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by Wolf Richter • Sep 15, 2021 • 0 Comments

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Sagging Used-Car Prices, Spiking Maintenance & Repair Costs, and a Post-Bankruptcy Propaganda Coup Turn Toxic for Hertz

by Wolf Richter • Apr 29, 2024

Americans need lower car prices. But not Hertz. “The residual decline … was relative to both ICE vehicles and EVs”: Hertz

Money Market Funds, T-Bills, Large CDs, Small CDs: Americans Learn to Arbitrage the Higher-for-Longer Interest Rates

by Wolf Richter • Apr 27, 2024

There’s no need to still pay a “loyalty tax” to the banks.

Fed’s Wait-and-See on Rate Cuts Further Supported by Extra-Hot “Core Services” PCE Inflation & Hot “Core” PCE Inflation

by Wolf Richter • Apr 26, 2024

Housing inflation refuses to cool for eighth month, and five of the remaining seven core services accelerated further. This is not good.

Our Drunken Sailors Splurge on Services, Fixed Investment Surges. But Much-Worse Imports Drag Bigly on GDP. And there’s a Blip in Government Spending

by Wolf Richter • Apr 25, 2024

Re-accelerating inflation in Q1 hit “real” GDP growth. “Current-dollar” GDP growth only a hair slower than in Q4.

Biggest Landlords Pile into “Build-to-Rent” Single-Family Houses, but Sell Older Houses into this Overpriced Market

by Wolf Richter • Apr 24, 2024

American Homes 4 Rent and Invitation Homes sold over 3,000 older single-family houses in 2023.

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