Gas Prices Jump Above $3.50 and Rise
Gasoline prices have started another significant increase. At $3.53 per gallon nationwide, they are above the prices last week, a month ago, and a year ago. The same holds for Premium, which has reached…
All Work
Douglas A. McIntyre
iPhone Outsells Samsung
Despite the growth of homegrown smartphone companies in China, the actual global race in the sector has been between Apple Inc. (NASDAQ: AAPL) and South Korea’s Samsung. Samsung is the world’s largest smartphone manufacturer.…
Disney Shareholder Revolt Gets Support
Proxy advisory firm Institutional Shareholder Services has recommended that shareholders vote to add Nelson Peltz to Disney's board.
Starbucks Hit With 440,000 Mug Recall
The recall of 440,000 holiday mugs further tarnishes the reputation of Starbucks, which is resisting the unionization of its workers.
Lucid Is a Penny Stock
Shares of EV maker Lucid have plunged in the past year into penny stock territory as investors have lost faith that it can recover.
Apple Stock Could Be Beaten Down by Federal Lawsuit
A Justice Department suit for anti-competitive practices could weigh on Apple stock for months, if not longer.
The Unhappiest Country in the World
A recent Gallup analysis for the World Happiness Report reveals that Afghanistan is the unhappiest country in the world.
The Fastest-Selling Car in America
A recent analysis reveals that this luxury vehicle is the fastest-selling car in America, disappearing from dealer lots in a little more than two weeks.
The Slowest Selling Car in America
A recent analysis reveals that this luxury crossover is the slowest-selling car in America, lingering on dealer lots for almost two years.
Can Apple Be Saved by Google?
Apple licensing Google’s Gemini for generative AI on iPhones could be a win-win for both companies -- if it works out.
Disney Is Losing
Walt Disney stock investors are likely losers no matter what happens in the board fight between Disney and Nelson Peltz of Trian Partners.
The Lowest Paying College Majors In America
The Federal Reserve of New York conducted a study titled Labor Market Outcomes of College Graduates by Major. It shows the unemployment rate, the median wage in early career, the median wage in mid-career,…
Detroit’s Wayne County Still Shrinking
Detroit has been called one of America’s dead cities. Its population peaked in 1950 at 1,849,568. According to Census figures, it had dropped to 620,376 in 2022. The county in which Detroit is the…
Charter CEO Makes 1,600 Times More Than Employee Pay
Every year, each public company must publish the ratio of the CEO’s pay to that of the median employee compensation in its proxy. Often, CEOs make several hundred times what their workers do. One…
Tesla Raises Prices
In a decision that flies in the face of falling EV demand, Tesla (NASDAQ: TSLA) announced it is raising prices on its Model Y by $1,000 on April 1. The decision affects every version…
TikTok Ban a Big Boost for Meta
If TikTok is pushed out of the market, Meta stock investors will have another reason to bid up its shares.
Energy Prices Rise Again
Just when it seemed inflation had gone away, the producer price index rose more than expected in February, due to oil and gasoline prices.
America’s Fastest-Growing City
A recent analysis reveals that the metropolitan area with the fastest-growing population last year was in Florida
Lucid at Risk as Fisker Fails
Fisker is failing and Lucid could be next. The entire electric vehicle (EV) industry is in the midst of an unexpected collapse.
This Item Helped CPI Stay Low
The cost of natural gas used in the home fell sharply last month, which helped to keep U.S. inflation in check.