Consumers Slash Spending Growth Expectations by Wolf Richter • May 8, 2017 • 118 Comments Lowest Level in Fed’s Data. The wallet does something embarrassing.
Hertz Gets Crushed after “Even Worse than Expected” Loss by Wolf Richter • May 8, 2017 • 21 Comments #Carmageddon and Uber did it. For Carl Icahn, it just doesn’t let up.
Where the Heck is the Macron-Victory Rally? by Wolf Richter • May 8, 2017 • 34 Comments Everything is fizzling.
Answers Emerge: This is How Badly Uber Eats into Hertz by Wolf Richter • May 7, 2017 • 65 Comments Uber burns a lot more cash, but Hertz gets keelhauled.
What the Layoffs at Ford’s Medium-Duty Truck Plant Mean by Wolf Richter • May 5, 2017 • 73 Comments Demand from businesses in the real economy is slumping.
Here’s What Oil Did Today and Over the Past Three Weeks by Wolf Richter • May 4, 2017 • 40 Comments It’s ugly. With a long list of culprits.
Manufacturing Might Come Back to the US, but Robots will Get the Jobs: Apple CEO by Wolf Richter • May 4, 2017 • 102 Comments Robots are the Great Equalizer.
Puerto Rico Triggers Largest Ever US Muni Bankruptcy Process by Wolf Richter • May 3, 2017 • 52 Comments “We’re going to protect our people”: Governor Rosselló. Hedge funds reel.
#Carmageddon Not Yet, But Hot Air Hisses out of Auto Bubble by Wolf Richter • May 2, 2017 • 56 Comments Despite record incentives, sales decline speeds up, inventory bloat spreads to zombie malls.
The Great Unwind Grips the 12 Hottest US Rental Markets by Wolf Richter • May 1, 2017 • 89 Comments Peak Rent. Traces of relief for renters. Landlords scramble. But in some cheaper cities, rents soar.
