Crude Oil Prices Sag on Inventory Build Up
The U.S. crude oil inventory added 1.3 million barrels last week according to the weekly report from the Energy Information Administration.
All Work
Paul Ausick
Record Number of US CEOs Left Their Jobs in January
More CEOs left their jobs in January than in any single month since Challenger, Gray & Christmas began reporting the data in 2002.
Mortgage Loan Rates Dropped Last Week, Applications Continue Slide
Applications for new mortgages continue to dip slightly even as mortgage loan rates drop to multi-month lows.
Disney Earnings Hampered by Cable, Streaming Costs
Disney posted better-than-expected quarterly results, but continues to spend on streaming products and costly sporting events that have not yet begun to pay back the investments.
Boeing Prepares for Return of Supersonic Planes
Boeing on Tuesday announced a "significant" investment in supersonic aircraft designer Aerion to speed up design and development of Aerion's next-generation supersonic airplane.
Democracy in Retreat Globally: Freedom House
Global democracy continues its slow decline according to the latest "Freedom in the World" report from Freedom House. The U.S. ranks 51st in the new report, unchanged from its position in 2017.
The BP Profit Engine Is Running at Full Throttle
Oil supermajor BP reported blockbuster fourth-quarter and full-year results Tuesday morning. Yearly profit doubled compared to 2017 and liquids production is rising.
Why a 25% Sales Beat and a 143% Jump in EPS Aren’t Enough for Alphabet Shareholders
Google easily both year-ago results for both sales and profits in the fourth quarter and in all of last year. But investors are playing hardball and took the shares down in Monday's after-hours trading.
Not the Lowest Rated Super Bowl Ever, but Close
Early numbers indicate that Sunday's Super Bowl drew fewer TV fans and entertained them less than any game in the last 10 years.
Semiconductor Sales Topped 1 Trillion Last Year
Semiconductor sales rose nearly 14% last year as the industry sold more than 1 trillion units of high-end microprocessors, memory, and other types of chips.
What to Expect When Alphabet Reports Monday
When Google reports earnings after markets close Monday, analysts are looking for earnings per share for the quarter of more than $10 and revenues topping $37 billion.
Activist Investor Takes the Reins at Papa John’s
Activist investor Starboard Value has dropped $200 million on struggling pizza restaurant chain Papa John's. The dilutive effect of such transactions appears to be offset by Starboard's success at turning around another underperforming chain.
Infrastructure Investment Could Raise US GDP by $5.9 Trillion Over 20 Years
The Business Roundtable has released a new report that shows the value of increased infrastructure spending on the U.S. economy and for U.S. households.
January Consumer Sentiment Index Lowest Since Trump Election
The University of Michigan's consumer sentiment survey in January reached its lowest point since President Trump's election. Those surveyed remained positive about their own financial prospects.
Exxon Earnings Had Only a Little to Do With Oil Production
Exxon Mobil's crude oil production in the fourth quarter rose by less than 1% year over year, and for the full year it was down by less than 1%. Profits came from elsewhere.
Why Tesla Stock Is Getting Pummeled Following Earnings
Tesla's quarterly profits were a little light although full-year profits were better than expected. The retirement of the company's chief financial officer is the reason Wall Street is treating the results with caution.
Are General Electric’s Earnings Really That Good?
General Electric's Power segment continues to struggle, and the jet engine business has taken over as the company's best performer. Continuing asset sales are helping as well.
6 Scenarios on How PG&E Bankruptcy May Play Out
Now the PG&E Corp. (NYSE: PCG | PCG Price Prediction) has filed for bankruptcy protection and several asset management firms have either objected to the filing or say they are prepared to buy convertible…
Where Do Aerospace and Defense Stocks Go From Here?
One big defense contractor is seeing a big gain in its share price Wednesday while another is seeing sharp drop. What about the rest of the country's big defense firms? Here's a look at…
What Follows Boeing’s Earnings Blowout?
Boeing reported quarterly and full-year results Tuesday morning that blew past analyst estimates. Then the aircraft giant proceeded to forecast an even better year in 2019. What's next?