Why Millennials Hold the Key to Sales of Luxury Goods
Now that the millennial generation outnumbers the boomers, it's up to them to US economy well-oiled. Some of them are doing their part to rev up a sinking US market for luxury goods.
All Work
Paul Ausick
Why Is Home Depot Escaping the Retail Collapse?
How is Home Depot able to dodge the disruption currently changing the face of retail? Is it really insulated from the onslaught from online sellers, particularly Amazon?
Amazon: The Devil You Know and the Devil You Don’t
One thing investors wanted to hear on conference calls this earnings season was how companies are responding to Amazon. One industry that escaped such queries was defense, but that may have been an oversight.
Why Home Depot Earnings Don’t Seem to Be Enough for Investors
Home Depot reported second-quarter results Tuesday morning that beat consensus estimates for both earnings and revenues. Shares are up, but not as much as one might expect.
J.C. Penney, Whiting Petroleum Fall into Monday’s 52-Week Low Club
J.C. Penney, Nabors Industries, Whiting Petroleum, and Synergy Pharmaceuticals all posted new 52-week lows Monday.
Apple, Microsoft Lift DJIA Monday
Apple, Microsoft, Goldman Sachs, and Visa posted solid gains Monday to push the Dow higher.
US Seniors Hammered by Debt
More Americans over the age of 50 have non-mortgage debt and more of it than ever before. This can have profound effects on retirement and future quality of life.
Why US Gas Prices Are on the Decline
Gasoline pump prices have drifted lower since reaching a recent peak last Wednesday. The downward trend should continue this week as well.
Back-to-School Spending to Average $716 This Year
Parents are expected to spend an average of $716 on back-to-school items this year, including clothes, shoes, electronic gear, supplies, and books. That's 6% higher than 2016 spending.
Solar Energy Battle Kicks Off in Earnest on Tuesday
A trade case brought by two bankrupt solar cell providers gets its first hearing in front of the U.S. International Trade Commission on Tuesday. The outcome shapes up as a big deal for the…
Netflix Tries to Even the Score With Disney
Netflix has signed Shonda Rhimes, creator of "Grey's Anatomy" and "Scandal" for Disney's ABC network to a multiyear contract, after Disney ended its deal with Netflix for Disney- and Pixar-branded content.
US Navy Preps for Drone Refueling Competition
The US Navy is seeking proposals for building a drone refueling tanker for its carrier force. A final request for proposal is due this year and a contract award is expected next year.
IPOs This Week: Offerings Winding Down in Dog Days of August
Three companies concluded successful IPOs last week, but the results were less than hoped for. Just one offering is on this week's calendar.
SpaceX to Send Supercomputer Into Space
On Monday, a SpaceX Falcon 9 rocket will carry a supercomputer that has not been specially designed for use in space to the International Space Station for a year-long experiment.
Is Event Ticketing Next on Amazon’s To-Do List?
Amazon is considering challenging Ticketmaster in sales of tickets for live events according to an exclusive report at Reuters.
Hindus Want Kellogg to Stop Adding Beef to Cereal, Other Products
A Hindu organization, among other things, wants Kellogg to apologize for selling products that contain beef but that are not labelled as such and wants the company to remove all those products from store…
Boeing Holds On as DJIA’s Best Performer in 2017
Boeing continues its run as the best performing stock among the 30 equities that make up the Dow Jones Industrial Average. But shares have dipped for two consecutive weeks now.
GE Sinks to New 52-Week Low, Still DJIA’s Worst Stock of 2017
General Electric is the year-to-date's worst performing stock on the Dow for the fourth straight week. Even a large stock purchase by new CEO John Flannery couldn't scare up more buyers.
Never Utter These 5 Things When Closing on a Home
When you sit down to close on the purchase of a new home it is not the time to get chatty with the sellers or the title company. In fact, there are some things…
Tesla’s Junk Bonds as Hot as Tesla Stock
Tesla has completed an offering of senior unsecured debt raising $1.8 billion to help the company ramp up production for the new Model 3 sedan.