Carmageddon Sinks Tesla’s Bonds by Wolf Richter • May 20, 2019 • 96 Comments Tesla is steeped in chaos — and chaos is absolutely the opposite what a complex manufacturing, distribution, and retail operation needs.
THE WOLF STREET REPORT by Wolf Richter • May 19, 2019 • 50 Comments What the Subprime Auto-Loan Fiasco Means.
This Is What Happens When Retailer Asks Landlord for a Rent Reduction by John McNellis • May 19, 2019 • 40 Comments The practice of renegotiating rent is older than selling Thanksgiving turkeys as loss leaders, but there is a relatively new, ugly wrinkle to the game.
E-Commerce Crushes Mall Retailers One by One. Here’s the Data by Wolf Richter • May 18, 2019 • 81 Comments Brick-and-mortar department stores – the lucky ones still open – are on schedule to be toast.
What Should We Make of the Global Slowdown in Manufacturing? by Wolf Richter • May 18, 2019 • 7 Comments The global slowdown in manufacturing and trade is not pretty. How will it impact the US and other major economies? Wolf Richter on This Week in Money.
How Did the US Service Sector Do in Q1? by Wolf Richter • May 17, 2019 • 45 Comments Finance & Insurance, Which Dominates the US Economy, Has Blistering Q1. Huge Services Sector Not Yet Hit by Slowdown in Goods.
Vacation Giant & Airline Thomas Cook Verges on Collapse by Don Quijones • May 17, 2019 • 32 Comments Citi Group analysts slashed their price target to zero.
Brick & Mortar Meltdown, Manhattan Style by Wolf Richter • May 16, 2019 • 116 Comments Retail space asking rents plunge as landlords try to fill scores of vacant shops. Charts by shopping corridor.
UK Banks Double Down on High-Risk Mortgage Products to Prop Up Housing Market by Don Quijones • May 16, 2019 • 50 Comments Like the mortgage crisis never happened.
Subprime Bites: Auto-Loan Delinquencies Spike to Q3 2009 Level, Despite Strongest Labor Market in Years by Wolf Richter • May 15, 2019 • 80 Comments But what will happen to banks and automakers when the cycle turns?