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Paul Ausick

Personal Income, Spending Flatten in November

The U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) reported Thursday morning that personal income increased month over month by less than 0.1% in November, after rising 0.5% in October. Disposable personal income…

Paul Ausick · 10 years ago

US GDP Growth Estimate for Q3 Rises to 3.5%

U.S. GDP rose at an inflation-adjusted and seasonally adjusted rate that was higher than the October and November estimates, according to the Bureau of Economic Analysis.

Paul Ausick · 10 years ago

Detroit Three Automakers to Crimp Car Production in January

Incentives alone won't sell cars, sport utility vehicles and pickups, and that means that carmakers are going to have to take steps to reduce inventories, and the traditional method for doing that is to…

Paul Ausick · 10 years ago

Merrimack, Fitbit Languish in Wednesday’s 52-Week Low Club

December 21, 2016: Here are four stocks trading with relatively heavy volume among 56 equities making new 52-week lows in Wednesday’s session. On the NYSE, decliners led advancers by about 120 issues and on…

Paul Ausick · 10 years ago

Merck, Pfizer Weigh on DJIA Wednesday

December 21, 2016: Markets opened mixed Wednesday and the consensus opinion seems to be that traders are pausing to think about whether they really want the DJIA to top 20,000. It’s really just a…

Paul Ausick · 10 years ago

Automakers Catch a Break on Fuel Economy Rules

The National Highway Transportation Safety Administration (NHTSA) today announced that it is postponing a sharp increase in penalties for automakers found to be in noncompliance with federal corporate average fuel-economy (CAFE) standards. The proposed…

Paul Ausick · 10 years ago

November Existing Home Sales Continue Strong

The National Association of Realtors reports that the seasonally adjusted annual rate of existing home sales rose more than expected in November.

Paul Ausick · 10 years ago

Former Oracle Employee Protests Company’s Ties With Trump

An Oracle employee, George Polisner, has resigned in protest and initiated a petition seeking signatures from other Oracle employees objecting to CEO Catz's and Oracle's support for the Trump administration.

Paul Ausick · 10 years ago

Mortgage Loan Rates Rise to Multiyear Highs

The latest Mortgage Bankers Association report on mortgage applications noted a week-over-week increase of more than 2% in the group's seasonally adjusted composite index for the week ending December 16.

Paul Ausick · 10 years ago

Fitbit, Himax Drop into Tuesday’s 52-Week Low Club

December 20, 2016: Here are four stocks trading with relatively heavy volume among 51 equities making new 52-week lows in Tuesday’s session. On the NYSE, advancers led decliners by about 2 to 1 and…

Paul Ausick · 10 years ago

Nike, Caterpillar Push DJIA Higher Tuesday

December 20, 2016: Markets opened higher again Tuesday and the DJIA once again flirted with 20,000, but stopped short at a new record of just under 19,988. Leading sectors included financials and consumer discretionaries;…

Paul Ausick · 10 years ago

10 Financial Resolutions for the New Year

Most of us have heard by now that there are several relatively painless steps we can take to improve our financial health. All it takes is a little shove.

Paul Ausick · 10 years ago