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Showing posts from February 16, 2016

America's Senior Moment: The Most Rapidly Aging Cities

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In the following decades, the United States is going to look much grayer. By 2050, the number of Americans over 65 will almost double to 81.7 million, with the share of the total population Rising to 21 percent from about 15 percent now, according to projections of the census. More than 10.000 baby boomers are turning 65 every day. The Philadelphia 76ers’ senior citizens dance team perform during a time out in the game against the Cleveland Cavaliers on January 5, 2015, in Philadelphia, Pa. Almost every part of America will become more senior-dominated, but some more than others. To determine where they are concentrated more heavily their elders, we looked at 2014 American community through surveys of the country 53 largest metropolitan areas and looked at which areas have high rates in the elderly. In many ways, these areas are already experiencing what most of the country in the coming decades. The most aged regions largely come in two forms. Retirement metropolit

New Ford SUV Onslaught Doesn't Mean Ignoring Fuel Efficiency

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2017 Ford Explorer At a time when automakers are facing the prospect of having to increase fleet average fuel economy from 35.1 mpg in 2016 to 54.5 mpg in 2025, the idea of ​​building even more the SUV seems to be completely Damn. Although the Ford Vice President of Marketing and Sales Mark LaNeve kick off 2016 Chicago Auto Show last week announcing the addition of four new SUV signs on Ford's global lineup. LaNeve did not give any specifics on exactly where the new products would join the lineup that has led to some speculation that perhaps Ford was gonna back the bad old days of a decade ago. At that time the US-based automakers built trucks and SUVs as fast as they could while ignoring fuel efficiency, such as fuel prices were on the spike and the economy would collapse. This impression is further enhanced by the recent announcement of Fiat Chrysler that will end production of the Chrysler 200 and Dodge Dart 2017. While the makings of a disastrous misstep can not be exc

OPEC-Russia Agreement To Freeze Production Is Meaningless

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    Qatar’s Minister of Energy and Industry Mohammed Saleh al-Sada (center), Saudi Arabia’s  minister of Oil and Mineral Resources Ali al-Naimi (left), and Russia’s Energy Minister Alexander Novak attend a press conference Tuesday in the Qatari capital Doha. Energy    giants Saudi Arabia and Russia agreed to freeze oil output to try to stabilize the market if other major producers do the same, Qatar’s oil minister said. Freezing oil production announced Tuesday by some OPEC members and Russia is not a cut and is largely meaningless. It does not include Iran and Iraq. Obviously only includes Saudi Arabia, Russia, Venezuela and Qatar. What is it really? A largely empty and cynical gesture that almost certainly will lead to another price increase "head-fake" that will not last. This will strengthen the OPEC income temporarily. The oil minister of Saudi Arabia's al-Naimi said the agreement to freeze the production levels of January was "dynamic and preliminary,&