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Paul Ausick

December Homebuilder Confidence Nosedives Again

The National Association of Home Builders reported another dip in builder confidence in December. The confidence index has dropped 12 points in two months and is 18 points below last December's all-time high.

Paul Ausick · 8 years ago

Vaping More Popular Than Ever Among US Teens

The percentage of U.S. teens who report using vaping devices is on the rise. Year over year, use by high school seniors rose by a third in 2018. But there's also some good news…

Paul Ausick · 8 years ago

Boeing Pays $4.2 Billion for Stake in Embraer JV

Boeing and Brazilian aircraft maker Embraer have agreed to establish a joint venture to build and service Embraer commercial jets. Boeing will pay $4.2 billion for an 80% share in the JV.

Paul Ausick · 8 years ago

2018’s Worst Crimes Against Passwords

Most internet users have lots of passwords. Many of those passwords are next to useless because they are easy to guess or easy to find. Others are just given away by their owners. Here…

Paul Ausick · 8 years ago

Half of CFOs Expect US Recession in 2019

A new survey from Duke University reports that half of U.S. CFOs believe the domestic economy will be in recession by the end of 2019. The outlook is even gloomier from global CFOs.

Paul Ausick · 8 years ago

Amazon and Walmart Are Taking Aim at Each Other

The competition between Amazon and Walmart is only likely to heat up as the online giant goes after physical space while the brick-and-mortar behemoth continues expanding online. Loup Ventures weighs in on the contest.

Paul Ausick · 8 years ago

Growing Hemp to Become Legal in the US

The U.S. House and Senate have approved the 2018 Farm Bill that includes provisions to once again legalize industrial hemp farming. The bill is now waiting for an expected signature from the president.

Paul Ausick · 8 years ago

Natural Gas Price Dips Following Storage Report

U.S. natural gas in storage dropped by 77 billion cubic feet last week, close to the low end of the expected range. Prices have been dropping, and are down about 20 cents week over…

Paul Ausick · 8 years ago

PG&E Adds Details on Possible Cause of California’s Camp Fire

Northern California electric utility PG&E sent a letter to the state public utility commission Wednesday adding details to the company's early reports on equipment damage that may have caused the wildfire that has killed…

Paul Ausick · 8 years ago

Crude Oil Price Pared Gain Following Modest Inventory Drop

The U.S. commercial crude oil inventory dropped by more than 1 million barrels last week, a far smaller drop than reported Tuesday night by the American Petroleum Institute. The price of crude softened following…

Paul Ausick · 8 years ago