Homebuilder Confidence Still Solid in July, but Not Rising
The National Association of Home Builders (NAHB) homebuilders confidence index remained unchanged in July but still holds at a solidly positive level.
All Work
Paul Ausick
Boeing Forecasts 20-Year Aircraft Demand at 42,730 New Jets
Global demand for new aircraft is reckoned to reach nearly 43,000 new airplanes by 2037, most of the narrow-body, single-aisle type. More than $6 trillion is up for grabs.
IBM Partners With FDIC-Insured Cryptocurrency
IBM has partnered with a cryptocurrency startup seeking to usher in a real-time domestic and international payment system.
Walmart, Microsoft Join Forces for One-Two Punch at You-Know-Who
Walmart has signed a five-year deal with Microsoft for cloud solutions and services in an effort to standardize the Walmart family of brands.
The World’s 10 Best Metro Economies
The world's cities are now home to more than half of the global population and the 300 largest cities account for nearly half of all global growth in employment and GDP per capita.
Volkswagen Tops European June Auto Sales; Fiat Chrysler Leads Ford
New car registrations in the European Union rose 5.2% year over year in June and are 2.9% higher for the first half of 2018. Volkswagen widened its lead as the top-seller.
Boeing Racks Up Firm Orders at Airshow, Airbus Not So Much
As the U.K.'s Farnborough Airshow enters its second day, the world's two main commercial jet makers are locked in a PR battle of deal announcements. One is taking orders and the other is signing…
Tribune Media, Gogo Tumble into Monday’s 52-Week Low Club
Tribune Media, Icici Bank, Gogo, and Halcón Resources all posted new 52-week lows Monday.
Cisco, JPMorgan Lead the Dow Slightly Higher Monday
JPMorgan, Goldman Sachs, Cisco Systems, and Boeing were the leading Dow gainers Monday.
US Gas Price Ticked Higher This Week
U.S. gasoline pump prices rose a penny last week to start the new week at around $2.88 a gallon. Crude oil prices continued a slide begun last Wednesday and may pull pump prices down…
FCC Chief Wants to Send Sinclair Bid for Tribune Media to Administrative Law Judge
FCC chairman Ajit Pai has cast serious doubt on the completion of Sinclair Broadcast Group's proposed $3.9 billion takeover of Tribune Media.
American Express Seeks Blockchain Patent
Financial services giant American Express has filed a patent application for a blockchain-based proof of payment system.
Wild Rumor of the Day: Microsoft Is Making Its Own Android Phone
A report Monday morning at BGR.com hints that Microsoft may be working on a smartphone that will use Google's Android operating system.
Retail Spending Jumps Again in June: Census Bureau
The Census Bureau's advance report on June retail sales showed a year-over-year gain of 6.6% and a month-over-month increase of 0.5%. The U.S. economy continues to rock along.
Boeing, Airbus Orders on Day 1 of Farnborough Airshow
As expected, the first day of the Farnborough Airshow was a busy one for the two major commercial jet makers.
What Propped Up Bank of America Earnings
Bank of America reported second-quarter earnings Monday morning. Net income rose 33% on a slight decline in revenue net of interest expenses.
IPO News This Week: 10 US Offerings Crowd the Calendar
After a slow start to the month, the IPO market returns with a bang in the coming week. There are 10 IPOs on the calendar seeking $1.1 billion in new capital.
UK Airshow All About Boeing, Airbus Sales
The Farnborough Airshow kicks off near London on Sunday. Boeing and Airbus are expected to announce new orders, but a decision on a new aircraft from Boeing is not likely to take place.
Luxury Home Prices Rising, Sales Booming
Luxury homes remain in high demand, driving prices up and selling quickly once they appear on the market. Here are 20 U.S. counties where luxury home prices rose the most in the past year.
Papa John’s Schnatter Whines: Agency ‘Pushed’ Him to Utter Offensive Remark
Papa John's founder John Schnatter told a Kentucky radio station that he was goaded into making a racially insensitive remark during a conference call with the firm's media agency. That hasn't stopped sponsorship partners…