Caterpillar, McDonald’s Dominate DJIA on Tuesday
Caterpillar, McDonald's, Walmart, and JPMorgan Chase lifted the DJIA on Tuesday.
All Work
Paul Ausick
Q2 Mortgage Fraud Risk Remains High; Buffalo, New York Up 54%
Second-quarter mortgage fraud risk was up 20 index points year over year, flat with first-quarter year-over-year growth.
US Looks to Revise Fuel Efficiency Rules
U.S. transportation officials have filed a notice that fuel-economy ratings requirements for model years 2022 to 2025 will be reviewed and possibly revised downward from a target of around 50 mpg by 2025.
Are Americans Warming Up to Self-Driving Cars?
U.S. drivers have mixed reactions to the question of whether their next vehicle purchase will be a self-driving car. Safety remains a top concern.
May FHFA Home Price Index Rises Less Than Expected
U.S. house prices rose slightly month over month in May, according to the Federal Housing Finance Agency. House prices rose more between May 2016 and May 2017.
May Home Prices Continue Strong: Case-Shiller
The Case-Shiller national home price index gained more than 5% in May and posted its sixth consecutive all-time high.
TSA Discovered Record 89 Firearms in Airline Carry-On Bags Last Week
The U.S. Transportation Security Administration (TSA) discovered a record 89 handguns in carry-on bags at U.S. airports last week.
Why GM Earnings Failed to Impress Investors
GM profits and revenues were better than expected, but the bar was set pretty low. The company's inventory levels were very high at the end of June, but GM expects to bring them into…
Fiat Chrysler Offers Police Officer Protection Package
Fiat Chrysler has updated its police officer protection package for the 2018 Dodge Charger Pursuit police vehicle. The package is available at no charge to U.S. law enforcement agencies.
Fairmount Santrol, US Silica Dig into Monday’s 52-Week Low Club
Fairmount Santrol Holdings, US Silica, Hibbett Sports, and TJX Companies all posted new 52-week lows on Monday.
GE, Nike Guide DJIA Down on Monday
General Electric, Nike, Home Depot, and Johnson & Johnson led the DJIA lower Monday.
Arconic Earnings Shadowed by Grenfell Tower Disaster
Lightweight metal products maker Arconic reported better-than-expected profits and revenues, but concern over the part one of its products played in the Grenfell Tower fire last month has made investors cautious.
Boeing Forecasts Global Demand for 1.2 Million New Pilots, Techs by 2036
Boeing this morning projected 20-year global demand for commercial crews and technicians will top 2 million by 2036. During that 20-year period commercial carriers are expected to spend a total of more than $8.5…
KKR Pulls the Trigger on $2.8 Billion Deal for WebMD
KKR and Internet Brands have agreed to acquire online health services company WebMD in an all-cash deal valued at approximately $2.8 billion.
Saudi Arabia Takes Brunt of New OPEC Restrictions
Saudi Arabia has agreed to limit its exports of crude oil and Nigeria has agreed to cap its production at current levels in an effort to raise crude oil prices. The agreements were announced…
How Halliburton Beat Estimates (Hint: US Production Is Rising)
Oilfield services provider Halliburton beat estimates for both profits and revenues this morning. North American well completions were primarily responsible for the company's strong quarter.
IPOs This Week: Real Estate Unicorn Redfin Leads Week’s IPOs
Online real estate brokerage Redfin carries a valuation of $1 billion into its Friday IPO. Other scheduled offerings include two blank-check companies, a commercial bank, and a biotech firm.
CEO Pay: Enough or Too Much?
A research paper due to be presented at the annual meeting of the American Accounting Association next month concludes the CEO pay may not be too high.
5 Negotiation Tactics Home Buyers Should Avoid
If you really want to buy that house you've just made an offer on, don't make one of these five mistakes in the negotiations that follow.
Did German Automakers Collude in Dieselgate Scandal?
German news magazine Der Spiegel reported on Friday that both VW and Mercedes-Benz maker Daimler have filed documents with German authorities revealing what may be anti-competitive activity.