And the definition of “cash” widens.
US producers simply don’t play along with OPEC and Russia.
$21 billion of debt. Off-balance-sheet entities. Moody’s wakes up, downgrades it four notches, with more to come.
The mood has shifted.
Fed’s assets drop to lowest level in over three years.
“The most destructive and deadliest” fires in the state’s history.
Steinhoff’s “accounting irregularities” crush its stock.
Renewable energy could get hit hard.
Uncertainty, threats, and counter-threats.
Gundlach frets about bonds during QE unwind, rate hikes, tax cuts, and rising deficits.
Big Risks, Thin Profits. US taxpayers helped.
No flashy announcement, to avoid alarming the markets.
The tax cuts and “elevated asset prices.”
Layoffs at GE Power, for example.
This is where Hype Goes to Die.
But many mid-tier markets are red-hot.
Bank of Mexico caught in a vise.
But only a few lost souls in Congress care.
Pointing at “excesses,” “distortions,” and “imbalances.”
What, first down-tick in Seattle?
One of Germany’s largest companies is trying to buy Monsanto, which changes everything.
But here’s how they’ll pull a bag over the public’s head about Uber’s “valuation” mirage for the IPO.
“I think that world is gone,” says Walmart US CEO about the Black Friday “mayhem” of prior years.
China wants to secure its supply of LNG.
Fresh startups with millions of dollars in funding run out of cash and collapse.
Wolf Richter on “This Week in Money.”
War on Cash bogs down, despite best efforts of government, banks, and credit card companies.
Tripped up by “eroding affordability and persistently low inventory.”
So funny even I couldn’t keep a straight face.
Surge in hedging puts downward pressure on the oil futures curve.