People Can’t Afford A House Again
Two years ago, 3% mortgage rates made buying a home as cheap as it had been for years. However, the flood of people who wanted a home and the Fed’s rate increase quickly took…
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Douglas A. McIntyre
The City With The Most Foreclosures
In the first half of 2023, 185,580 U.S. properties had foreclosure filings, up 13% from the first half of 2022 and 185% from the first half of 2021.
This State Has The Most Child Obesity
Obesity is among the most serious health problems in America. Approximately 40% of adults over 20 are obese, according to the CDC.
Disney Makes Mistake With CEO Iger
Disney will retain CEO Bob Iger for two years beyond the 2024 end of his current contract. Disney's board has made a mistake.
Business Should Flee Louisiana As Soon As Possible
A new report names Louisiana as the worst state to do business in (aside from Alaska, where no one lives).
America’s Most Densely Populated City Is In New Jersey
In general, the United States is a moderately densely populated nation. This statement is misleading. The low density of huge states geographically like Alaska, Montana, North Dakota, and South Dakota are part of the…
Disney Faces Deepening Trouble
The Walt Disney Company, plagued by trouble in its streaming business, TV networks, and studios, now faces problems at its mighty theme parks. According to The Wall Street Journal, “Data from a travel company…
The Athletic Haunts New York Times
What did the New York Times get in its $550 million purchase of The Athletic?
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.
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.