Bed Bath & Beyond Will Be Gone This Year
The Bed Bath & Beyond balance sheet is too poor to support the company for more than a few months.
All Work
Douglas A. McIntyre
The 2023 Recession
Most economists questioned some widely followed surveys’ believe there will be a recession this year. Some business executives say the downturn has already started. This recession will have several similarities to most of those…
People Are Leaving New Jersey, Moving To Vermont
Americans became more mobile over the last three years as mortgage rates fell and more people could work from home. A recent survey shows the states Americans left and those they moved to in…
Mint Mobile Picks Up Strong Reviews
Mint Mobile, a wireless service owned and promoted on TV by actor Ryan Reynolds, has picked up strong reviews from the press. Most criticisms are comments about consumer service. Mint Mobile is a mobile…
China’s 1.4 Billion Population To Drop
China has the largest population of any nation in the world, at 1.426 billion. According to a Pew analysis, that is forecast to drop to 1.313 in 2050 and 800 million in 2100. During…
Amazon Drops 50%
Amazon shares have fallen by half in the last year. This compares to a 33% drop in the Nasdaq. While its cloud business remains the largest and most profitable in the US, its e-commerce…
Revlon May Go Away
Revlon has been one of America’s primary beauty brands. Founded in 1932, it has fallen into Chapter 11. Its debt load recently sat at $3 billion, and there is nothing about the current financials…
The Consumer Price Increase Index
The Consumer Price Index has become the Consumer Price Increase for many Americans. The BLS Consumer Price Index is issued every month. It measures the prices of dozens of items. In most months this…
Starbucks Workers Get Poorer
The minimum amount Starbucks workers are paid increased to $15 recently. That equates to a little over $31,000 a year. Once taxes and social security payments are taken out of this compensation, the figure…
The Company That Raised Pay 34%
Delta Airlines raised the pay of its pilots by 34%, a classic example of supply and demand. Airlines have been short on pilots and other personnel since the surge in air travel as COVID-19…
Ford’s Shares Crash Almost 50%
Ford’s primary challenge for next year is whether its overall sales can rise. That is what investors care about.
Detroit Is America’s Cheapest Housing Market
Detroit has the cheapest housing market in the United States, according to a recent analysis.
The US Air Force’s 50 Oldest Aircraft
The U.S. Department of Defense constantly upgrades, updates, and replaces its fleet’s aging aircraft. But sometimes it can take a long time before a satisfactory replacement weapons system can be developed and built, and…
The Siege of Leningrad Was by Far the Deadliest Battle in Recent History
It should not be a surprise that the deadliest battle of the 20th century took place in Russia. The attempted German invasion of this geographically huge country killed what is estimated to be over…
A 2002 Pileup in LA Was the Worst Car Crash in US History
The National Highway Traffic Safety Administration estimates that 42,915 people died in motor vehicle traffic crashes in 2021, a 10.5% increase from the prior year. While the data shows that multi-car crashes increased by…
More Men From New York Died in War II Than Any Other State
More men from New York State died in WWII than from any other state in America. In a way, this should not be a surprise. New York is the fourth largest state in population…
Luxury Home Sales Collapse in New York
A recent analysis reveals that the number of luxury home sales in this New York county has plunged.
Social Security Runs Out in 2033
A new study from the Congressional Budget Office forecasts that outlays for Social Security will top income paid into the fund in 2033. This is often called “running out.” In reality, it will be…
Southwest Air CEO Jordan Should Be Fired
CEOs who undercut financial performance and the public’s confidence in their products and services should be candidates for dismissal.
Gold Price Rises Toward $1,900
Gold, which has been a hedge against rocky markets for decades, is in the midst of a surge.