Black Unemployment Nearly 100% Higher Than White
The BLS released its THE EMPLOYMENT SITUATION — JULY 2022. The most important information is that the jobless rate fell to 3.5% as the economy added 528,000 jobs. The over 20 million jobs lost…
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Douglas A. McIntyre
Ford Brutally Attacked By Media
Ford has released good news recently, and investors have been rewarded. After it announced a sharp increase in July unit sales, the stock rose. However, The Wall Street Journal has just published a story…
Canceling Netflix
Warner Bros. Discovery, the newly formed entertainment giant, released extremely poor earnings. It has to look for growth businesses, and quickly. One place it continues to place emphasis on is streaming, which, until recently,…
The States Where People Are Buying the Most Guns This Year
America has several distinctions with regard to the ownership and use of guns. There are almost 400 million guns in the U.S — 1.2 per person — which is by far the most among…
Inflation Deepens Recession
Larry Summers, former Treasury Secretary and retired president of Harvard, is just an economist now. He has made himself the country’s top critic of the Fed. Recently, he told Bloomberg that the American central…
3 Stocks to Sell Immediately
These companies are likely to be in increasing trouble in the next few months. Investors may want to move out of these as soon as possible.
Why Verizon Is America’s Best Stock
Verizon has the balance sheet to keep its dividend intact, which makes it a near-perfect hedge in the current market.
Home Price Downdraft Deepens Recession
Homes are often the most valuable asset American families have. A darkening real estate market will make consumers more cautious and deepen the recession.
Ford F-Series Sales Rise 21%
Ford continues to have the best-selling vehicle in America.
Did Walmart Cut Hundreds of Workers? No
Are recent job cuts at Walmart as big a deal as the business press seems to think?
Lucid Group Is a Wreck
This electric vehicle maker continues its slide toward oblivion with abysmal sales in the second quarter.
Ford Mustang Sales Drop 18%
The sales of Ford’s iconic sports car, the Mustang, dropped sharply in July.
The American City With 17.2% Unemployment
This Arizona city's jobless rate has been well above the national average for years.
MicroStrategy Founder Saylor Should Be Fired
MicroStrategy is the latest new-age financial firm to implode.
USPS Has No Reason to Have 630,000 Employees
The U.S. Postal Service bills itself as one of America’s largest employers, but does it have tens of thousands of workers it does not need?
Robinhood Should Fire Its CEO
Robinhood management gambled that people would continue to trade via its easy-to-use smartphone app. The CEO did not see that there was a change coming.
The Hottest Place In The World Is 122 Degrees
People can barely live in temperatures above 110 degrees F, let alone at 120 degrees F. The human body cannot cool itself rapidly enough to offset the damage of high temperatures. Some people suffer…
The Great American Recession
It has been over a decade since the end of The Great Recession. As another downturn starts, an open issue is whether this one will look like the worst economic beating since WWII. The…
Some Ford Dealers Overcharge Customers
The demand for cars has surged in the U.S. over the last two years. Consumers locked out of dealers in the early spread of the COVID-19 virus are now actively in the markets. The…
States With The New COVID-19 BA.2.75 Variant
The U.S., plagued by the COVID-19 Omicron BA.5, may face another hurdle in the way of cutting the spread of the disease. It is known as the BA.2.75 subvariant. Its presence and growth has…