The American City With 17.2% Unemployment
This Arizona city's jobless rate has been well above the national average for years.
This Arizona city's jobless rate has been well above the national average for years.
MicroStrategy is the latest new-age financial firm to implode.
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 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.
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…
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…
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…
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…
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…
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…
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 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.…
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 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…
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…
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 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…
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 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,…
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…