Research

US Oil Rig Count Rises by One; Crude Price Remains Higher

In the week ended February 23, 2018, the number of land rigs drilling for oil in the United States totaled 799, one more than in the previous week and up ...
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The Best and Worst Car Brands According to Consumer Reports

There are well over 50 automakers worldwide building cars and light vehicles. Some, like Rolls-Royce, build very few and others, like China's Geely, build vast numbers. Many automakers own several ...
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Crude Oil Price Jumps on Bullish Inventory Report

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Thursday morning, showing that U.S. commercial crude inventories decreased by 1.6 million barrels last week, maintaining a total ...
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Natural Gas Price Ticks Up Following Inventory Report

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 124 billion cubic feet for the week ending February 16. Analysts were expecting a ...
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Smartphone Sales Post First-Ever Year-Over-Year Decline

Analysts at Gartner have been tracking the global smartphone industry since 2004. Thursday morning the firm reported that global smartphone sales to end users declined by 5.6% year over year ...
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Are Opioids Robbing the Workplace of Key Employees?

Among the observations in the 557-page Economic Report of the President and Council of Economic Advisors is the extent to which the opioid crisis has damaged the efficiency of the labor ...
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Where Are Macy’s Customers Going?

The travails of Macy's Inc. (NYSE: M) are well known. The country's largest department store and the second-largest apparel retailer suffers from declining sales and dwindling market share. Most of ...
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BP Energy Outlook: ‘Don’t Be Fooled’ by Recent Increases in Oil Prices

Finding, developing and extracting oil and gas is both a long and expensive game. That is a large part of the reason that oil and gas companies spend time and ...
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January Existing Home Sales Slide More Than 3%

The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in January declined by 3.2% to 5.38 million from a downwardly revised total ...
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How Artificial Intelligence Can Make Cars and Drones Dangerous

If there is a sexier branch of computer science than artificial intelligence (AI) and machine learning, it's still hidden away in a lab somewhere and only a handful of people ...
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18% of US Energy Comes From Renewable Sources

Over the past 10 years, renewable power-generation capacity has accounted for 55% of all new construction. In 2017, the percentage of U.S. power generated from renewable sources rose from 15% ...
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US Oil Rig Count Rises by 7 as Crude Price Remains Steady

In the week ended February 16, 2018, the number of land rigs drilling for oil in the United States totaled 798, up by seven compared to the previous week and ...
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Consumer Sentiment Ignores Equity Markets, Soars on Tax Cuts

The preliminary University of Michigan Consumer Sentiment Index for February reached its second-highest level since 2004 in the first half of the month despite the carnage in the equities market ...
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January Housing Starts Soar Nearly 10%

The U.S. Census Bureau and the Department of Housing and Urban Development reported Friday morning that new housing starts in January rose to a seasonally adjusted annual rate of 1.326 ...
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A New Forecast That Cars Are Going Away

With the dawn of the self-driving cars and ride-sharing services, many experts have said that sales of traditional sedans, coupes, crossovers, sport utility vehicles and pickups will plunge. This would ...
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