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Paul Ausick

New Vehicle Fuel Economy at Record High

ThinkstockNew vehicles sold in the month of March averaged 25.4 miles per gallon, the highest fuel-economy rating ever for new cars. Compared with October 2007, fuel-economy ratings on new cars sold have improved by…

Paul Ausick · 12 years ago

Why Americans Don’t Care About Gas Prices

ThinkstockGasoline prices have risen steadily for almost two months, but so far at least, Americans do not seem to care. According to AAA, just over half of all Americans — 53% — are doing…

Paul Ausick · 12 years ago

Will Natural Gas Prices Ignore Supply Data?

thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 74 billion cubic feet for the week ending March 28. That compared with an expected drop of 73…

Paul Ausick · 12 years ago

Home Foreclosures Still Double Rate Before Housing Bust

ThinkstockIn the month of February, 43,000 U.S. home foreclosures were completed, down 13.1% month over month and down 15% from 51,000 in February 2013, according to research firm CoreLogic. While an improvement, the number…

Paul Ausick · 12 years ago

J.P. Morgan Backs Off Russian Payment Halt

J.P. Morgan announced Thursday that it has received clearance from U.S. regulators to process a transfer of funds from the Russian embassy in Kazakhstan to an insurance company partly owned by sanctioned Bank Rossiya.

Paul Ausick · 12 years ago

Boeing Battles Airbus for Korean Tanker Contract

The government of South Korea has announced that it will seek bids for four military refueling tankers in June, and Boeing said on Wednesday that it intends to compete for the contract.

Paul Ausick · 12 years ago

Best-Selling Car in Norway: Tesla Model S

The second-largest market for the Model S from Tesla Motors is Norway. In fact, in March the Model S sold more cars than any model ever in Norwegian history.

Paul Ausick · 12 years ago

The 4 Stocks That Rescued the Rally for One More Day

thinkstockApril 2, 2014: Markets opened mixed on Wednesday following in the ADP payroll data and n increase in factory orders reported early in the day. Mortgage applications were down again as mortgage interest rates…

Paul Ausick · 12 years ago

Rubicon IPO Lights Up the Board

ThinkstockThe Rubicon Project Inc.(NYSE: RUBI) sold 6.77 million shares in an initial public offering (IPO) Wednesday morning. The stock went out at $15 a share, the low end of the expected range, and had…

Paul Ausick · 12 years ago

Will Fire TV Succeed Where Apple and Others Have Not?

Amazon.com announced Monday the availability of its Fire TV streaming video set-top box. Fire TV has its work cut out for it in a field with both established players and other recent entrants.

Paul Ausick · 12 years ago

Half of Americans Would Not Last a Month on Savings

ThinkstockNearly half of all U.S. consumers lack confidence in or an understanding of their personal finances, and 48% do not have enough savings to last more than a month if all other sources of…

Paul Ausick · 12 years ago

Stratasys Chooses Two Acquisitions for More Growth

Stratasys announced Wednesday morning that it has entered definitive agreements to acquire two privately held additive manufacturing services companies: Solid Concepts and Harvest Technologies.

Paul Ausick · 12 years ago

DOE Shows Refineries Running at Almost Full Capacity

ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 2.4 million barrels last week, maintaining a total U.S. commercial crude inventory to 380.1…

Paul Ausick · 12 years ago

Wireless War Heats Up as AT&T Goes on Hiring Spree

AT&T said Wednesday that it will hire more than 3,000 additional staff for its retail operations over the next several months. The new hires are needed to meet increased demand in its retail business.

Paul Ausick · 12 years ago

Monsanto Excels on Earnings

Monsanto reported better-than-expected second-quarter fiscal 2014 results before markets opened Wednesday morning. Shares were fractionally higher in premarket trading.

Paul Ausick · 12 years ago

J.P. Morgan Denies Russian Money Transfer

In the first such action by a large U.S. financial institution as a result of sanctions against Russia, J.P. Morgan blocked a transfer of funds from a Russian embassy to an insurance company partly…

Paul Ausick · 12 years ago

Price of Corn Flakes to Rise

The size of this year's corn crop is expected to be smaller than last year's, raising the price farmers can expect to get for their crop and raising the price that consumers pay for…

Paul Ausick · 12 years ago

Refinancing Slides as Mortgage Rates Continue to Rise

ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 1.2% in the group’s seasonally adjusted composite index. That followed a drop of 3.5% for the…

Paul Ausick · 12 years ago

The 4 Stocks That Kept the Rally Going

thinkstockApril 1, 2014: Markets opened higher on Tuesday following a rise in the ISM manufacturing data that was a bit smaller than expected by solid nonetheless. Automakers sales reports were also stronger than expected…

Paul Ausick · 12 years ago

Five States With New Highs in Home Prices

ThinkstockCompared with 2013, home prices rose 12.2% in February, marking a 24th consecutive month of year-over-year gains, according to research firm CoreLogic. Home prices in four states — Colorado, Nebraska, North Dakota and Texas…

Paul Ausick · 12 years ago