Select Page
Unsold homes start to stack up

Unsold homes start to stack up

The U.S. supply of new homes relative to sales in June was the highest since the middle of the last crash in 2010. In early July, buyer traffic to homebuilder websites and sales offices had plunged to the lowest level for the month since 2012, according to a survey of...
Tesla finally announces date of 3/1 stock split

Tesla finally announces date of 3/1 stock split

Oooh! What a tease. Back in the spring Tesla (TSLA) sorta announced a likely stock split on Twitter. Without a date. Then two weeks ago, company shareholders approved the anticipated 3/1 split. Without a date. Finally, on Friday, August 5, in documents filed with the...
Another crack in the jobs market

Another crack in the jobs market

Job openings in the United States fell in June to a nine-month low. The number of available positions decreased to 10.7 million in the month from an upwardly revised 11.3 million in May, the Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS, showed...
Walmart’s warning shrinks pool of safe stocks–Coke and McDonald’s benefit on strong earnings today

Walmart’s warning shrinks pool of safe stocks–Coke and McDonald’s benefit on strong earnings today

With Walmart (WMT) shares down 7.74% as of noon New York time today, July 26, on the company’s warning yesterday about falling revenue, the pool of safe consumer stocks continues to shrink. Which is bad if you owned Walmart or Dollar General (DG), also down...