Marijuana Weekly News Roundup
In a letter last Monday to Senator Elizabeth Warren and other U.S. Senators, the U.S. Drug Enforcement Agency (DEA) may have opened the door to removing marijuana from its current listing as a Schedule…
All Work
Paul Ausick
The Best Time to Get a Travel Rewards Credit Card
While airline fares in the United States are relatively inexpensive, the added fees and general mayhem involved with flying should result in some kind of merit badge, especially for frequent flyers.
Boeing Traveling to Iran; Still Fighting for Order from Delta
On Saturday, Iran's official news agency reported that a delegation from Boeing will visit the country.
Oil Rig Count Drops by 8, Hedge Funds Pile Up Short Positions
In the week ended April 8, the number of rigs drilling for oil in the United States dropped to 354, according to the latest Baker Hughes North American Rotary Rig Count.
Marijuana Price Slips 1% to $1,949
For the week ended Friday, April 8, the spot price index for a pound of cannabis fell around 1%, according to Cannabis Benchmarks.
The 52-Week Low Club for Friday
April 8, 2016: Here are four stocks trading with relatively heavy volume among 22 equities making new 52-week lows in Friday’s session. The day’s NYSE winners led losers by about 3-to-1. The ratio of…
The 4 Stocks That Held the DJIA Up on Friday
April 8, 2016: Markets opened higher on Friday as energy prices rose overnight driving equity trading higher in both Asia and Europe. The U.S. wholesale trade data was lower than expected and combined with…
Dealers Sue Volkswagen Over Diesel Emissions Cheating
Volkswagen had hoped that its meeting with U.S. dealers last week would allow the company to sidestep reparations payments to dealers who lost sales following the diesel-emissions scandal.
Average Interest Rate on New Credit Card Hits 18%
Since the Federal Reserve raised interest rates by 0.25% in December, the average rate hike on credit cards has been 2.24%.
Credit Market Investors Wary: Fitch Ratings
While a significant rise in interest rates has fallen off the radar, concerns related to geopolitical risks have risen in the latest Fitch Ratings/Fixed Income investor survey.
MGM REIT to Raise $1.2 Billion in IPO
MGM Growth Properties has filed documents with the SEC to sell 50 million shares of common stock to raise more than $1 billion in an initial public offering (IPO).
Chesapeake Energy Drilled 2015’s Biggest Monster Well
One of the reasons it has taken well over a year to slow U.S. onshore crude oil production is that producers are drilling more wells in locations where they are almost sure to get…
Amazon’s Upcoming Sales Pricing on Electronics Gear
Retailers typically don't preannounce sale pricing on items until the special price takes effect because they don't want to cannibalize sales at the going price. Amazon.com is not a typical retailer.
The 52-Week Low Club for Thursday
April 7, 2016: Here are four stocks trading with relatively heavy volume among 30 equities making new 52-week lows in Thursday’s session. The day’s NYSE losers led winners by nearly 4-to-1. The ratio of…
The 4 Stocks That Tanked the DJIA on Thursday
April 7, 2016: Markets opened lower on Thursday with financials and tech stocks doing the most to keep the DJIA in the red. But every sector contributed, and none seemed interested in closing with…
Consumer Credit Rises Nearly 6% in February
The Federal Reserve on Thursday released its preliminary report on consumer credit for the month of February 2016. On a seasonally adjusted basis, consumer credit rose 5.75% in the month, up from 5.1% growth…
What Matters About Boeing Q1 Deliveries
Boeing announced on Thursday that it had delivered a total of 176 commercial jets in the first quarter of 2016.
Gun Background Checks Soar 36% in Q1
U.S. background checks for citizens wishing to purchase a firearm have soared to nearly 7.7 million in the first three months of 2016.
2016 Data Breaches Running 10% Ahead of Last Year
There have been 227 data breaches recorded through April 5, 2016, and that more than 6 million records have been exposed since the beginning of the year.
Natural Gas Price Holds Gain After Inventory Build
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks increased more than expected in the week ending April 1.