Harley-Davidson Slammed by Trump’s Trade War
Iconic motorcycle maker Harley-Davidson said Monday that it expects the trade war with Europe to raise the cost of bikes exported to Europe by an average of $2,200. The firm plans to move some…
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Paul Ausick
IPO News This Week: A Record 12 IPOs Coming to Market
A dozen firms are scheduled to test the U.S. equity markets this week seeking $2.8 billion in new IPO capital.
Train Wreck in Iowa Dumps 230,000 Gallons of Oil into Floodwaters
An oil train derailed Friday in northwestern Iowa, spilling 230,000 gallons of crude oil into the Little Rock River. The spill threatens water supplies as far downstream as Omaha, 150 miles away.
Live Long and Prosper in These 10 US Counties
Where you live has an impact on how long you live. Most Americans know that. Researchers at Realtor.com have identified 10 U.S. counties where residents live longest.
Where Summer Gas Prices Are Headed
The announced OPEC increase in production is expected to have a beneficial impact on summer gas prices. Even so, a road trip is going to cost more this year.
General Electric Exits the Dow as Year’s Worst Performing Stock
General Electric is being dropped from its spot on the Dow Jones industrial average index and it leaves with the dubious distinction of being the worst performing Dow stock for the year to date.
Visa Takes Over as Dow’s Top-Performing Stock
Credit card issuer Visa replaced Boeing last week as the top-performing Dow stock since the beginning of 2018. Nothing spectacular happened, but a solid economy and willing consumers are nothing to sneeze at these…
Ambev, Renren Slide into Friday’s 52-Week Low Club
Ambev, Renren, Celldex, and Yatra Online all posted new 52-week lows Friday.
McDonalds, Verizon Lift the Dow Friday
Verizon, DuPont, McDonald's, and Exxon Mobil gave the Dow a badly needed boost on Friday.
US Oil Rig Count Ticks Down but Prices Jump on OPEC News
The number of U.S. land-based rigs drilling for oil dropped by one this week. Prices jumped earlier this morning on news that OPEC and its partners are raising production by about 600,000 barrels a…
Business Leaders Want to Build ‘Talent Pipeline’
The Business Roundtable today announced a Workforce Partnership Initiative with colleges, universities, and employers teaming up to provide Americans with the job skills they'll need now and in the future.
St. Louis Fed Adds Cryptocurrency Prices to FRED Database
Earlier this week the St. Louis Federal Reserve Bank quietly added price data on four cryptocurrencies to its vast FRED database.
What OPEC’s Production Hike Means
Sources say that OPEC oil ministers meeting in Vienna have reached a tentative agreement on raising production by 600,000 barrels, less than expected or hoped for.
UPS, Teamsters Shake Hands on 5-Year Contract
UPS has reached a tentative agreement with the Teamsters union on a five-year contract affecting some 260,000 employees.
SpaceX Falcon Heavy Rocket Wins US Air Force Contract
SpaceX won its first contract to launch a military satellite into orbit using its Falcon Heavy rocket. The company beat United Launch Alliance, a joint venture between Boeing and Lockheed Martin, for the contract.
General Electric, Starbucks Drop into Thursday’s 52-Week Low Club
General Electric, Starbucks, General Dynamics, and Celldex all posted new 52-week lows Thursday.
Chevron, Caterpillar Sink the Dow Thursday
Caterpillar, Chevron, Intel, and Boeing were the biggest losers among the Dow stocks on Thursday.
Natural Gas Price Slides on Larger-Than-Expected Storage Increase
The amount of natural gas in U.S. storage rose more than expected last week but remains 27% lower than last year's total for the same period and 20% lower than the five-year average.
AT&T Marks Time Warner Win With New Streaming Offer
Just days after getting approval for its acquisition of Time Warner, AT&T is launching new streaming packages featuring some of the content it acquired in the deal.
111 Million Tons of Plastic With Nowhere to Go
New research from the University of Georgia estimates that by 2030 a total of 111 million tons of plastic waste will have nowhere to go except into landfills and polluting the envirnoment.