The Dozen Best Family Cars of 2017
The editors at Kelley Blue Book have named 12 winners in their 2017 Best Family Cars list, including the Subaru Outback, Honda Pilot and Chevy Tahoe.
All Work
Paul Ausick
Mortgage Loan Rates Dipped Again Last Week as Applications Drop Nearly 4%
The Mortgage Bankers Association reported new loan applications fell more than 3% last week and mortgage rates mostly ticked down a few basis points.
Gevo, Hibbett Sports Tumble into Tuesday’s 52-Week Low Club
Gevo, Hibbett Sports, Vince Holdings, and Tidewater post new 52-week lows on Tuesday.
Apple, JPMorgan Dominate DJIA on Tuesday
JPMorgan, Apple, Merck, and Goldman Sachs all set new 52-week highs and dominated the rising DJIA on Tuesday.
Should eBay Be Doing More to Stop Sales of Fakes?
Sales of counterfeit items is a serious issue for e-commerce sites like eBay. Is the company working hard enough to protect consumers from fake or dangerous products.
Has the US Reached ‘Peak Car’?
U.S. light vehicles and miles driven remain down from their peaks of around 10 years ago, but have been rising in the last couple of years. Are more cars and more miles at a…
Why GM Wants to Sell Opel Group
GM is reportedly in talks with Peugeot regarding the sale of GM's Opel Group to the French automaker.
December Foreclosure Inventory Hits Pre-Crisis Average
The December total of 21,000 completed foreclosures is equal to the average number of monthly foreclosures for the first time since the housing market crashed in 2007.
Are Airlines at Odds With Trump, Boeing?
Boeing and the three legacy U.S. airlines are on opposite sides of a dispute over the Open Skies agreement, and both are bidding for President Trump's support.
January Small Business Optimism Ticks Higher, Wages Up 4%
Optimism among small business owners rose 0.1 percentage points in January while wages rose by 4% and the number of small business owners planning to raise wages slipped 2%.
The Romance of Gift Cards
The most preferred gift this Valentine's Day is — wait for it — a gift card. The bits of plastic are twice as popular as flowers
Hain Celestial, Smith & Wesson in Monday’s 52-Week Low Club
Smith & Wesson, Hain Celestial, Cie Energy, and Tidewater posted new 52-week lows on Monday.
Caterpillar, Cisco Systems Lift DJIA on Monday
Caterpillar, Cisco Systems, Goldman Sachs, and Intel lead DJIA to another record high Monday.
EIA: Drilling Productivity to Climb 80,000 Barrels a Day in March
The US Energy Information Administration reported Monday that crude oil production in seven major onshore oil plays is set to rise by 80,000 barrels a day in March. Crude prices dropped nearly 2%.
Holiday Season E-Commerce Spending Hits $109 Billion
Americans used their mobile devices to order $109 billion in retail goods during the fourth quarter of 2016. The total represents a year-over-year gain of 18%.
Valentine’s Day Spending to Top $26 Billion
Americans are expected to spend $26 billion for Valentine's Day gifts this year. That works out to more than $130 in spending for the 81% of the population that plan to celebrate the holiday.
Could Boeing Lose the Contract for Air Force One?
A Pentagon report discusses replacing the proposed Boeing 747-based Air Force One with a version of Northrop Grumman's B-21 stealth bomber. It would cost less and be safer, but less accommodating.
Is Amazon Eyeing a Move Into TV?
Amazon.com is considering creating its own premium movie channel reports the New York Post. The company already offers Prime subscribers premium streaming subscriptions to HBO and Showtime, among others.
How Rosy Is the Outlook for Teva Pharmaceutical?
Teva beat estimates on earnings and revenues for both the quarter and the fiscal year and its outlook for 2017 is better than the consensus estimates.
IPO Market Dries Up This Week
Three firms successfully entered the public markets last week, but the IPO market is hitting a quiet time with no new offerings scheduled for next week and, very likely, none for the subsequent week…