The 30 Metros in the US with the Highest and Lowest Incomes by Wolf Richter • Sep 14, 2017 • 56 Comments Breath-taking differences in a vast country.
The Chilling Fact “Record Median Household Income” is Hiding by Wolf Richter • Sep 14, 2017 • 68 Comments Which Households Got the Spoils? Not Many. Or Why Consumer Spending Has Been Dragging for Years.
The Crushing of Equifax by Wolf Richter • Sep 13, 2017 • 115 Comments Banks, credit card companies, and other Equifax customers squeal. Consumers (the product) squeal. Congress squeals. Investors squeal.
“You Should Take the Fed at Their Word” by Wolf Richter • Sep 13, 2017 • 73 Comments Flip-flopping killed its credibility. And that’ll be a problem for the markets.
Can You Really “Shut Down” a Nuclear Power Plant before a Hurricane? by Leonard Hyman and Willian Tilles • Sep 13, 2017 • 92 Comments Soothing words before the storm: “Our nuclear plants are now shut down.”
The Terrible Facts about Real Earnings of Men by Wolf Richter • Sep 12, 2017 • 124 Comments The annual income data from the Census Bureau is here. Men, sit down.
Investors Fret as Catalonia’s Independence Turmoil Seethes by Don Quijones • Sep 12, 2017 • 26 Comments The closer the referendum, the more draconian Spain’s response.
The Startling Thing the CEO of Restoration Hardware Said about Online Ad Spending by Contributor • Sep 11, 2017 • 76 Comments One of the most lucrative sectors in Silicon Valley is at risk.
Shares of the Swiss National Bank Soar 64% in Two Months by Wolf Richter • Sep 11, 2017 • 30 Comments What the heck is going on?
So Where Does the Money Go that Mexico Borrows? by Don Quijones • Sep 11, 2017 • 16 Comments Answers emerge. Including offshore private accounts.