Investors Flee Best Buy, Won’t Return
Several large retailers have posted stock selloffs this year. Among them is consumer electronics company Best Buy, the shares of which have dropped nearly as much as the retail train wreck Target. So far,…
All Work
Douglas A. McIntyre
Some Housing Markets Have Started To Fall
Corelogic’s real estate data are among the most carefully watched by experts. Each month, it looks at the national, state, and local markets. In its most recent report, it forecast prices from May 2022…
The 2024 Recession
Many economists believe that the U.S. will enter a recession next year. Several think it has already started. One debate about the downturn is how long it will last. Will it be two or…
GM Stumbles, Future Grim
The future of the American car industry is grim, at least as measured by stock prices. GM’s share price has dropped 40% this year, and Ford’s by nearly as much. Ford has a powerful…
Cheapest Streaming Service in America
Prior to the pandemic, the streaming media service sector was dominated by Netflix and Amazon Prime. Each had a very different beginning. Netflix was a DVD by mail company. Started in 1997, it began…
The Cheapest City To Own A Home
Home prices have skyrocketed in the last two years. After a slowdown in home buying activity brought on by the start of the COVID-19 pandemic in early 2020, buying activity and price increases have…
The Most Successful Movie of 2022
The COVID-19 pandemic dealt a brutal blow to the movie industry in 2020. Domestic box office levels were over $11 billion a year in the previous five. The number dropped 81% to $2.1 billion…
The Recession of 2023
Many economists believe the U.S. (and much of the world) will fall into a recession later this year. The primary cause will be inflation. There have been some radical solutions suggested. Larry Summers, a…
The Coldest Place in the World Today
Those who believe global warming is not real only need to look at record temperatures that have been posted around the world this week. It was 104 degrees F in London. Most of Europe…
NextEra Energy’s Wild Zero Carbon Emissions Claim
NextEra Energy, the utility company that provides, among other things, electricity to 5.8 million people in Florida, has launched what it calls the “A Real Plan For Real Zero.” The phrase has even been…
Snap Is Doomed
Snap's earnings were so bad that it is hard to see how the company will survive as a standalone public corporation.
US Postal Service Continues Horrible Management
The latest debacle over electric vehicles is merely the tip of the iceberg of USPS management problems.
A Tax Credit for Americans to Buy Gas and Eggs
Congress and the president may say they cannot afford inflation-cutting tax credits, but can they afford not to give them?
10 Things Americans Need to Fear About Inflation
Inflation has started to cripple the U.S. economy. Consumer prices, as measured by the consumer price index, were 9.1% higher this June compared to the same time last year. This rate of inflation is…
Ford Plans to Gut Workforce, Cut Thousands
The age of the electric vehicle seems to be a chance to revolutionize Ford’s fleet and eliminate billions of dollars in expenses.
12 Troubling Facts About Disney’s Parks
Walt Disney opened Disneyland in 1955, in Anaheim, California. In 1965, the year before he died, he announced that he was planning a second theme park near Orlando, Florida. What was originally called Walt…
Netflix Is Still Junk
Lack of growth and too much competition is why there is no comeback road for Netflix.
IBM Is Still Big Tech’s Dog
When IBM posted its latest earnings, its stock did what it usually does after the announcement. It fell.
Fight Inflation, Don’t Buy These 9 Items
Inflation, according to the consumer price index, rose 9.1% in June, compared to the same month a year ago. This pace is higher than in any month since November 1981. It threatens to drive…
Is the Great Recession Coming Again?
The Great Recession was arguably the worst recession since the Great Depression. Is it about to happen again?