US Government Sold $701 Billion of Treasury Securities this Week. As Deficits Balloon, Bond Math Is Relentlessly Brutal

by Wolf Richter • Feb 14, 2026 • 35 Comments

Sold $54B of 10-Year Treasury notes at 4.18% to replace $25B of maturing 1.73% 10-year notes, pushing up amount outstanding by $29B.

Services Inflation Spikes in January, but Bad-Joke OER CPI Pushes Down on Year-over-Year CPI. OER is Huge and Bad

by Wolf Richter • Feb 13, 2026 • 91 Comments

Gasoline & used-vehicle prices plunge, food inflation backs off for a moment, natural gas bills jump.

Sales of Single-Family Homes Plunged (even in the West in Warm Weather), Supply Surged, Median Price Nearly Flat YoY

by Wolf Richter • Feb 12, 2026 • 53 Comments

Demand destruction continues after the price explosion from mid-2020 to mid-2022.

Dear Reader, Pitch that Special Job Directly to other WOLF STREET Readers (and Showcase your Company)

by Wolf Richter • Feb 11, 2026

WOLF STREET readers are a fantastic bunch, and they’re right here.

Here Come the HELOCs: Mortgages, Housing-Debt-to-Income-Ratio, Serious Delinquencies, and Foreclosures in Q4 2025

by Wolf Richter • Feb 12, 2026 • 39 Comments

One of the most fundamental changes resulting from the Financial Crisis was the transfer of mortgage risk from banks to taxpayers.

Private Sector Ramps Up Hiring. Job Losses Mount at Federal & State Governments

by Wolf Richter • Feb 11, 2026 • 64 Comments

How much job growth is actually needed as population growth slows dramatically?

Growth of Nonfarm Jobs in 2024 and 2025 Much Weaker than Previously Reported: The Annual Benchmark Revisions

by Wolf Richter • Feb 11, 2026 • 26 Comments

Total nonfarm employment is 1.03 million jobs lower than previously estimated.

Household Debts, Debt-to-Income Ratio, Delinquencies, Collections, Foreclosures, and Bankruptcies in Q4 2025

by Wolf Richter • Feb 11, 2026 • 59 Comments

Americans and their Debts. Long-defaulted federal student loans, after coming out of the woodwork, whack delinquency rates.

Not Seasonally Adjusted, Retail Sales Spiked by $80 billion, the Most for any December Ever by far, to $817 Billion, the Most Ever

by Wolf Richter • Feb 10, 2026 • 34 Comments

Seasonal Adjustments Gone Awry? They whacked $82 billion off December sales, by far the most ever.

Despite 4 Years of Mass-Layoffs at Alphabet & Amazon, Headcount Rose in 2025, Nearly Flat with Peak, as Hiring Continued

by Wolf Richter • Feb 9, 2026 • 36 Comments

After biggest hiring binge ever in 2020-2021, it was clear there’d be a lot of sorting out & cleaning up afterwards.

Software Company monday.com Plunges 22% today, -82% from High, -50% from IPO Price, into our Imploded Stocks

by Wolf Richter • Feb 9, 2026 • 43 Comments

Is it finally time to bottom-fish this stock? Or is it a falling knife?

AMZN, GOOG, MSFT, META, ORCL Plan $700 Billion in Largely AI-Related Capex in 2026. Where the Cash Comes From

by Wolf Richter • Feb 7, 2026 • 131 Comments

Big Tech is finally plowing their cash & their investors’ cash into the economy.

Here We Go Again on Inflation: Used Vehicle Prices Jump in January, Expected to Jump More in Record Tax-Refund Season

by Wolf Richter • Feb 6, 2026 • 71 Comments

Tax refunds make great down-payments which are great for higher prices. Every year, the industry salivates over it. But this year will be special.

Bitcoin Treasury Company Strategy [MSTR] Plunged 77% from its High, Joins our Imploded Stocks. Bitcoin Plunged only 50%

by Wolf Richter • Feb 5, 2026 • 105 Comments

The miracle of valuing the company’s stock far higher than its bitcoin holdings came unglued. Then bitcoin plunged.

Companies Hang on to their Workers, and Workers Cling to their Jobs: One More Factor why it’s Tough for Job Seekers

by Wolf Richter • Feb 5, 2026 • 50 Comments

Much slower turnover in the labor force leaves fewer job openings to be filled.

ADP Employment Report Massively Revised to 2010 with Huge Erratic Differences in Month-to-Month Job Creation & Losses

by Wolf Richter • Feb 4, 2026 • 81 Comments

Rendering reliance on it for indications of employment trends useless.

PayPal Shares Plunged 86% from the 2021 Goofball High and Right into our Imploded Stocks

by Wolf Richter • Feb 3, 2026 • 104 Comments

The sudden CEO switcheroo was just the latest spooky thing.

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.

US Government Sold $766 Billion of Treasuries this Week. Yield Curve Steepened as 30-Year Treasury Yield Rose to 4.87%

by Wolf Richter • Jan 31, 2026 • 117 Comments

The spread between the 2-year and 10-year Treasury yields now the widest since January 2022.