Office CMBS Delinquency Rate Spikes to Record 12.3%, Much Worse than Financial Crisis Meltdown Peak by Wolf Richter • Feb 3, 2026 • 54 Comments Spike of defaults in January was triggered by two Manhattan office towers; one of them is heading to a foreclosure sale.
Figma, IPO Hotshot AI-Powered Design Software Firm, Joins Our Imploded Stocks by Wolf Richter • Feb 2, 2026 • 47 Comments After riding up the AI-hype mania for two days.
Miles Driven Hit Record in 2025, beating 2019, amid Lethargic RTO, Mass Transit Blues, but a Jump in Population by Wolf Richter • Feb 2, 2026 • 56 Comments Since 2019, miles driven rose by 1.9%, the population by 3.6%, and miles driven per person fell.