Ford, General Motors Back into Thursday’s 52-Week Low Club
Ford, General Motors, Freeport-McMoRan, and J.C. Penney all posted new 52-week lows Thursday.
All Work
Paul Ausick
Caterpillar, IBM Tank the Dow Thursday
Apple, IBM, Home Depot, and Caterpillar were the biggest losers in a significantly poor day for the Dow stocks.
Google’s Cancer-Detecting AI and the Future of Work
Google's recent announcement of an algorithm for detecting metastatic breast cancer, Lymph Node Assistant (LYNA), is able to positively classify metastatic cancer with 99% accuracy and accurately to highlight the location of the cancerous…
Business Leaders Support Long-Term View of Corporate Governance
An ad hoc group of U.S. business leaders on Thursday released their list of corporate governance principles for publicly traded companies, their boards of directors and institutional investors.
Mortgage Fraud Risk Rises for Eighth Straight Quarter
The CoreLogic quarterly mortgage fraud risk index rose for the eighth consecutive time in the third quarter of 2018.
What Nucor, Steel Dynamics Earnings Indicate About the Industry and Tariffs
Two U.S.-based steelmakers have reported profits and earnings that came in sharply higher than the same period a year ago. How are tariffs on imported steel affecting these and other domestic steelmakers?
Natural Gas Price Holds Loss Level Steady After Storage Report
The U.S. natural gas stockpile rose by 81 billion cubic feet last week, slightly less than analysts had expected. The weather outlook for the coming week is for demand to remain high.
The Drivers Behind Travelers Earnings
Dow component Travelers reported third-quarter results Thursday morning that beat estimates for profits and revenue.
Crude Oil Price Tumbles Below $70 on Surge in Inventories
U.S. crude oil inventories rose by much more than expected last week and have added to the decline that was already happening in crude oil prices.
September Housing Starts Well Below Expectations
U.S. housing starts declined month over month in September but remain nearly 4% higher than a year ago. New permits issued remain roughly flat with year-ago totals.
Huawei Launches iPhone XS Challenger
Chinese smartphone maker Huawei launched a new device Tuesday, the Mate 20 Pro, a direct challenger to Apple's latest iPhones.
Mortgage Applications Tumble as Interest Rates Continue Climbing
The Mortgage Bankers Association reported Wednesday that applications for new mortgages dropped about 7% last week. Rising interest rates are beginning to have an impact on home sales.
September Car Sales Plunge in Europe
Following a month of booming auto sales in the European Union, September sales plunged more than 20% as new emissions and fuel-consumption testing procedures were implemented.
25 Best US Cities for Jobs in 2018
What cities claim particularly hot job markets this year? How much do they pay? How much does it cost to live there? Glassdoor has the answers in its new survey of the best U.S.…
New Auto Loans Up 3.5% in First Half of 2018
The average U.S. new car loan rose 2.2% year over year in the first half of 2018 to nearly $23,000, according to new data from Equifax. More than 12 million Americans borrowed the money…
Carl Icahn Takes Another Swing at Michael Dell
Carl Icahn plans to launch a proxy fight to prevent Michael Dell and Silver Lake Partners from completing a reverse merger with a tracking stock controlled by Dell and Silver Lake that would bring…
October Homebuilder Index Improves Slightly, but Headwinds Lurk for 2019
The National Association of Home Builders October housing market index rose by one point month over month. Demand remains strong, but rising costs and interest rates are causes for concern.
Tight US Labor Market’s Latest Worker Benefit: Paternal Leave, Help With Childcare Costs
In today's tight U.S. labor market, higher pay is not the only way to attract and keep employees, according to outplacement firm Challenger, Gray & Christmas.
Amazon Prime Growth Flattening Out in US
Amazon Prime's membership growth rate is flattening out in the United States. This may be a cause for concern for the company because Prime members spend more than twice as much annually as nonmembers.
Goldman Sachs Earnings Still Bedeviled by Fixed Income Declines
Goldman Sachs reported third-quarter earnings before markets opened Tuesday that beat estimates for both EPS and revenue.