Why do Billionaires Keep Buying US Newspapers despite their “Terrible Future,” as Buffett Said? by Wolf Richter • Feb 20, 2018 • 68 Comments Today Buffett’s own newspaper conglomerate announced the 2nd round of layoffs in 10 months. Here are the billionaires that bought US papers.
How GM Is Shaking Down South Korean Taxpayers by Wolf Richter • Feb 20, 2018 • 39 Comments The threat of Carmageddon for jobs.
US Treasury Posts Gigantic $1.16 Trillion Shortfall in Fiscal 2017, Hilariously Points out “Where We Are Headed” by Wolf Richter • Feb 19, 2018 • 130 Comments Just add tax cuts and ballooning expenditures. The media chose to silence the report to death.
“Blockchain” Stocks Completely Disintegrate by Wolf Richter • Feb 18, 2018 • 63 Comments Black Friday for them. Meet the OTC’s “skull and crossbones.”
What’s Going on with Stocks, Gold, Silver, Oil, and Mortgages? by Wolf Richter • Feb 18, 2018 • 26 Comments Was the selloff in stocks just a brief correction, or a sign of greater significance?
Rising Interest Rates: New Era with Tough Outcomes by Wolf Richter • Feb 17, 2018 • 55 Comments Wolf Richter with Jim Goddard on “This Week in Money“
Online Sales Soar at Fastest Rate in Years. Why? by Wolf Richter • Feb 16, 2018 • 97 Comments Which part of Brick-and-Mortar is crumbling?
The Dollar Spirals Down, Hits Lowest Point Since 2014 by Wolf Richter • Feb 16, 2018 • 93 Comments What will the Fed do?
“Financial Stress” Spikes. Markets, Long in Denial, Suddenly Grapple with New Era by Wolf Richter • Feb 15, 2018 • 22 Comments Fed’s monetary policy shift is finally taking hold. It just took a while.
Retail Sales, Inflation Add Fuel to Fed’s Rate-Hike Trajectory, Treasuries Dive as Yields Surge by Wolf Richter • Feb 14, 2018 • 55 Comments But something funny happened on the way to the headlines.