Days of Living Dangerously in Catalonia by Don Quijones • Oct 15, 2017 • 29 Comments Fractured communities, splintered families, broken friendships.
Kobe Steel Scandal Could Rattle US Nuclear Industry by Leonard Hyman and Willian Tilles • Oct 15, 2017 • 27 Comments Second major scandal involving a steel supplier of reactor components.
ECB Suffers from “Corporate Capture at its Most Extreme” by Don Quijones • Oct 14, 2017 • 46 Comments Many of these banks are implicated in the biggest financial crimes.
What the Headlines Got Wrong about Retail Sales by Wolf Richter • Oct 14, 2017 • 33 Comments No, our American consumers didn’t suddenly perform a miracle.
Yellen Was Right: “Transitory” Factors of “Low” Inflation Are Reversing, with Much More to Come by Wolf Richter • Oct 13, 2017 • 76 Comments What’s Boiling Beneath the Surging Inflation?
IPO in March, Crushed Today: PE Firm Pushes another Retailer into Brick-and-Mortar Meltdown by Wolf Richter • Oct 12, 2017 • 58 Comments Why is anyone still buying retailers from private equity firms?
GM to Lay Off 1,500 More Workers, as its Car Sales Plunge Twice as Fast as Rest of Industry by Wolf Richter • Oct 12, 2017 • 93 Comments Hounded by overcapacity. But other automakers do just fine with cars.
De-dollarization Not Now by Wolf Richter • Oct 11, 2017 • 61 Comments USD-denominated debt outside the US hits record – even junk bonds.
Catalonia Crisis Far From Over Despite Market Surge by Don Quijones • Oct 11, 2017 • 30 Comments Hopes that Catalonia’s woes could be contained are fading.
It’s Over for Sears Canada by Wolf Richter • Oct 10, 2017 • 70 Comments Liquidate, close all stores, lay off 12,000 people. Brick & mortar meltdown.