The U.S. economy added 164,000 jobs in July, and the headline unemployment rate remained unchanged at 3.7%.
Could Amazon Lose the Pentagon JEDI Project?
Secretary of Defense Mike Esper said Thursday that he will review a $10 billion contract award for the department's cloud services contract that was on its way to being awarded to Amazon.
Wide Home Ownership Disparities Along Racial Divide
Since the U.S. economic recovery began in 2010, homeownership among black Americans has fallen by more than three times the decline in white homeownership.
This Is the Place With the Most Expensive Gas in the World
Gasoline prices have been trending higher in the United States since the beginning of 2019. Yet retail pump prices are nowhere near the heights of the world's most expensive.
So Far in 2019, US Has Lost 43% More Jobs Than This Time Last Year
The pace of job cut announcements slowed in July according to the latest report from outplacement firm Challenger, Gray & Christmas. But the year-to-date job cuts are up 36%.
What Saved General Motors Q2 Earnings
GM posted second-quarter profit and revenue Thursday that beat analysts' consensus estimates. Higher selling prices more than offset declines in volume.
FOMC Cuts Fund Rates for First Time in 10+ Years
As expected, the Fed's open market committee on Wednesday raised the Fed funds rate by a quarter-point while leaving open the possibility of future cuts if needed to sustain the U.S. economic expansion.
It Didn’t Take Long for GE Stockholders to Find the Q2 Earnings Weakness
GE stock has been on a roller coaster ride Tuesday--rising, falling, rising again--after announcing second-quarter results this morning. As always, beauty is in the eye of the beholder.
This Is Why Kids Born in Big Cities Make More Money As Adults Than Others
New research in the United Kingdom indicates that being born in a large city has a larger impact on adult earnings than does being born in a small town and later moving to the…
Mortgage Loan Rates, New Applications Moved Only Slightly Last Week
Applications for new mortgage loans slipped a bit last week while rates on the most popular mortgages remained steady at just over 4%.
What Do Investors Like Best About GE Earnings?
GE's second-quarter profits and revenues were better than analysts expected and investors are pushing the shares higher in premarket trading Wednesday.
US Opioid Disaster Has Cost State Governments an Estimated $130 Billion
The indirect financial costs of the nation's opioid crisis total a staggering $130 billion over the past 20 years, according to new estimates from a team of researchers at Penn State University.
Sextortion Is Back and the Number of Scams Is Steadily Increasing
Sextortion email scams are once again on the rise. Here's what's happening and how to protect yourself.
Freddie Mac Sees More Home Buying, but There’s a Catch
Freddie Mac forecasts that mortgage lending will rise this year and next on the strength of combined low mortgage interest rates and slowing home price growth.
Home Price Increases Continue to Pull Back: Case-Shiller
Year-over-year home price increases declined again in May, according to the latest S&P CoreLogic Case-Shiller national home price index released Tuesday morning.
BP Profits From Rising Crude Oil Prices, Flat Production
BP's profits rose sequentially as prices for crude rose and U.S. production rose by 95,000 barrels a day year over year. Sequentially, production rose by 51,000 barrels a day.