U.S. Postal Service To Lose 50,000 People
Management of the U.S. Postal Services, bloated with too many employees to make money, plans to cut or lose 50,000 workers in the next few years. It is about time. Unfortunately, USPS also plans…
All Work
Douglas A. McIntyre
America’s Favorite Stock
The U.S. stock market has been on a roller coaster ride this year. After most of the major indices posted record highs late last year, the market has plunged, then partially recovered. Among the…
The Best State for Remote Work
Millions of Americans have been able to relocate because of the COVID-19 pandemic. Companies have needed to shutter offices to prevent the spread of the virus. Among these, some have said people will never…
The Most Expensive City in America to Rent a Home
The rise in home prices in the last year has truly been extraordinary. According to the carefully followed S&P Case-Shiller index, prices have risen by 20% nationwide on a monthly basis year over year.…
GM Sales Could Drop Below 2 Million
The auto business in America has faced unique hurdles over the last year and a half. Demand for cars rose after many people could not visit dealerships due to the COVID-19 pandemic. At the…
The State Where It Is Hardest for Women to Buy Homes
The U.S. housing boom of the last two years is close to unprecedented. Home prices have soared since the early months of the COVID-19 pandemic. The rate at which home prices have risen in…
The State Where the Most People Don’t Have Internet
Americans have been online for decades. At first, they used “dial-up”, which has unusually slow upload and download speeds. In the early 2000s, this began to be replaced by broadband, which was ten times…
Why Does Walmart Sell Water for $1?
Tap water is close to free almost anywhere in the U.S. Bottled water can be an expensive alternative based on the price of well-known brands that include Aquafina and Dasani. These brands have to…
Ford’s Brass Indicates Layoffs Are in the Works
Ford management continues a media tour in which it slowly signals layoffs. The most recent example is a comment by its chief financial officer. CFO John Lawler told Yahoo! Finance that “We’re working on…
Discovery CEO Zaslav’s White Man Problem
Bloomberg News ran a damning article about the composition of the top management and the board of recently created Warner Bros. Discovery. CEO David Zaslav has been an American management superstar for years, and…
Meta Loses Investors $500 Billion
Meta Platforms, the oddly named parent of Facebook, posted its worst earnings in memory. Its shares now trade at $162, down from a 52-week high of $384.33. Its current market cap is $450 billion,…
FoxNews Posts Viewer Satisfaction Win
Some research about the consumer satisfaction of people who consume news online does not distinguish between whether news sites are liberal or conservative. The new “ACSI E-Business Study 2021-2022” was just released and is…
Best Buy Gets Crushed By Its Future
Electronics retailer Best Buy has already been on the ropes because of recent earnings disappointments and deep concerns about future quarters. It turns out that concerns were well founded. Best Buy announced it would…
Ford Rewards Its Investors
Ford Motor Company posted much better-than-expected numbers for its most recent quarter. And, it explained why its future is bright. Investors cheered the results. Based on comments about expenses, many of Ford’s employees did…
Respect for CNN Falls
Each year, the American Customer Satisfaction Index looks at consumer reactions to hundreds of brands across dozens of industries that range from food to cars to clothing. Its most recent study is called the…
America’s Most Expensive and Cheapest Housing Markets
The housing market in America continues to be on fire, although there is some indication that price increases have slowed. Nevertheless, the carefully followed S&P Case Shiller home price index showed that, nationwide, home…
Ford Faces Problem With Bronco
The Wall Street Journal reports that both The National Highway Traffic Safety Administration and Ford have started to investigate whether its new and highly popular Bronco has an engine failure problem at high speed.…
McDonald’s To Benefit From Recession
Unlike many large-cap stocks, McDonald’s shares have not sold off in the market slide. As a matter of fact, they have done much better than any of the three major indexes. McDonald’s continues to…
Recession Hits Some Housing Markets Hard
The period when home prices rose by double digits year over year is mostly over. In some markets, sales have started to struggle significantly. These are precursors of what will become a national trend.…
Ford’s Lincoln Business Continues To Fail
Mercedes Benz sold 141,356 SUVs, and crossovers during the first half of this year. Ford’s Lincoln division sold 42,893. The gulf has persisted, more or less the same, for decades. Lincoln will never close…