Gas Prices Drop Below $2 in 5 States
ThinkstockThe average price for a gallon of regular gas in the United States is $2.30, according to GasBuddy. However in five states, the number has dropped under $2. Several states gas prices should drop…
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Douglas A. McIntyre
Moody’s Downgrades France On Weak Growth
ThinkstockJust as Europe’s major economies, led by Germany, have exited the recession with modest growth, France, the second largest nation in the region based on GDP was downgraded by Moody’s. The reason was extremely…
Jurassic World’s Gross Moves Toward $700 Million
Universal Studio/Comcast Corp.The Jurassic Park franchise, with four films, is the No.1 franchise in U.S. cinema, with its first installment released in June 1993. The total U.S gross of the films has reached over…
VW Cheating Will End U.S. Recovery
Volkswagen AGVW may be the dominant car company in China and Europe, but it has struggled to get market share in the U.S. However, sales of its cars flattened over the last year in…
Do Wal-Mart’s 60,000 New Employees Help the Economy?
Wal-Mart will add 60,000 new "seasonal" workers, which is the start of holiday additions by big-box retailers and department stores.
Nevada, Maryland, Florida Still Have High Foreclose Rates
Foreclosure rates remain at extremely high levels in by states hardest hit by the collapse of the housing bubble.
1 in 5 People Make Purchase Offer Without Seeing House
If anyone needs proof that the real estate bubble is back, a new study shows that one in five people made offers on homes they have not seen.
Toys R Us Loses Hundreds of Millions of Dollars, Again
Troubled Toys R Us continues to bleed. The company's management claims it has a brighter future, a position hard to defend, given its competition.
Retailers May Add 750,000 Jobs for Holidays
The strength of retail sales in the fourth quarter of each year is a benchmark for how well the U.S. consumer economy is doing.
Global Economic Growth to Slow: OECD
Another large independent organization has followed the World Bank and International Monetary Fund in a downgrade of global growth this year.
Department of Homeland Security Has Trouble With Its Security
The Department of Homeland Security is tasked with preventing cyberattacks on the balance of the federal government. Unfortunately, the protector needs protection.
Organized Crime Costs Retailers $30 Billion
Organized crime takes a huge bite out of retail sales, as much as $30 billion in the past year.
Tesla’s $33 Billion Valuation Challenged by New Porsche Product
Porsche has released a concept car powered by electric batteries similar to those used by Tesla Motors.
Ashley Madison Site Still Online
The fact that the Ashley Madison site is still online is nearly as extraordinary as the hack that brought the business down.
Does Chrysler Face a Strike and Shutdown?
It has been years since a major strike drove a wedge between the UAW and large car companies. There may be a new one soon.
An iPhone 6s for $949
Based on promotions for the iPhone 6s customers by Apple and its carrier partners, almost anyone can afford the base version of the phone.
Georgia Tech May Be Top College in America; Obama Launches College Site
The College Score Card site, a U.S. Department of Education program, divides colleges and universities based on degrees, location and size.
0% Financing for 72 Months as Chrysler Tries to Dump Cars
The 2016 cars are coming to dealers, if they are not already there. Inventory of 2015 models is an anchor. Time to sweep them off the lot.
$100 Airline Ticket Deals, as Carriers Increase Profits
At a time when airplanes are full and airlines are doing well financially, it could be assumed that all fares would be sky high.
Apple Short Interest Soars
Short sellers must believe that a new iPhone 6s and Apple's TV product will not be enough to maintain the luster the stock has enjoyed on Wall Street for years.