January Housing, Single-Family Starts Burst Out of the Gate
Data for U.S. housing starts in January were released Friday showing sharp jumps in both total starts and starts on single-family home construction. New permits issued slipped slightly.
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Paul Ausick
BMW Still Top Exporter of US-Made Vehicles, but Outlook Is Clouded by Tariff Threat
For the fifth straight year, BMW has exported more light vehicles from the United States than any other automaker, foreign or domestic. The threat of tariffs on German imports and a looming possibility of…
Winners and Losers as Norway Discloses Plan to Sell Some Oil Stocks
Norway's $1 trillion wealth fund has proposed divesting its holdings in 134 oil and gas companies while retaining its investments in more than 170 others. Here's what happened.
DowDuPont Spells Out Details of Material Sciences Spin-Off
DowDuPont revealed details for its spin-off of the company's material sciences division into a new, standalone company to be named Dow. The separation date is set for April 1.
Cars, SUVs and Pickups That Last for 200,000 Miles
Less than 1% of all new vehicles on U.S. roads last long enough to turn the odometer over to 200,000 miles. Here are the vehicles most likely to reach that milestone.
How Soon Will Robots Replace Doctors?
Artificial intelligence and robots are poised to play a bigger role in medicine and health care. Will robots replace doctors? When will that begin to happen? Do we know what to expect?
Natural Gas Price Holds Following Expected Inventory Withdrawal
The U.S. natural gas inventory dropped by 149 billion cubic feet last week, closed to the analysts' consensus expectations. Colder weather ahead may sharpen demand in the coming week.
US Homeowner Equity Up by $678 Billion in Past 12 Months
Some 351,000 mortgages rose enough last year to regain positive equity status. The total value of U.S. mortgaged properties rose by $678,000, raising the seven-year gain in home value to $5.5 trillion.
EPA Reports Record Auto Fuel Economy, Greenhouse Gas Emissions
On Thursday the EPA released its annual report on new car fuel economy and greenhouse gas emissions.
Exxon Lifts Capex Plans, Gets Cool Reception From Investors
In its investor day presentation Wednesday, Exxon Mobil said it plans to increase capital spending in the next two years, primarily in upstream production. Investors are not reacting well.
Why Abercrombie & Fitch Is Still Rocking
Abercrombie & Fitch shares are riding high Wednesday morning following the company's fourth-quarter and full-year earnings report. The outlook is solid too.
Mortgage Loan Rates Rise, New Applications Dip
Mortgage loan rates rose last week on all types of loans tracked by the Mortgage Bankers Association. Average loan sizes also rose as high-end and move-up buyers took a larger share of the housing…
GE CEO Talks Cash Flow, Investors Flee
In a conference presentation Tuesday, GE CEO Larry Culp painted a glum picture of the company's free cash flow for 2019, sending investors scurrying for the exits.
December New Home Sales, Prices, Inventory Rise
Home sales rose month over month in December and were up more than 2% year over year for the month. The for-sale inventory was also higher and, alas, so were prices.
Here Are 10 Vehicles to Buy New, Not Used
Buying a new vehicle is sometimes a better long-term deal than buying a lightly used one. Here are the cars, SUVs and pickups that may be better values when purchased new.
Will 80,000 Seasonal Workers Improve Home Depot’s Customer Service?
Home Depot has announced plans to hire 80,000 new workers in full-time, part-time, and seasonal as it prepares for the annual burst of spring home improvement shopping.
Why Kohl’s Earnings Are Making a Big Noise
A combination of better-than-expected fourth-quarter results and an upbeat outlook have lit a fire under Kohl's stock.
11 Banks With the Most Consumer Complaints
Since its creation in 2011, the Consumer Financial Protection Bureau (CFPB) has returned nearly $12.5 billion to more than 31 million U.S. consumers. When former South Carolina Congressman Mick Mulvaney became acting head of…
20 Companies Leading the AI Revolution
Artificial intelligence is a branch of computer science that aims to create computers and machines that learn, work, and react like humans. The possibilities are endless, as evidenced by expanding research and advancements in…
Subaru to Recall 1.3 Million Vehicles for Faulty Brake Light Switch
Subaru could be recalling more than 2 million vehicles to fix a brake light switch that is susceptible to being rendered inoperable, raising the risk of a rear-ender. The brakes work fine, but the…