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Paul Ausick

Pfizer, Apple Sink the DJIA on Thursday

November 3, 2016: Markets opened higher Thursday but drifted lower around midday. Friday morning brings the non-farm payroll report which is expected to show that 178,000 jobs were added in October and that the…

Paul Ausick · 10 years ago

10 US Cities Where High-Income Rentals Are Growing Fastest

Among U.S. households with more than $150,000 in annual income, the percentage of renters has been growing faster than percentage of owners. In 2010, for example, owner-occupied households grew by 0.9% compared with growth…

Paul Ausick · 10 years ago

12 US Cities With the Roughest Roads

About the only thing that both major presidential nominees agree on is that the nation's infrastructure is crumbling and that something must be done to fix it. So how bad are U.S. highways, roads…

Paul Ausick · 10 years ago

The Death of TV

In 1992 Bruce Springsteen recorded a song titled "57 Channels (and Nothin' On)." If he were to rewrite the song today, that number might be "570 Channels (and Maybe Somethin' On)."

Paul Ausick · 10 years ago

Pentagon to Lockheed: Take It or Leave It

Lockheed Martin and the U.S. Department of Defense have been negotiating a contract for the F-35 Joint Strike Fighter program for more than a year.

Paul Ausick · 10 years ago

How Will Millennials Get Into the Housing Market?

Don't be surprised if the housing market gets tighter next year. The country's largest generation — millennials between the ages of 18 and 34 — are expected to enter the market for homes in…

Paul Ausick · 10 years ago

No Likely Holiday Happiness for American Apparel

Less than a year after emerging from bankruptcy, American Apparel Inc. (NYSE: APP) may not survive the coming holiday season without filing for a second bankruptcy. When the company emerged from bankruptcy in February…

Paul Ausick · 10 years ago

Ford October Sales Tumble 12%

Ford on Wednesday reported a decrease of 12% year over year of U.S. sales of Ford and Lincoln vehicles in October.

Paul Ausick · 10 years ago

Mortgage Loan Rates Rise to 5-Month Highs

The latest Mortgage Bankers Association report on mortgage applications noted a week-over-week decrease of more than 1% in the group's seasonally adjusted composite index for the week ending October 28.

Paul Ausick · 10 years ago

US Steel Shares Tumble on Earnings, Revenue Miss, Weak Outlook

United States Steel Corp. (NYSE: X) reported third-quarter 2016 results after markets closed Tuesday evening. For the quarter, the steelmaker posted earnings per share (EPS) of $0.32 on revenues of $2.69 billion. In the…

Paul Ausick · 10 years ago