All Work

Paul Ausick

US Shale Oil Production to Rise 141,000 Barrels a Day in July

The U.S. Energy Information Administration forecast that July production for seven major shale oil plays will rise by 141,000 barrels compared to June Production and more than 1.7 million barrels above July 2017 production.

Paul Ausick · 8 years ago

Homebuilder Confidence Takes a Hit in June

The National Association of Home Builders reported a drop of two points in its housing market index in June. Soaring prices for lumber could get worse as trade relations between the U.S. and Canada…

Paul Ausick · 8 years ago

BJ’s Wholesale Club IPO All About Debt Repayment

Seven years after being taken private by two private equity firms, BJ's Wholesale Club has filed terms for an IPO. The company plans to pay down debt with the the proceeds.

Paul Ausick · 8 years ago

Audi CEO Arrested in Diesel Emissions Scandal

Public prosecutors in Munich arrested Audi CEO Rupert Stadler early Monday morning citing the risk that he may attempt to suppress evidence in the ongoing investigation of the diesel emissions cheating scandal.

Paul Ausick · 8 years ago

Want to Buy a California Ghost Town?

A ghost town for sale in the Inyo Mountains of southern California was the most viewed listing last week at the Realtor.com website. The price is certainly right but the town may need more…

Paul Ausick · 8 years ago

Protecting US Dams From Cyberattacks

The U.S. Bureau of Reclamation recently awarded a 5-year, $45 million contract to provide cybersecurity services to some 600 U.S. dams. Its a start at protecting critical U.S. infrastructure, but is it enough to…

Paul Ausick · 8 years ago

Boeing Holds On as Dow’s Top-Performing Stock

Boeing held on to its lead as the best performing stock among the 30 equities that comprise the Dow index, but Nike made a serious run and only missed taking over by a fraction.

Paul Ausick · 8 years ago

US Oil Rig Count Ticks Up Again as Crude Price Slides

The number of U.S. land-based rigs drilling for oil rose by 1 for the second consecutive week. Rigs drilling for natural gas dropped and the total rig count for the week came in at…

Paul Ausick · 8 years ago

Trump Enacts Tariffs, China Ready to Fire Back

President Trump on Friday morning announced tariffs on 1,102 products imported from China. The Middle Kingdom was quick to respond and a trade war unwanted by all but the President and a few of…

Paul Ausick · 8 years ago

June Consumer Sentiment Up, But Expectations Waver

The University of Michigan's preliminary report on consumer sentiment for June rose slightly month over month and the year-over-year level is 4.5% higher than the early June 2017 report.

Paul Ausick · 8 years ago

130,000 US Teens Found Summer Jobs in May

The summer hiring for season for teens got off to a good start in May as 130,000 of them found jobs. That's a far more impressive total than May 2017 according to the latest…

Paul Ausick · 8 years ago