Will US Energy Production Growth Stifle OPEC-Led Cuts?
A new survey from the Dallas Fed shows oil patch optimism rising as producers and services companies say the oil and gas business is improving.
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Paul Ausick
Americans Pay More for Gas When It Is Cheap
When gasoline prices are lower, Americans may be overpaying at the pump unless they pay attention to local price variations.
15 Million American Households Have Cut the Cord on Pay TV
U.S. households continue to cut the cord to pay TV. More than 15 million households now pay only for broadband internet service.
Alliqua BioMedical, SCANA Drop into Wednesday’s 52-Week Low Club
SCANA, Fang Holdings, Spirit Realty Capital, and Alliqua BioMedical all posted new 52-week lows Wednesday.
UnitedHealth, Travelers Sink DJIA Wednesday
UnitedHealth, Cisco Systems, Travelers, and United Technologies weighed on the DJIA Wednesday.
A Single Robot May Cost Up to 6 Workers’ Jobs
A new academic paper estimates that job losses from adoption of robotic technology could change cost up to 6 million U.S. workers their jobs by 2025.
Global Spending on Data Security to Reach $82 Billion in 2017
Spending on data security is expected to reach nearly $82 billion globally in 2017. By 2020, worldwide spending will top $100 billion.
States Losing and Gaining the Most Homebuyers
Americans are not a mobile as they were 30 years ago, but they are still moving from state to state at a steady pace. Some states are losing population and others are gaining, and…
Crude Oil Prices Bounces Higher Following Big Drop in Gasoline Supply
The U.S. crude oil inventory fell by 900,000 barrels last week, but gasoline stockpiles dropped by 3.7 million barrels, more than 50% more than analysts had expected. Crude prices rose on the news.
Android to Overtake Apple iOS in App Sales This Year
App sales for Android-based mobile devices are expected to surpass sales of iOS apps for Apple devices for the first time in 2017, according to a new report from App Annie.
US Air Force Names Overseer for Boeing’s Air Force One Program
U.S. Air Force names a senior officer to head what has become Boeing's high-visibility Air Force One program.
Mortgage Loan Rates Dropped Last Week, but Moving Higher Now
Applications for new mortgage loans dipped last week and mortgage loans rates fell as well. But weakness in the bond markets has pushed rates higher this week.
GGP, CenturyLink Drop into Tuesday’s 52-Week Low Club
GGP, CenturyLink, Spirit Capital, and AVEO Pharma all posted new 52-week lows on Tuesday.
Apple, JPMorgan Dominate DJIA Tuesday
Apple, JPMorgan, Caterpillar, and Goldman Sachs boosted the DJIA on Tuesday. Apple posted a new 52-week high in the process.
Morgan Stanley Cuts Price Targets on Natural Gas-Related Firms
Energy analysts at Morgan Stanley have cut price targets on 17 of 18 companies affected by continuing low natural gas prices. Coal is not a significant factor and won't be in the future.
Why American Airlines Paid $200 Million for a Small Stake in China Southern
American Airlines announced Tuesday morning that it has acquired a less than 3% stake in China Southern Airlines for $200 million.
January Home Prices Continue Climbing: Case-Shiller
The S&P CoreLogic Case-Shiller home price index for January rose 5.9% year over year, as Seattle, Portland, and Denver reported the largest gains among the 20 cities in the index's composite group.
Fintech Firm Elevate Credit Files (Again) for IPO
Online lender Elevate Credit plans an IPO of 7.7 million shares in an expected price range of $12 to $14, raising $100 million. This is the company's second try after withdrawing a planned IPO…
Did Amazon Get a Good Deal for Souq.com?
Amazon has acquired Middle Eastern e-commerce company Souq.com for an undisclosed purchase price. The U.S. company was apparently able to beat back a last-minute offer from a Dubai-based buyer.
Fitbit, Macy’s Slip into Monday’s 52-Week Low Club
Fitbit, GIII Apparel, CenturyLink, and Macy's all posted new 52-week lows on Monday.