[unable to retrieve full-text content]This morning analysts at Longbow upgraded U S Steel X Nucor NUE AK Steel AKS and Steel Dynamics STLD citing the potential for further government actions to boost steel prices Not everyone is as optimistic on steel prices or iron ore for that matter But will Source: nasdaq U.S. Steel: As […]
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GULLIVER wrote last week about American Airlines handing indignant flyers a notable victory. The carrier rescinded a plan to take away an inch of legroom from economy-class seats on new planes, following a public outcry. Such concessions are rare. Airlines generally worry about how customers vote with their wallets not how they grumble with their […]
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Economic optimism in the United States is surging, according to the latest CNBC All-America Economic Survey, with several key components hitting all-time highs, but it’s not helping the president. The CNBC survey of 800 Americans across the country finds that 30 percent of the public are optimistic about the economy now and for the future, […]
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LAST year, Bob Fornaro, the boss of Spirit Airlines, talked of the effort his firm had made to reduce the number of customer complaints. The ultra-low-cost carrier, dubbed the most hated airline in America by Bloomberg, had long been ranked as a primary purveyor of passenger pain, regularly propping up lists that rate airline service. […]
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AMAZON announced on June 16th that it would pay $13.7bn to buy Whole Foods, a grocer known for its organic produce. On the face of it, the purchase might not seem to upset the grocery cart, either for Amazon or for the supermarket business. Amazon controls a measly 0.2% of America’s grocery market; Whole Foods […]
Read moreHomebuilders slowed down the pace of construction for the third straight month in May, a possible sign that the shortage of houses for sale might worsen. The Commerce Department says housing starts fell 5.5 percent in May to a seasonally adjusted annual rate of 1.09 million units. This comes after a 2.7 percent monthly decline […]
Read moreIf Janet Yellen has her way, the Federal Reserve that she chairs is about to go from the center of the market’s universe to a mere afterthought. Investors might even welcome a boring Fed after a decade of hanging on every word out of the central bank. But for Yellen’s hope to become reality, a […]
Read morePresident Donald Trump wants to blow out the number of apprentices working for U.S. companies — but it doesn’t look like he’ll spend the money to do it. Apprenticeships blend on-the-job work with paid classroom instruction, and they usually last two to six years. The federal government has regulated and certified apprenticeships since 1937, but […]
Read moreThe Trump administration recently pointed to rising coal mining employment as a sign that the president’s “America First Energy Plan” is already bearing fruit. But many of those jobs might not actually exist. Administration officials are citing preliminary estimates of job gains, not hard numbers, as their proof that coal employment is already growing. But […]
Read moreThe competition for housing is heating up along with the summer temperatures and continuing to set new records. The average house sold in May went under contract in just 37 days, that’s the fastest reading since Redfin, a real estate brokerage, began tracking the market seven years ago. The previous record, set in April, was […]
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