Market Hammers IBM on Muddled Earnings
IBM posted modest earnings that were in line with the Wall Street consensus, but shares sold off about 5% after hours.
All Work
Douglas A. McIntyre
1 Million People Still Out of Work in California
The unemployment rate in March in California was more than 5%. Because the state's labor force is so large, that was more than a million people out of work.
Will Oil Prices Drop to $20?
The absence of a decision to freeze oil production at a meeting of some of the world's largest oil-producing nations has scuttled the most promising chance to push crude prices higher.
Buy a House in Detroit for $1,000
The Detroit Land Authority continues to auction $1,000 houses, as the city has an estimated 40,000 houses that need to be torn down.
Gap Website Loses 20% of Audience
Add to store closings and falling sales, visits to Gap's online flagship Gap.com have fallen 20% in the past year.
Traffic to JC Penney Website Soars as Company Recovers
J.C. Penney is in the midst of a recovery that seemed impossible two years ago. Part of the improvement is a surge in traffic to JCPenney.com.
CEOs Who Have to Go: SunEdison’s Ahmad Chatila
As the fortunes of SunEdison collapse and it prepares a Chapter 11 filling, a look back at Ahmad Chatila, one of 24/7 Wall St.'s CEOs Who Have to Go in 2016.
Michigan Mansion on Sale for $72,500
It will need a lot of work to be livable by most standards, but a mansion in Michigan is for sale at a price of $72,800.
US to Have 98 Million People Over 65 in 2060
The U.S. Census Bureau expects the country to have 98 million residents ages 65 and older by 2060.
Tesla Paid CEO Musk Minimum Wage of $37,584
Tesla Motors paid CEO and founder Elon Musk $37,584 last year, which is the California minimum wage.
59% of Americans Think Economy Is Getting Worse
Despite low unemployment, low gasoline prices and strong markers like car sales, a malaise continues dog impressions about the health of the U.S. economy.
China Economy Up 6.7% in Q1
Although it may have been above some estimates, China's economy grew less than 7% in the first quarter, according to China's National Bureau of Statistics.
GoPro’s New Design Chief From Apple May Not Help at All
Former Apple executive Danny Coster has been named as the new vice president of design at GoPro.
German GDP Growth Revised Down to 1.6%
Widely regarded Germany-based research firm Ifo Institute has cut its 2016 GDP forecast for the country to 1.6% from 1.8%.
50 US Companies Have $1.3 Trillion Offshore
Oxfam reports that 50 U.S. companies have $1.3 trillion offshore. It is hard to figure out why it matters to Oxfam, but the data are true nonetheless.
America’s Cheapest Gas Moves Above $1.50
Most of the lowest gas prices in the United States are at locations in Texas, Oklahoma and Louisiana, near huge oil deposits and the block of refineries on the Gulf of Mexico south of…
Fast Food Can Make People Sick
The arguments against fast foods gained again as the National Institute of Environmental Health's Environmental Health division released research that shows fast food contains chemicals dangerous to humans.
Self-Driving Cars May or May Not Be Dangerous
According to a new paper issued by the RAND Corporation, self-driving cars have been insufficiently tested to tell whether they are safe.
Ticket Prices for Kobe’s Final Game Hit $5,700
Whether or not Kobe Bryant is among the top five players in NBA history, he is certainly in the highest tier.
Global PC Shipments Down 10% in Q1
According to research firm Gartner, worldwide personal computer shipments fell more than 9% in the first quarter.