The Market for Gold in 2048
The World Gold Council has just published a 30-year look-ahead at the market for gold.
All Work
Paul Ausick
JC Penney Results, Outlook Send Shares Plummeting
Struggling retailer J.C. Penney continues to disappoint investors. The store reported a wider than expected loss Thursday morning and cut full-year earnings guidance sharply as well. Not a winning combination.
Why Walmart Earnings Were Good Enough
Walmart's first quarter results beat consensus earnings estimates by a penny and topped the revenue estimate as well. U.S. same-store sales growth was solid and store traffic was up. It adds up to a…
European Auto Sales Rise 10% in April; Ford Adds to Share
New car sales in Europe rose nearly 10% year over year in April and sales for the first four months of 2018 are up nearly 3%.
Santander, Deutsche Bank Leap into Wednesday’s 52-Week Low Club
Banco Santander, Deutsche Bank, Cesca Therapeutics, and Vodafone all posted new 52-week lows Wednesday.
Nike, General Electric Lead the Dow Higher Wednesday
Nike, General Electric, Disney and Walmart led the Dow to a small gain on Wednesday.
17 Global Brands That Lured 1 Billion Customers Each Last Year
In the fast-paced world of consumer products there is only a virtual handful of brands that capture massive market penetration and consumer purchasing. Here at 17 products that lead all others.
Cryptocurrency Firm Circle Raises $110 Million to Launch Dollar-Backed Token
A Beijing-based maker of hardware for cryptocurrency mining has led a $110 million funding round for a Boston-based digital currency company.
Crude Oil Price Narrows Loss as Inventory Slides
The EIA reports that U.S. crude oil inventories fell by 1.4 million barrels last week and gasoline stockpiles fell by 3.8 million barrels. But production and exports continue rising, offsetting the inventory declines and…
April Housing Starts Post Modest Year-Over-Year Gain
New housing starts posted a slim year-over-year gain in April, but fell sharply over an upwardly revised March total and missed the consensus estimate.
Geopolitics Trumps Oil Market Fundamentals: IEA
The International Energy Agency this morning released its monthly report on the global oil market. The IEA is forecasting slightly lower demand for this year as rising prices begin to take their toll.
Tesla’s Not-Very-Good Week
While Tesla has had some unusual issues for the past few months, the past several days have seen a piling on of bad news and that has had a chilling effect on the share…
Mortgage Loan Rates Spike Higher, Applications Continue Slide
Mortgage loans rates made mixed moves last week, but so far this week the direction has been higher. On Tuesday, mortgage loan rates hit a new 52-week high.
Coca-Cola, Snap Dive into Tuesday’s 52-Week Low Club
Coca-Cola, Snap, Ultra Petroleum, and Altria Group all posted new 52-week lows Tuesday.
Intel, Caterpillar Sink the Dow Tuesday
Intel, Caterpillar, 3M Company, and Verizon were among Tuesday's biggest Dow losers.
Boeing, Airbus Both Claim Victory in WTO Subsidy Case
The 14-year old dispute between Boeing and Airbus may have come to a conclusion Tuesday morning with a ruling from the World Trade Organization that both sides are claiming as a victory.
Americans Aren’t Yet Sold on Self-Driving Cars
Americans remain skeptical of self-driving cars according to survey results published Tuesday by Gallup. The technology has not made impressive strides toward consumer acceptance.
Homebuilder Confidence Gathers Steam in May
The National Association of Home Builders (NAHB)/Wells Fargo housing market index (HMI) for May rose two points from the April reading of 68 to 70. The HMI posted an 18-year high of 74 in…
Retail Auto Sales Slow, Gasoline Sales Soar in April: Census Bureau
The U.S. Census Bureau reported a second consecutive month of retail sales growth, but a large part of that resulted from higher pump prices for gasoline.
Why Sports Betting Ruling Is a Win for State Marijuana Laws
Monday's U.S. Supreme Court ruling on sports betting may also end federal efforts to restrain states from enacting and enforcing less restrictive laws on medical and recreational use of marijuana.