Get Ready for $2 Gas
Nationwide, the price of a gallon of regular is just above $2.60, but several forces will continue to drive it down. Gas prices are already below $2 a gallon in some southern states.
All Work
Douglas A. McIntyre
USPS Is Losing $1 Billion a Quarter. How Long Can It Survive?
The U.S. Postal Service reported troubling numbers for its most recent quarter, begging the question why the country needs so many career employees and retail post offices.
Hong Kong International Is World’s 8th Largest Airport
Hong Kong International Airport is critical to traffic for several of the world's largest airlines. As long as it is closed, it will affect their revenue.
China Slows Toward Recession Pace
Tariffs are still in place on tens of billions of dollars in imports from China. No amount of stimulus will be able to offset that.
These Four Southern States Have the Highest Bankruptcy Rates in the US
Bankruptcies rose last month nationwide, and the highest rates were in four states in the South. Baby boomers are among those most likely to go bankrupt.
This Is What Happens If You Swim in Toxic Lake Water
People who come into contact with toxic lake water, either by accident or poor judgment, can face extremely severe health consequences.
This Mansion In Detroit Cost 85 Times What An Average Home Does
A home built by the man who founded the retailer which would become known as KMart built a 20,000 square foot house in Detroit in 1914. It is currently for sale for $3.25 million,…
Liquor Catches Wine as Second Most Popular Adult Beverage
Beer remains the American favorite adult beverage. For years, it was followed by wine, while liquor trailed far behind. That changed sharply in the past year.
Credit Card Rates Hit 25-Year High
Americans have paid very high interest rates on credit cards for decades, and they set a 25-year record in May.
Big American Retailers That Don’t Sell Guns
Very few of the top U.S. retailers sell guns. But of the ones that do, the country's (and the world's) largest retailer is one.
This Team Has the Most Expensive Tickets in the NFL
Among the advantages of winning six Super Bowls, including the most recent one, is that demand for home tickets soars. New England Patriots tickets have an average price of $777 this year. The number…
JC Penney Warned It Could Be Kicked Off New York Stock Exchange
J.C. Penney has broken a key rule for being listed on the New York Stock Exchange and will need to do something about that soon.
UK Leans Toward Recession as GDP Contracts
Whether it is the effects of Brexit or the global economic slowdown, the U.K. economy shrank in the second quarter, a drop many experts had not expected.
Oil Demand Hit by Trade War
In the latest IEA oil markets report, its experts commented that the trade war has dented demand and may do so more forcefully if the battle goes one.
Papa John’s Is Back, a Little
Papa John's International took a beating as sales fell and tensions rose between its board and founder John Schnatter, which nearly to tore the company apart. The worst of those days are well behind…
Trade War May Not End Before Election
A trade war is viewed as one of the few events that could knock the entire global economy off track. Such a hard hit easily could drive the global economy back into recession, particularly…
The One Stock to Own If the Market Craters
While Verizon stock is down year to date, the nature of its businesses, its rock-solid balance sheet and a healthy dividend yield makes it an ideal holding if the markets crater.
Floods Are Most Likely to Destroy Your Home in These Cities
As the coldest areas in and near the Arctic circle and Antarctica melt, sea levels continue to rise. Scientists have repeatedly warned that this activity will cause more frequent, and more damaging flooding. This…
Americans Want the Minimum Age to Buy Tobacco Raised
In many states, people under 21 years old can buy tobacco products. Most Americans don't approve of this and want the age barrier to be above 21. This could drive legislation to increase the…
New Study: Drop in Heart Disease and Stroke Deaths Is Over
One primary reason that longevity in the United States has grown for decades is more effective treatments for cardiovascular disease. The period of progress may have ended though, according to a new study.