Chevron, Merck Lift DJIA Wednesday
Chevron, Merck, Exxon, and McDonald's kept the DJIA above water on Wednesday.
All Work
Paul Ausick
Why Renters Are Moving to the Suburbs
More Americans are renting homes in the suburbs than in the city according to a new report from RENTCafé.
The 10 Cities Where Tech Salaries Stretch Furthest
Although high-tech jobs are among the best-paying in the United States, cities where the cost of living is high can make tech workers feel poor.
Crude Oil Prices Fall on Smaller-Than-Expected Inventory Decline
WTI crude oil prices fell more than a full point after the U.S. Energy Information Administration said crude inventories fell by nearly 1 million barrels last week, far below expectations.
Facebook Up 300% From IPO Price
The early debacle of Facebook’s IPO is now a very distant memory. Its shares are up about 300% from the first day of trading, and its market cap places it sixth among all publicly…
Google, Facebook Snag 20% of Global Ad Spending
Google and Facebook accounted for 20% of all advertising dollars spent globally in 2016. The two giants are expected to continue their domination, taking more than three-quarters of every new dollar spent in 2017.
Mortgage Loan Rates Little Changed Last Week; New Apps Up, Refinancing Down
Mortgage loan rates remained range-bound last week and the number of applications for new mortgage loans was flat. Refinancing applications fell by nearly three points.
How Tesla Stock Has Gained 1,600% Since Its IPO
How a car company that sold fewer than 100,000 cars last year became more valuable than either Ford or General Motors.
It Had to Happen: Frontier Communications Cuts Dividend by 62%
Frontier Communications reported a worse-than-expected quarterly net loss Tuesday afternoon. The shares are diving following a massive cut to the company's once-massive dividend.
Ford, JC Penney Tumble Into Tuesday’s 52-Week Low Club
Ford, J.C. Penney, Celadon, and Apparel Holdings (Vince) all posted new 52-week lows on Tuesday.
Intel, Apple Prop Up DJIA on Tuesday
Intel, Visa, 3M, and Apple keep the DJIA above water on Tuesday. Apple posted another 52-week high in the morning.
Why the Airlines Don’t Really Care About Their Customers
Airline executives attending a congressional hearing Tuesday morning, but it's unlikely that the real problem with customer service was addressed.
Ford F-Series Pickups Lost 6.5 Points of Market Share in April
Ford maintained its grip on the title of best-selling pickup again in April, but the F-Series pickups lost some market share to competitors.
Jeep Sales Slide 17% as Fiat Chrysler April Sales Drop 7%
Fiat Chrysler sales fell in April, including a sharp drop in Jeep brand sales. Slightly offsetting the decline was a modest year-over-year estimated gain in the average selling price per vehicle.
GM March Sales Tumble 6%, Inventory Remains Stubbornly High
GM's April sales fell nearly 6% in March and its inventory of unsold cars rose by more than 9,500.
Ford Dips to New 52-Week Low on Weak April Sales
Ford sales tanked year over year in April and retail sales plunged. The only bright spot was an increase in the average transaction price.
Boeing Reveals More Details on Planned 737-10
Boeing has revealed more details on changes it will make to include a 737-10 in its new 737 MAX family. A decision on whether the company will go ahead with the plane is expected…
March Home Prices Rise Most in Washington, Utah, Oregon
U.S. home prices rose 7.1% year over year in March, following a 7% increase in February according to the latest data from CoreLogic.
BP Earnings Buoyed by Rising Crude Prices
U.K.-based BP reported sharply higher first-quarter profit on a year-over-year near doubling of the price it gets for crude oil.
Apple Shares Up More Than 20,000% Since IPO
How much would a $1,000 investment in Apple's 1980 IPO be worth today? If you were alive then and spent that thousand bucks on something else, you might not want to know.