Erik Sherman
Fortune
Northfield, MA, United States
Contact Erik
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Recent articles by Erik:
Some Tesla Insiders Exercise Options and Immediately Sell the Shares to Pull Millions Out of Their Holdings
Several insiders are exercising options then immediately flipping the stock—hardly a sign of confidence in the struggling automaker's future. → Read More
Here's Where All The Wealth Went
That the federal minimum wage has remained unchanged for nearly ten years while wealth continues to concentrate at the top of the economic ladder is no accidental coincidence. → Read More
While the Huawei Ban is Hurting Broadcom and Micron—it May Help Qualcomm and Ericcson
Suppliers to the telecom giant are already signaling problems, but other 5G network equipment vendors may get a boost. → Read More
'Fewer Choices, Higher Prices': Here's What Spurred 10 States to Try and Stop the Sprint T-Mobile Merger
Attorneys general are concerned about lowered competition, the impact on lower-income people, and a rush by the administration to greenlight the deal. → Read More
Remember Options Backdating? Nissan Gets Caught Using a Very Old CEO Pay Trick
CEO Hiroto Saikawa received an extra $432,382 when the board changed the date of a stock-based bonus. → Read More
3 Sectors Took a Nosedive in Latest Jobs Report
May saw the disappearance of 14,400 education jobs. Retail wasn't far behind, posting a loss of 12,700 positions. → Read More
There's No Roadmap to Breaking Up Facebook—But Here's Where the Government Might Start
There are major practical and legal hurdles to a breakup of Facebook without cooperation of the company. → Read More
49% of Americans Under Age 35 Now Report Having a 'Side Hustle'
Even though wages have been growing, 31% of the people surveyed needed extra work to make basic ends meet. → Read More
Consumer Spending Is Keeping the Economy Growing but May Sputter Out Next Year
Although a number of factors have kept the economy aloft, growth is slowing and worries about trade are a major concern say forecasters. → Read More
S&P 500 Has Performed 35% Worse Under Trump Than Under Obama
Dow Industrials and Nasdaq also saw much higher growth in 2009 to 2012. → Read More
Insurers Are Going High-Tech to Mitigate Risk This Hurricane Season
From scanning your roof via drone to testing a system that will "fireproof" your house, insurers are using tech to fight natural disasters. → Read More
Average Home Values See First Monthly Drop in 7 Years
Potential homebuyers don’t feel as wealthy as they did when the market was rising earlier this year. → Read More
Rare Earths, Bonds, and Permit Hell: 3 Weapons China Can Use to Escalate the Trade War
American companies are already reporting increased inspections, slower customs clearance, and other complications from increased official scrutiny in China. → Read More
Could Ford Buy Tesla? Here's How Likely A "Doomsday" Scenario Is
Big losses, uncertain delivery, and Elon Musk all offer hurdles. → Read More
Tesla Investors and Analysts Jump Ship: It's a "Quagmire" Says One
"One of top debacles we have ever seen," noted one analyst of a recent episode of the Elon Musk show. → Read More
Billionaire Donations Are Great But Education Needs Much More
That a billionaire could pay for the student loans of every member of Morehouse's class of 2019 was wonderful. But it is far from the total help the system and people of lower income need. → Read More
3 Subtle Ways China Is Beating Trump At His Own Trade War
A long-term outlook and ability to deny Trump a victory puts them ahead. → Read More
Tariffs on Mexican, Canadian Steel and Aluminum May Be Over—But There's a Twist
The Trump administration wants to keep Chinese steel from entering the U.S. by including in products from other countries. → Read More
Uber Shares Fall on Market Worries About Risk, U.S.-China Trade, and the Economy
Worries about Lyft, big losses, China, and the general economy weighed on shares. → Read More
Trump's 10 Years of Tax Losses May Have Been Engineered to Save Money
Trump wouldn't be the only real estate person to use accounting tricks to create paper losses. → Read More