Cash-Burn Threatens Blue Apron 3.5 Months after IPO by Wolf Richter • Oct 18, 2017 • 68 Comments Layoffs and cost cuts have commenced.
Mnuchin Deploys Stock Market Bubble as Political Weapon by Wolf Richter • Oct 18, 2017 • 127 Comments But the ballooning National Debt has disappeared from the agenda.
Wells Fargo Gets Clocked in California by Wolf Richter • Oct 17, 2017 • 65 Comments Why is Tim Sloan still CEO, asks California Treasurer as “systemic corruption and venal abuse of customers” have become “part of Wells Fargo’s brand.”
Wheezing Consumers & Slowing Economy, No Problem: UK Inflation Jumps Most in 5+ Years. Rate Hike Due in November by Wolf Richter • Oct 17, 2017 • 45 Comments The Fed leads, other central banks follow.
Why Did Sears Holdings’ Largest Outside Shareholder Suddenly Jump Overboard? by Wolf Richter • Oct 16, 2017 • 44 Comments 4th director to quit in 10 months. Bankruptcy prospects heat up.
Asset-Stripping by Private Equity Firms Is Booming by Wolf Richter • Oct 16, 2017 • 64 Comments Here are the numbers. Peak chase-for-yield by institutional investors?
Pentagon Worried about Hackers Causing Stock Market Crash by Wolf Richter • Oct 15, 2017 • 54 Comments The Pentagon?! But no one’s worried when stocks get manipulated higher.
What the Headlines Got Wrong about Retail Sales by Wolf Richter • Oct 14, 2017 • 33 Comments No, our American consumers didn’t suddenly perform a miracle.
Yellen Was Right: “Transitory” Factors of “Low” Inflation Are Reversing, with Much More to Come by Wolf Richter • Oct 13, 2017 • 76 Comments What’s Boiling Beneath the Surging Inflation?
IPO in March, Crushed Today: PE Firm Pushes another Retailer into Brick-and-Mortar Meltdown by Wolf Richter • Oct 12, 2017 • 58 Comments Why is anyone still buying retailers from private equity firms?