German Exports Plunge 10% Overall, 14% to Non-EU Countries by Wolf Richter • Sep 9, 2016 • 40 Comments Something doesn’t add up.
Dell-EMC to Lay Off 2,000 – 3,000 US Workers after Requesting 5,000 H-1B Visas & Green Cards to Import Foreign Workers by Wolf Richter • Sep 9, 2016 • 108 Comments Trying to find efficiencies and synergies to save $1.7 billion.
Goldman Sachs Just Launched Project Fear in Italy by Don Quijones • Sep 8, 2016 • 36 Comments Things could get very ugly, very fast, if those bank bonds collapse.
“Tech” Paid $5 Billion in Fees to Wall Street in 2016, and Look What it Got for it by Wolf Richter • Sep 8, 2016 • 27 Comments Most often it just leads to more shut-downs, write-offs, and layoffs.
The Great Debt Unwind Beneath the Surface: US Commercial Bankruptcies Soar by Wolf Richter • Sep 7, 2016 • 52 Comments They’d believed in six years of Wall Street hogwash. Now reality sets in.
Crude Oil Freight Rates Plunge to Record Lows by Wolf Richter • Sep 7, 2016 • 37 Comments Overcapacity meets broken promises of soaring demand.
EU Launches New Power Grab, to Roaring Public Approval by Don Quijones • Sep 6, 2016 • 36 Comments A “Back Door” to Fiscal Union.
Household Discretionary Spending Stuck in 4-Year Quagmire by Wolf Richter • Sep 6, 2016 • 46 Comments Spending the same to end up getting less.
“Zombie Apocalypse”: The Hanjin Bailout that Didn’t Happen by Wolf Richter • Sep 5, 2016 • 47 Comments It “shatters the complacency” that TBTF carriers “are immune to failure”
Canadian Auto Industry is in for a Rough Ride by Angela Johnson • Sep 4, 2016 • 14 Comments Will these converging headwinds lead to a repeat of 2009?