Gas Price Has Reached Its Highest So Far This Year
U.S. retail prices for gasoline continue to march higher as crude oil production slows and refineries continue to work through their planned spring maintenance and turnaround period.
All Work
Paul Ausick
This Is Why Now May Be a Good Time to Buy a Home
The spring home buying season is shaping up to be a good one for buyers. Interest rates are lower, prices are rising more slowly, and inventory is up. Here are some things to keep…
Morgan Stanley Picks 30 Stocks for 2021
Here are 30 stocks that analysts at Morgan Stanley have as high-quality and sustainable picks for the next two years.
‘Increasingly Dangerous’ Temperatures, 62 Million People Affected
A new report from the World Meteorological Organization on the global climate notes that the past four years are the warmest on record. This has both short-term and long-term implications for people, governments and…
February New Home Sales Jump 5%
New home sales in the U.S. rose by 4.9% month over month in February, according to the latest data from the U.S. Census Bureau. The year-over-year increase was a much more modest 0.6%.
March Consumer Sentiment Index Tops Consensus
The University of Michigan Consumer Sentiment Index for March increased month over month to 98.4, well above economists expectations.
Why CarMax Earnings Look So Good to Investors
Used-car seller CarMax reported better than expected earnings Friday morning, but revenues were a bit light. Investors didn't seem to mind.
US House Committee Approves Marijuana Banking Bill
The U.S. House Committee on Financial Services has approved a bill that would allow U.S. banks to offer services to marijuana-related businesses without fear of breaking the law.
The Place That Sold the Most Cars in 2018 Is Not Even a Dealership
The largest U.S. seller of cars and other light vehicles is not a car dealership, but a membership club that sells everything from soup to nuts.
Natural Gas Price Steady on Small Inventory Draw
The U.S. Energy Information Administration reported this morning that last week's withdrawal from U.S. natural gas storage was 36 billion cubic feet. That's less than analysts expected.
February Pending Home Sales Remain Sluggish
Pending home sales fell by 1% month over month in February, slightly worse than expectations. This marks the 14th straight month that sales have declined year over year.
Who Would Have Thought This Popular Car-Shopping App Is Among the Worst?
Auto industry analysts have surveyed American new-car buyers to find out which third-party automotive consumer firm maintains the best computer website and best smartphone app. The rankings may be surprising.
Has Lululemon Figured Out the Magic Mix of Bricks and Ether?
Yoga-wear retailer Lululemon beat top- and bottom-line estimates for the fourth quarter and the full 2018 fiscal year. The store's forecast also topped forecasts at the high end. What's the secret?
March Auto Sales to Tumble 7%
Cox Automotive has forecast a 7% year-over-year drop in sales of new cars and trucks for the month of March. First quarter sales are also forecast to be lower than last year, but not…
Another Chapter in the Continuing Story: Will Local Newspapers Survive?
Local newspapers are being increasingly supplanted by digital sources of news. Will local newspapers be able to survive and compete in this brave new world?
The Most Popular Flight in the World Is Not What You’d Expect
Six of the 10 busiest international airline routes are located in Asia. The single busiest route in the world is a short hop between two South Korean airports that sees nearly 80,000 flights a…
Short Sellers Shy Away From Solar, Alternative Energy Stocks
Short interest in solar and alternative energy stocks generally declined in the two-week reporting period that ended March 15.
Short Interest in Energy Stocks Follows Oil Prices Higher
As crude oil prices rose over the past month, so too has short interest in energy company stocks.
Why Is Purdue Settling Oklahoma Opioid Lawsuit for $275 Million?
Tuesday afternoon, the attorney general of Oklahoma is expected to announce that the state has reached a settlement with Purdue Pharma that will see the state receive a $275 million payout from the company.
New Car Sales Seen Down 2% in March: JD Power
U.S. car and light truck sales are forecast to drop about 2% year over year in March, with retail sales down about 5%. Full-year sales are expected to drop to a seasonally adjusted rate…