Recession 2023
The head of the Federal Reserve, Jerome Powell, all but signaled a series of rate hikes in the months ahead to bring down inflation. He also remarked that inflation will not go away soon.…
All Work
Douglas A. McIntyre
10% Unemployment Remembered
Unemployment sits at 3.5%, according to the BLS. It is a multi-decade low only matched by the rate at the start of 2020. The COVID-19 pandemic shoved that number to 14.7%. However, the economy…
Get Out of Nevada Now
Nevada has already entered a “perfect storm” of weather and environmental calamity. Some of its cities, particularly Las Vegas, already suffer from drought that will rob them of enough water to be viable places…
Disney’s New Plans Rejected
The results of the experiment known as The Walt Disney Company continue to be rejected by Wall St. Its latest move to recover its once-stellar image among investors is to raise prices at its…
Ford Crushes Customers With EV Price Increase
Ford increased the price of its all new F-150 Lightning recently. The increase across the model line averaged about $7,000. Ford said it needed this increase because of the rising costs of material needed…
Peloton Gets Crushed
When fitness product maker Peloton Interactivereleased its quarterly earnings, they could not have been worse.
America’s Christmas Recession
Whether or not Americans to shop for the holidays is based on whether they feel rich or poor. This year, inflation has eroded buying power.
America’s $20,000 Car Has Gone Away
The sunset of the $20,000 car means the cost to drive in America can no longer be cheap.
5 Reasons Inflation Will Surge
Inflation may rise at a faster pace for several reasons. Each represents a separate case.
Stocks Worth Less Than $1
Some analysts believe Bed Bath & Beyond, Carnival and others are worth $1 per share or less.
Macy’s Falls Apart
Macy's has become the most recent retailer to see its results disintegrate, though its problems are less severe than at other retailers.
The City Where People Cannot Sell Their Houses
A recent analysis reveals that the number of listings per 10,000 homes remains particularly low in this Florida city.
Ford Could Cut More Jobs
Ford’s evolution into an electric car company was cited as a reason for recent layoffs.
Layoff Tracker 2022
24/7 Wall St. has developed this layoff tracker to keep track of the notable job cuts.
Disney’s Stock Struggles Against Market
Among public companies, the single most important barometer is stock price. By that measure, the recent performance of Disney has been abysmal.
AMC Still Among America’s Troubled Companies
The market still wrestles with what AMC is really worth as tens of millions of consumers switch to streaming as their primary way to watch video.
What Homeowners Insurance Does Not Cover
When people insure their homes, they have to read the fine print really carefully. Most obvious problems that will cost homeowners money are covered. However, damage from floods often is not. This leaves people…
Ford’s $1.7 Billion Problem
Ford had net income of $638 million in its most recently completed quarter. It just lost a case which involved the rollover of a F-250 that killed two people in 2014. The cost of…
US Post Office Delivery Rate Hits 2.5 Days
The US Postal Service has created its own metrics to measure how well it serves its customers. That seems unfair since the USPS is not its own client. It would be better to survey…
The State With the Highest Unemployment in America
Joblessness in America was near a post-World War II low in July. The figure dropped to 3.5% as the economy added 528,000 jobs. All of the jobs taken away by the COVID-19 pandemic have…