Since Cornelius Vanderbilt established the first railroads for commerce and shipping in the early 1860s, transportation has become more efficient and cost effective. By 1917, there were roughly 1,500 railroads in operation with […]

As China and other developing countries continue to grow their middle class and build new cities and roads, the demand for energy such as electricity, continues to increase enormously. China continues to build […]

Each month the Department of Commerce releases its Gross Domestic Product (GDP) report. This report is the single most recognized indicator of how the economy is performing. GDP is made up of private […]

Years of consecutive increases in U.S. auto sales have put a glut of vehicles on U.S. highways. In addition, a significant number of those sales were with a lease, leading to a rising […]

Financial markets started the year off with an eye on earnings, the upcoming election, and developments in the Middle East and Ukraine. Markets are eagerly awaiting for the Fed to finally commence its […]

Despite efforts to curtail oil consumption and production of domestic oil, the U.S. achieved another record producing year in 2023. With over 13 million barrels of oil produced per day, the U.S. continues […]

Election year markets are always a quandary, as candidates propose economic and fiscal plans in order to boost the nation’s economy. Interestingly enough, political parties have had nearly no bearing on market performance […]

Consumers nationwide are frustrated at gasoline pumps as prices have leaped much more quickly than they have dropped. As the drop in gas prices has afforded more discretionary spending for consumers, it now […]

Equity indexes advanced in November as expectations that the Fed has ceased rate hikes with the possibility of rate reductions as early as March 2024. International and domestic indexes climbed as optimism for […]

With the onslaught of popular electronic payment methods, cash still continues to be a primary payment method of choice. The average person still uses cash for transactions every month and in some cases […]