Netflix Rules US Video Streaming
Among the various U.S. over-the-top streaming services, Netflix has more than double the total viewing hours of the second-most popular streaming service.
All Work
Paul Ausick
Crude Oil Price Jumps on Big Drops in Crude, Gasoline Stockpiles
U.S. crude oil and gasoline inventories dropped more than expected last week and pushed crude oil prices up by more than 2% Thursday morning.
Home Depot Acquires Machinery Rental Firm in $265 Million Deal
Home Depot has announced its acquisition of Compact Power Equipment for $265 million in cash. The deal is expected to close by the end of this month. Compact Power currently provides equipment rental and…
Electric Vehicles to Total 54% of Car Sales by 2040
Bloomberg New Energy Finance on Thursday released its latest long-term forecast for electric vehicle adoption through 2040. The firm reckons that 54% of new cars sold by then will be electric.
Building a $17,000 Apple iMac Pro
When Apple's recently introduced iMac Pro goes on sale in December it will carry a price tag of $4,999. But that's an entry level machine -- the real Pros could pay up to $17,000…
Mortgage Loan Rates Rose to 2-Month Highs Last Week
Mortgage rates rose to a two-month high last week, according to the Mortgage Bankers Association. New applications also rose and refinancing applications fell slightly.
Rite Aid, O’Reilly Automotive Tumble into Wednesday’s 52-Week Low Club
Rite Aid, Advance Auto Parts, O'Reilly Automotive, and Yamana Gold all posted new 52-week lows Wednesday.
Intel, Boeing Buoy DJIA on Wednesday
Intel, Boeing, JPMorgan, and UnitedHealth kept the DJIA in the green Wednesday.
Russian Refusal to Cut Production Further Ends Run-Up in Crude Prices
Crude oil prices have dropped more than 3.5% Wednesday following a report that Russia will neither extend nor deepen the current production cuts of 1.6 million barrels a day.
Counterfeit Products Become Bigger Issue for Walmart
Walmart's success at growing its online marketplace has come at a cost. More counterfeit products are being sold both by the company and by its third-party sellers.
Best and Worst Real Estate Markets by State
U.S. home prices increased by an average of more than 6% in May. Two states posted gains in the double digits, while three posted declines in home values for the month.
Walmart Marketplace Gaining Serious Traction
Walmart investment in its online sales appear to be paying off, but there is more the company could do to increase its share of a market estimated to rise to more than $750 billion…
CoreLogic Home Price Index Rises Nearly 7% in May
The national home price index from CoreLogic rose more than 6% year over year in May and less than 2% month over month.
Volvo’s Electric Car Story Is Not Too Compelling
Sweden's Volvo said this morning that all new cars launched in 2019 and thereafter will include at least some electric capability. How big a deal is this for Volvo and its Chinese owner, Geeley?
Microsoft More Valuable Than Apple Thanks to Software Glitch
A software glitch caused inaccurate reporting of Monday's closing price on some Nasdaq-traded stocks. No actual trades were completed and there was no effect on the NYSE.
Nevada Pot Sales at $3 to $5 Million on First Weekend
Nevada's first weekend of legal sales of marijuana for recreational use generated $3 to $5 million in sales according to one estimate.
Kia Quality Cannot Stop Falling Sales
For the second year running, Kia was the top brand in J.D. Power's Initial Quality Survey, winning the top spot in five categories. But sales are down nearly 10% for the first half of…
North Korea: Country and Military by the Numbers
North Korea claims to have launched an ICBM Tuesday, once again challenging the US, China, Japan, and South Korea. Despite its very modest size geographically and economically, North Korea has become a major threat…
Average Car Loan Length Reaches 69 Months
The average repayment period for a new car has reached nearly six years in the United States. An average buyer now finances more than $30,000 on the purchase of a new car.
Ford Pickups Top Unit Sales in June as GM Gains Share
Ford's F-Series pickups once again led the sales race in June, with total unit sales of 77,895. GM's Chevy Sierra added nearly three points of market share, however.