Here Come the HELOCs: Mortgages, Housing-Debt-to-Income-Ratio, Serious Delinquencies, and Foreclosures in Q2 2025 by Wolf Richter • Aug 6, 2025 • 6 Comments Taxpayers and investors are mostly on the hook this time, not banks.
Household Debts, Debt-to-Income Ratio, Serious Delinquencies, Collections, Foreclosures, Bankruptcies: Our Drunken Sailors’ Debts in Q2 2025 by Wolf Richter • Aug 5, 2025 • 84 Comments The long-defaulted federal student loans come out of the shadows of government forbearance.
Construction Spending on Data Centers, Office Buildings, and Electric Power Installations by Wolf Richter • Aug 4, 2025 • 81 Comments Boom, bust, and the adults in the room.
Inventories of Homes for Sale Surge in Denver, Seattle, Phoenix, Tucson, Portland, Las Vegas, Salt Lake City, Albuquerque, Boise by Wolf Richter • Aug 4, 2025 • 95 Comments Lots of inventory, little demand: Median days on the market before homes got pulled or sold spiked to 70 days in Phoenix.
Tariff Cash Is Rolling In, Hits $28 Billion in July by Wolf Richter • Aug 2, 2025 • 176 Comments At this pace, tariffs will raise an additional $230 billion in corporate taxes a year. US nonfinancial corporate profits spiked to $3 trillion a year.
Slowing Supply of Immigrant Labor & Slowing Job Growth Keep the Job Market “in Balance” and the Unemployment Rate Low, Push Up Wages. Powell Talked about It by Wolf Richter • Aug 1, 2025 • 138 Comments The Fed’s dual mandate is “stable prices and maximum employment, not so much growth” in employment, he said at the press conference.
Homes for Sale in Big California Markets Pile Up, Days on the Market Spike to Highest in Years, despite Surge of Delistings, as Buyers Vanished by Wolf Richter • Jul 31, 2025 • 53 Comments Listings YoY: Orange County +50%, San Diego +44%, Los Angeles +38%, Riverside-San Bernadino +38%, Sacramento +37%, Fresno +33%, San Jose & Silicon Valley +29%; San Francisco metro +21%.
PCE Inflation Accelerates in Services and Goods. What Powell Is Waiting For by Wolf Richter • Jul 31, 2025 • 91 Comments Not everything rose. Prices fell for new vehicles, auto parts, auto accessories, and phones.
The Fed, Torn by Two Governor Dissents, Sticks to Wait-and-See, Keeps Rates at 4.25%-4.50%, Frets about Uncertainty by Wolf Richter • Jul 30, 2025 • 115 Comments “Uncertainty about the economy outlook” is back in full force in today’s statement, after it had “diminished” at the last meeting. QT continues.
Whacked Down by Plunging Inventories and Whacked Up by Plunging Imports, GDP Grows by 3.0% by Wolf Richter • Jul 30, 2025 • 22 Comments Consumer spending growth accelerated from low levels. Federal government spending drops for second quarter in a row.
