New Hiring Rate Strongest in 18 Months, Led by Oil & Gas Industry
New workforce report from LinkedIn shows strongest new hiring rate for the last two months that the United States has seen since late summer/early fall of 2015.
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Paul Ausick
Will Google Drop the Headphone Jack in Next Pixel Phone?
Google is reportedly planning to drop the headphone jack from the next iteration of the company's hot-selling Pixel smartphone.
Mortgage Loan Rates Move Higher Anticipating FOMC Rate Hike
New applications for mortgage loans rose last week even though interest rates rose as well. Borrowers may have been trying to beat an expected rate hike at next week's meeting of the FOMC.
Student Loans Help Pay for the Beer and Bikinis of Spring Break
Have you ever wondered how cash-strapped college students manage to pay for those spring break trips to sunnier climes?
Valeant, DryShips Plunge into Tuesday’s 52-Week Low Club
Valeant, DryShips, Frontier Communications, and SeaDrill all posted new 52-week lows on Tuesday.
Chevron, Verizon Sink DJIA on Tuesday
Chevron, Verizon, Pfizer, and Merck combined to weigh on the DJIA Tuesday.
EIA Forecasts Rising Production, Slightly Higher Pump Prices
The U.S. Energy Information Administration has increased its estimate of U.S. crude oil production for both this year and next by about 200,000 barrels a day.
US Drivers Remain Wary of Self-Driving Cars
About three-quarters of Americans remain afraid of riding in a self-driving car, at the same time that most would like to have some of the features of autonomous vehicles.
How Analysts View Weatherford’s New CEO
Oilfield services company Weatherford has hired former Halliburton CFO as its new CEO, replacing Bernard J. Duroc-Danner who left the Swiss-based firm in November.
Apple Will No Longer Be the World’s Most Valuable Company
When Saudi Arabian national oil company Saudi Aramco goes public -- now expected in 2018 -- it will displace Apple as the world's most valuable company according an investment bank's survey.
State Tax Collections Could Add $2.3 Billion from Legal Marijuana Sales in 2020
State tax collections from sales of medical and recreational use marijuana could reach more than $2 billion by 2020 in the 29 states and the District of Columbia where sales are currently legal. If…
January Home Prices Rise Most in Washington, Oregon, Colorado and South Dakota
Home prices rose about 7% year over year in January, according to the latest report from CoreLogic. Home prices have risen every month for the past five years.
Lack of Investment Poses Risk of Sharp Increase in Oil Price
The International Energy Agency (IEA) fears that decreased investment in exploration for new sources of crude threaten to drive prices much higher unless new projects are approved and begun soon.
More Netflix Subscriptions Than DVRs in US Homes
In 2017, for the first time, the number of U.S. homes with a Netflix subscription outnumbers the number of homes with a digital video recorder (DVR).
Rite Aid, Frontier Communications Tumble into Monday’s 52-Week Low Club
Rite Aid, Valeant, Frontier Communications, and DryShips all posted new 52-week lows on Monday.
JPMorgan, Intel Sink DJIA on Monday
JPMorgan, Travelers, Intel, and Coca-Cola led the DJIA to settle lower on Monday.
Connected Home Technology Still Limited to Early Adopters
Connected devices that allow consumers to monitor home security systems or home automation/management systems have yet to make a significant dent in the market.
Honeywell Cuts Estimate on Global Helicopter Sales
Global deliveries of civilian-use helicopters are expected to drop according to the latest industry survey by engine-maker Honeywell.
Gas Prices Expected to Rise in Next Several Weeks
The retail pump price for a gallon of regular gas rose three cents in the past week, and higher prices are in store for U.S. drivers over the next several weeks.
How Americans Plan to Spend Their Tax Refunds
Most Americans say that they don't plan to splurge when they receive their tax refunds this year. Is that boring or smart?