Tesla Discloses Worst Quarterly Zinger of a Loss Ever, Burns $1.1 Billion Cash by Wolf Richter • May 2, 2018 • 106 Comments Not The Boring Company, but The Hopeless Company.
Wow that’s Fast: Mortgage Rates Jump to 2011 Levels by Wolf Richter • May 2, 2018 • 104 Comments What will Housing Bubble 2 do when mortgage rates hit 6%?
Update on the Most Splendid Rental Bubbles & Crashes in the US by Wolf Richter • May 1, 2018 • 75 Comments Chicago rents collapse, New York’s swoon, Southern California’s boom. And the US average hides all the drama on the ground.
Uber Loses Share to Lyft. Both Crush Rental Cars and Taxis by Wolf Richter • Apr 30, 2018 • 94 Comments War in business ground transportation. But tipping is not popular.
Rate Hike Ammo by Wolf Richter • Apr 30, 2018 • 61 Comments Fed’s favorite inflation gauge spikes, consumer spending holds up solidly.
Fight for Deposits Erupts among Banks, with Winners & Losers by Wolf Richter • Apr 29, 2018 • 52 Comments But it’s a godsend for savers.
I Asked my Wells Fargo Branch about CDs with Higher Interest Rates. This is What Happened Next by Wolf Richter • Apr 27, 2018 • 96 Comments Competition for cash returns for the first time in 9 years, and banks hate it.
Employment Costs Surge Most since 2008, Fed Raises Eyebrow by Wolf Richter • Apr 27, 2018 • 47 Comments Salaries, wages, benefits: a combustible fuel for the Fed’s tightening machine.
And the US Dollar? by Wolf Richter • Apr 26, 2018 • 66 Comments Fed’s relentless rate hikes and accelerating QE unwind take effect.
Carmageddon for Cars: “Cars” Are Scheduled to Die by Wolf Richter • Apr 25, 2018 • 145 Comments The end of an era in the US Auto industry — until $7 gas arrives.
