With a lack of stimmies to keep the spending dream alive, analysts expected a 0.8% MoM plunge in retail sales (confirming BofA's recent perfect streak of predictions), but the data was even worse, tumbling 1.3% MoM...
Lumber futures on Chicago Mercantile Exchange posted their largest-ever weekly loss, extending a multi-week decline as sawmill output increases and buyers hold off on purchases, according to Bloomberg.
The G7 represents much about the world order that is totally unsustainable: elite wealth promoting false conflicts among nations instead of implementing genuine cooperation and peace.
Despite all the impassioned pleas to salvage local news coverage, the reality is there's a demand-side problem.
This weekend, the Baltimore Police Department (BPD) closed down multiple city streets around the Inner Harbor, in a stretch called "Fells Point," after dozens of local businesses threatened the new city government, run by Mayor Brandon Scott, to not
Peak shipping season is ahead -- and the parking lot of container ships moored off the US West Coast continues to worsen, with the epicenter of congestion based around Los Angeles/Long Beach ports.
House prices in the United States are being pushed up by pension funds that are outbidding middle class families and purchasing up to 24% of houses in some areas they then rent out, according to a new report.
An unprecedented thing is happening – and it isn't the attempt to inject every healthy American with "medicine" (sic) their health doesn't require.
The Keystone XL pipeline project's owner, TC Energy, said on Wednesday that it has terminated the controversial pipeline project that would have served as a lifeline to Canadian oilsands producers looking for more takeaway capacity.
Blackrock is buying every single family house they can find, paying 20-50% above asking price
At the latest De Beers diamond auction this week, buyers shopping for the kind of stones used to make an average engagement ring were in for a sticker shock: some prices had ballooned by 10% since the last sale.
Tesla received about a quarter-million reservations for the Cybertruck within about 48 hours of opening pre-orders.
Look out, Tim Cook: Mark Zuckerberg posts bizarre video of himself throwing spears and destroying bowling pins with a bow and arrow as he ups war with Apple
Federal prison inmates are keeping large sums of money -- in some cases more than $100,000 each -- in government-run deposit accounts effectively shielded from court orders for things like child support, alimony or other debts, and not subject to t
IT could be a battle of the billionaires to see who can launch themselves into space first as Richard Branson could beat Jeff Bezos.
Negotiators try to craft tax policy so Amazon meets thresholds New rules could target Amazon's cloud computing business
It still looks like we are nowhere near the end of the ongoing global semi chip shortage.
The company is debuting a new augmented reality app for its employees. It's barebones and brilliant.
Convenience stores are about . . . convenience. People go there chiefly in order to get out of there, quickly.
Mendocino is known for its Victorian architecture and striking setting on the bluffs of the Pacific Ocean in rural Northern California, 155 miles and three and a half hours north of San Francisco.
Mojave Desert residents say they support clean energy, but not giant projects, citing threat to tortoises and views
A North Carolina county commission has kicked Coca-Cola vending machines from government office buildings, accusing the soda giant of engaging in left-wing politics.
In the end, Uncle Sam's generous handouts won, and the labor shortage will be with us for a long time.
Tesla has established a data center in China, the company said last week, and data generated by all cars sold in the country will be stored domestically.
For most of my career, oil demand has grown each year and supply has roughly kept up. Sure, it's overshot in both directions. We've seen shortages and we've seen gluts.
The era of supersonic commercial flights came to an end when the Concorde completed its last trip between New York and London in 2003, but the allure of ultrafast air travel never quite died out.
Want fries with that, Elon? Tesla files trademark applications related to possibly opening its OWN restaurants
In March, the Small Business Administration gave a $234,548 Paycheck Protection Program (PPP) "loan" to George Soros's East-West Management Institute (EWMI).
Major League Baseball (MLB) and the league's players union were hit this week with a lawsuit for moving the All-Star Game out of Georgia earlier this year.
After receiving more than 75,000 individual complaints that it's Alex-powered Echo devices were spying on them, Amazon has abandoned its policy that such complaints must be resolved outside the court system via secretive arbitration proceedings, and