New Construction Spending Jumps in November
Construction spending in November rose more than analysts expected. For the first 11 months of last year, new construction spending also exceeded expectations.
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Paul Ausick
November Home Prices Rise 7.1% Nationally; 14 States Set New Highs
Home prices in the United States rose for the 58th consecutive month in November, and they reached new highs in 14 states.
Music Streaming Tops 250 Billion Songs in 2016
More than 250 billion audio streams were played last year, an increase of more than 82% compared with 2015, according to industry researchers at BuzzAngle Music.
Automakers Bringing It to the 2017 Consumer Electronics Show
The 2017 Consumer Electronics Show opens Thursday, and while excitement seems rather muted for consumer electronics products, there is plenty of interest in what automakers are bringing to Las Vegas this year.
Here’s the List Price of All Boeing’s Commercial Airplanes
For Boeing, which did not raise list prices in 2016, reducing its costs has helped make up for the larger discounts. We can expect continued cost cutting from Boeing, both from layoffs and from…
Why 2017 May Be a Very Good Year to Sell Your House
Housing inventory has been below normal for more than two years now. That’s been true of new homes and existing homes, and the forecast for the new year is not a whole lot better.…
Coal Mining Firm Ramaco Files for IPO
Given the bankruptcy filings of two the country’s largest coal miners earlier this year, it may seem like a bit of wishful thinking that a new coal miner has filed for an initial public…
60% of Americans Don’t Even Know That Plug-in Electric Vehicles Exist
A person could be forgiven for thinking that all the hoopla in the business press about Tesla Motors Inc. (NASDAQ: TSLA) has raised Americans’ awareness of battery electric vehicles (EVs) and other plug-in hybrid…
Marijuana News Roundup: The Biggest Stories of 2016
When it comes to big news in the marijuana industry, none was bigger than the vote in California to legalize adult recreational pot use. Adding about 25 million new potential customers is a huge…
Competition for Air Force Training Jet Now Begins in Earnest
The U.S. Air Force released its final request for proposal on Friday for a fleet of some 350 new training jets. A winner is expected to be named sometime in 2017.
Best Buy Makes Last, Best Offers for 2016
Best Buy is promoting end-of-2016 pricing on hundreds of items, with the sale pricing ending at midnight Saturday.
Oil Rig Count Up by 2; Hedge Funds Sit Still at Year’s End
In the week ended December 30, there are a total of 658 working rigs in the United States, according to the latest Baker Hughes North American Rotary Rig Count.
Marijuana Price Ticks Up to $1,615 a Pound
For the week ended Friday, December 30, the spot price index for a pound of cannabis barely increased, according to the analysts at Cannabis Benchmarks.
Plug Power, Innocoll Drop into Friday’s 52-Week Low Club
December 30, 2016: Here are four stocks trading with relatively heavy volume among 66 equities making new 52-week lows in Friday’s session. On the NYSE, decliners led advancers by about 3 to 2 and…
Apple, United Technologies Sink DJIA on Friday
December 30, 2016: Markets opened slightly higher Friday but in a repeat of Thursday’s action, traded mostly in the red all day. The day before a three-day holiday weekend often ends up with low…
Largest Buyer of US Gasoline Exports: Mexico
In the month of September, the top destination for U.S. gasoline exports was Mexico, followed by number 2, the Dominican Republic.
Fake Law Enforcement Badges Still Available at eBay
Would you know an authentic county sheriff's badge if someone dressed in a police uniform showed you one? How about an FBI badge from someone in a suit?
2016: A Good Year for Catching Cybercriminals
2016 is on track to be the worst year ever for data breaches and hacking attacks. That's the bad news. The good news is that 2016 also has been a banner year for hacker…
2016 Car Sales to Set New Record
December auto sales are expected to be a bit below December 2015 totals, but full-year totals could top 2015's record of 17.4 million units sold.
Cempra, xG Technology Slide into Thursday’s 52-Week Low Club
December 29, 2016: Here are four stocks trading with relatively heavy volume among 55 equities making new 52-week lows in Thursday’s session. On the NYSE, decliners led advancers by about 3 to 2 and…