The Cheapest Home Market In America
A new study on the income needed to buy a median-priced home presents yet another example of the huge U.S. income disparity.
All Work
Douglas A. McIntyre
Some People Can’t Pay Their Credit Cards
The economy and the job market are booming. However, many Americans are not paying their credit card bills. Perhaps inflation has been eating into their incomes. They may have charged too much on credit…
US Post Office Hammers Americans
It isn’t enough that the U.S. Post Office offers mediocre service as it handles fewer letters and packages than a decade ago. The high price of a First Class stamp is higher again, with…
Black Unemployment 93% Higher Than White
The Bureau of Labor Statistics recently released its report on THE EMPLOYMENT SITUATION — JUNE 2023, showing continued strong U.S. labor growth. The economy added 209,000 jobs, slightly below expectations. However, unemployment rates still…
Ford’s Lincoln Continues to Struggle
Lincoln has gone from a luxury car sales leader to an also-ran in the U.S. Its sales sit well behind those of Lexus, BMW, Mercedes, and Audi. It must also contend with Porsche, Acura,…
Hyundai Batters Ford EV Sales
Ford management should be disappointed by a new analysis from CNBC. It shows that, in the U.S., Hyundai-Kia EV sales trailed only Tesla’s in the year’s first half. Ford fell well behind. So did…
America’s Retirees Are Going Broke
The number of people who will outlive their savings and retirement nest egg is extremely high. This is particularly true for people with modest savings who retire in their 60s. A number of these…
Ford Sells Almost No EVs
Ford’s EV sales fell in the second quarter. Will they lag for years?
GM Sells Almost Zero EVs
GM would have been better off burying its EV sales number because it is an embarrassment.
Nikola Sells Almost No Trucks
Where is the demand for Nikola trucks? Can it afford to keep building them?
Warner Bros. Stock Beaten Down
Wall Street has as big a problem with Warner Bros. Discovery and its chief executive officer.
Did Peloton CEO Make $168 Million?
Peloton CEO Barry McCarthy never could figure out what the company should be. His pay package was a wild gamble that made no sense.
Can Tesla Sell 2 Million Cars?
Tesla has a chance to produce two million cars this year, although some consider that a long shot. To a large extent, it relies on whether price cuts will trigger a sharp increase in…
Disney’s Shares Continue To Slide
The Walt Disney Company cannot get a break as management tries to turn it around. This weekend the Harrison Ford-driven “Indian Jones and the Dial of Destiny” missed box office sales projections. The movie’s…
Rivian’s Stock Collapse
Small EV manufacturer Rivian continues to suffer because it is small financially and in terms of production. Its stock is down 36% in the last year, as it should be. The broader market is…
Inflation Could Jump Due to Port Workers Strike
The members of the International Longshore & Warehouse Union Canada’s Longshore Division say they will go out on strike. This affects several ports in Western Canada, particularly Vancouver and Prince Rupert, Other strikes have…
For Twitter Users, the Service Hasn’t Changed
Twitter’s management, led by Elon Musk, recently made two decisions about how users can use the social medium. One was that people need to log in to see tweets. The other is that there…
Gas Price Drops Below $3 in Mississippi
It has been a year since the price of regular gasoline reached a high of about $5 for the first time. Despite concerns that it would remain at that level due to high oil…
Ford Quality Falters
After a long period of difficulty, Ford recently received a boost in favor from Wall Street analysts, leading to a significant surge in its stock price. However, the company continues to grapple with quality…
Mortgage Costs Just Got Much Too Expensive
Until interest rates come back down, people will stay in their current homes or continue to rent.