The Bureau of Labor Statistics has released THE EMPLOYMENT SITUATION — APRIL 2023. The unemployment rate nationwide was 3.4%, unchanged from March. The economy added 253,000 jobs, which was more than expected. One trend…
If jobs are the primary measure of the strength of the American economy, the economy is colossally strong. In May, America added another 253,000 jobs, keeping up a string of muscular job reports that…
How long can Peloton Interactive go on as a public corporation?
Although the number of unionized Starbucks stores is small, it is growing.
Typically, providers of inexpensive items that are part of people’s everyday lives do well in a recession. That includes beer.
The names of the Jeep Cherokee and Grand Cherokee remain despite objections and falling sales.
A recent analysis reveals the months in which home sellers receive the highest premium over the asking price.
If Ford can string together several quarters like this, it will return to its place as a well-run, major U.S. manufacturer.
A recent analysis reveals that the CEO of Walmart is paid over 930 times more its the average worker.
A recent analysis reveals that the CEO of McDonald's is paid over 1,200 times more than the average company worker.
A recent analysis reveals that the CEO of this tech company makes over 3,300 times the median pay of the company's workers.
If the stalemate between the president and the House of Representatives lasts for long, Social Security could be a victim.
A recent analysis reveals that the rise in artificial intelligence will result in 14 million jobs being lost by 2027.
The war in Ukraine stretches on well into its second year. The conflict, which many pundits expected to end after a few months, has exceeded all but the most conservative estimates, largely because Ukraine’s…
Subway likely will be sold to private equity for $10 billion, but it could be a risky move.
Carvana, the online used car company, was once considered the wave of the future for used car sales. People could sell the public corporation their cars. The cars were resold and delivered to buyers.…
Investors in the struggling electric vehicle manufacturer, Lordstown Motors, were hoping for a reversal of fortune, but unfortunately, it appears the company is headed for bankruptcy. Lordstown recently received a delisting notice from Nasdaq,…
First Republic Bank is in financial trouble and is expected to be effectively nationalized by the federal government. The FDIC will oversee the sale of some of its assets, which could be acquired by…
The Justice Department is pursuing its case against Google’s dominance in the ad market, citing two key factors. Firstly, Google exerts excessive control over search engine ads. Secondly, it acts as an agent for…
McDonald’s management has to wonder why Starbucks shares have rallied so much this year.
