Ford Leads Detroit Three in EU New Car Sales
New car registrations in the European Union for the month of November totaled 1.15 million units, and the top-selling carmaker there is Volkswagen.
All Work
Paul Ausick
Americans’ Debt Total: $12.35 Trillion
Including mortgages, the average American household carries more than $132,000 in debt. A major reason for the increase is that cost of living has outpaced income growth over the past 13 years.
Minimum Wage to Rise in 19 States
As a result of the November election, about 2 million workers in four states will get a pay raise on January 1.
FitBit, DryShips Slip into Wednesday’s 52-Week Low Club
December 14, 2016: Here are four stocks trading with relatively heavy volume among 54 equities making new 52-week lows in Wednesday’s session. On the NYSE, decliners led advancers by about 4 to 1 and…
Caterpillar, Exxon Drag DJIA Lower on Wednesday
December 14, 2016: Markets opened slightly higher Wednesday but the FOMC announcement set shares below the break-even line in mid-afternoon and they never recovered. Only the tech sector traded (just barely) in the green…
Fed Hikes Interest Rate, See More to Come
To virtually no one’s surprise, the Federal Open Market Committee (FOMC) of the Federal Reserve raised the policy interest rate from a range of 0.25% to 0.5% to a new range of 0.5% to…
A New Broom: Hertz Replaces CEO and 3 Board Members
Kathryn Marinello, who has served as CEO of two companies and filled a variety of senior positions at General Electric, has been named to replace outgoing Hertz Global CEO John Tague.
Joy Global Earnings Unimpressive, but It’s the Merger That Counts
Joy Global reported mixed fiscal fourth-quarter results before markets opened Tuesday morning ahead of Komatsu America merger.
Crude Oil Price Halves Loss on EIA Inventory Drawdown
U.S. commercial crude inventories decreased by more than 2 million barrels last week, according to the U.S. Energy Information Administration.
Callon Petroleum Adds to Permian Stake, Issues More Shares to Pay the Bill
Independent oil and gas producer Callon Petroleum announced late Tuesday that its operating subsidiary has entered a definitive agreement to acquire Permian Basin acreage and other producing properties.
America’s Best (and Worst) Banks of 2016
The Consumer Financial Protection Bureau has recorded more than 679,000 complaints against nearly 3,000 U.S. banks and financial institutions since July 2011.
OPEC Revises 2017 Forecast: Supply Up, Demand Growth Down
In its Monthly Oil Market Report for November, OPEC noted that its price for its reference basket fell by 10% last month.
Mortgage Loan Rates Rise Slightly as Applications Decline
The latest Mortgage Bankers Association weekly report on mortgage applications noted a week-over-week decrease in the group's seasonally adjusted composite index for the week ending December 9.
Alexion, Ophthotech Don’t Escape Tuesday’s 52-Week Low Club
December 13, 2016: Here are four stocks trading with relatively heavy volume among 41 equities making new 52-week lows in Tuesday’s session. On the NYSE, advancers led decliners by about 3 to 2 and…
Intel, Apple Drive DJIA Higher Tuesday
December 13, 2016: Markets opened higher Tuesday as traders await the FOMC meeting announcement due Wednesday afternoon. The tech and energy sectors posted the largest gains Tuesday with basic materials stocks lagging. WTI crude…
US Population 65 and Older to Surge in Next 20 Years
The number of Americans aged 65 and older will rise from its current level of 48 million to 79 million by 2035. One in every three U.S. households — a total of nearly 50…
Q3 US Solar Installations Set New Record
The third quarter was the largest ever for the U.S. solar industry, with solar photovoltaic capacity up 191% year over year.
Free Shipping Day Counts 972 Retailers — So Far
As of Tuesday morning, a total of 972 online retailers have signed up to participate in Free Shipping Day, which falls on Friday, December 16, this year.
GM Inventory Levels at 8-Year High; More Jobs Threatened?
At the end of November, General Motors reported that it had an 84-day supply cars and light trucks in its inventory. Many of those were Chevy Camaros and Buick Enclaves.
More Than Half in Marijuana Industry Concerned About Trump Administration
According to a recent survey, more than half of marijuana industry players are "somewhat" or "very" concerned about their business prospects under a Trump administration.