JPMorgan, Goldman Sachs Sink the Dow Tuesday
JPMorgan, Goldman Sachs, American Express, and General Electric were the big losers among the Dow 30 stocks Tuesday.
All Work
Paul Ausick
US Gas Price Reacts to Crude Oil’s Falling Price
After rising sharply over the past several weeks, gas prices rose just a couple of pennies last week and not at all since Friday.
Retailer Emails a Mixed Bag for Customer Engagement
In a recent survey of consumers, consultants at Brand Keys found just four of 15 brands received positive consumer engagement scores for emails received from those retailers.
March Home Prices Continue Racing Higher
The S&P CoreLogic Case-Shiller national house price index for March rose 6.5% year over year and 0.8% month over month to continue its seemingly nonstop rise.
Trump to Proceed With 25% Tariffs on $50 Billion of Chinese Imports
The White House said Tuesday morning that the United States would identify in June certain Chinese goods that would be subject to 25% tariffs and begin imposing the tariffs shortly thereafter.
Canada Buys Kinder Morgan’s Trans Mountain Pipeline System
Kinder Morgan's Canadian subsidiary has sold the troubled Trans Mountain pipeline system and expansion project to Canada's federal government. The government plans to sell the assets as soon as it finds a buyer.
North Korea: Country and Military by the Numbers
A potential summit meeting between the United States and North Korea to discuss Korea's nuclear weapons program is under discussion again. The isolated country also has other military and cyber assets that bear watching.
Why Nissan Is Slashing North American Production
Japanese business newspaper Nikkei reported Monday that Nissan is cutting production at its North American plants by 20% and shifting sales focus from market share to profits.
Marijuana Sales: Strong in Nevada, Disappointing in California
For the first nine months of its 2018 fiscal year the state of Nevada has collected about 97% of its original estimated full-year tax take from legal marijuana sales. California has virtually no chance…
Gasoline Holding at Just Below $3 a Gallon, Crude Oil Price Sliding
The price of a barrel of oil has fallen by $5 a barrel since last Thursday. U.S. consumers are paying an average of just under $3 a gallon for regular gas and might be…
IPO News This Week: 2 Offerings on Short-Week’s Calendar
There are two IPOs on tap for the holiday-shortened week ahead. Both are returnees that delayed the planned offerings from last week.
10 Best US Cities to Flip a Home
Home flipping was more popular than ever last year. But if you want to try your hand at it, some cities offer better opportunities than others.
How Hedge Funds Have Invested $6 Trillion for Q2
The 50 largest U.S. hedge funds manage more than $6 trillion in assets for thousands of investors who are willing to pay their hefty fees in exchange for better than average returns. That’s why…
Procter & Gamble Remains the Dow’s Worst Performing Stock
Procter & Gamble shares added more than 1% last week but that was not enough to allow the consumer products giant to relinquish its position as the worst performing Dow stock of the year…
Boeing Continues as Top Performing Dow Stock
Shares of Boeing moved higher again last week to cement the aerospace giant's place as the top performing Dow stock for the year to date.
Gas Prices Up 25% Since Last Memorial Day
The average price for a gallon of regular gas has reached $2.97 as the Memorial Day holiday weekend begins. Even though crude oil prices plunged on Friday, prices are likely to remain elevated and…
Zoe’s Kitchen, Northern Dynasty Plummet into Friday’s 52-Week Low Club
Helios and Matheson, Zoe's Kitchen, Northern Dynasty Minerals, and Deutsche Bank all posted new 52-week lows Friday.
Chevron, Exxon Tank the Dow Friday
Chevron, Exxon Mobil, Caterpillar, and American Express were among the big loses on the Dow Friday.
US Oil Rig Count Soars This Week, Crude Price Plunges
The number of land-based rigs drilling for oil in the United States rose by 15 this week. High prices for crude oil continue to drive more production.
Shell Adds Another Well to Gulf of Mexico Play
Royal Dutch Shell has announced a major oil discovery in the U.S. Gulf of Mexico about 170 miles southeast of New Orleans. The company expects to begin production by late next year.