US Freight Expenditures Surge 15.6% from Year Ago by Wolf Richter • Apr 16, 2018 • 33 Comments Trucking, rail freight volume and rates surge, “pricing power has erupted.”
Optimism of Manufacturers “Plunged” the Most Ever: NY Fed by Wolf Richter • Apr 16, 2018 • 51 Comments Corporate America fears that a Trade War would hit supply chains in China.
Why Aren’t Big Banks Paying Higher Interest Rates on Deposits though Rates Have Surged? by Wolf Richter • Apr 15, 2018 • 54 Comments Well, they do pay higher rates, but not to their own clients.
Is the “Petro-Yuan” a Credible Challenge to Dollar Supremacy? by Wolf Richter • Apr 15, 2018 • 44 Comments Wolf Richter with Jim Goddard on “This Week in Money.”
Our Dental Insurance Sent us “Free” Internet-Connected Toothbrushes. And this is What Happened Next by Wolf Richter • Apr 14, 2018 • 146 Comments When the product is “free,” WE are the product.
More Carmageddon at GM, Cuts Shift in Ohio, 1,500 Layoffs, as Cruze Sales Plunge. Production in Mexico Started in 2015 by Wolf Richter • Apr 13, 2018 • 62 Comments It already cut the third shift in 2017. Now it cut the second shift. Carmageddon but not Truckmageddon.
As Malls Get Crushed, Commercial Real Estate Prices Fall to Lowest in Nearly Two Years by Wolf Richter • Apr 13, 2018 • 33 Comments Leverage is why the Fed has been worried about the price bubble in CRE.
Google Saves Manhattan Office Market. Chinese Buyers Vanish by Wolf Richter • Apr 12, 2018 • 34 Comments One mega-deal at a mega price. The rest was dreary.
US Government Spending May Exceed 60% of GDP by Contributor • Apr 12, 2018 • 49 Comments Half of US federal spending is unrecorded.
How Much Longer Can Pemex Hang On? by Don Quijones • Apr 12, 2018 • 33 Comments It lost $18 billion in Q4 on declining revenues and production, has $102 billion in debt, and now its world is changing.