Is the 2nd Half of 2017 when Sears Finally Kicks the Bucket? by Wolf Richter • Dec 29, 2016 • 67 Comments This announcement gives some clues that after years of disappointment, Sears doom-and-gloomers might finally approach the end of their long wait.
Scandal & Cover-Up Plagued Toshiba Re-Implodes by Wolf Richter • Dec 28, 2016 • 38 Comments After surging 206% since February!
Home Buyers Sapped by Soaring (but Still Low) Mortgage Rates, Sky-High Home Prices by Wolf Richter • Dec 28, 2016 • 79 Comments “The budget of many prospective buyers last month was dealt an abrupt hit”
Deflating Manhattan Housing Bubble Hits Amy Schumer by Wolf Richter • Dec 27, 2016 • 57 Comments “You can’t lose money in real estate” – until you do.
Bank Bailout Balloons, Tab for Italian Banking Crisis Soars by Wolf Richter • Dec 27, 2016 • 31 Comments Over the Christmas holidays when no one was supposed to pay attention, the bailout costs of Monte dei Paschi, third largest bank in Italy, soared 75%!
Minimum Wages Jump on Jan. 1 in Cities & States. Here’s what I Think about it. by Wolf Richter • Dec 26, 2016 • 135 Comments While Congress sits on its hands.
New Census Data Shows Why the Job Market is Still “Terrible” (as Trump said), but the Numbers Get Hushed up by Wolf Richter • Dec 26, 2016 • 109 Comments Hardly any improvement for individuals since the Great Recession.
Bundesbank Hauls its Gold back from New York & Paris Faster than Planned by Wolf Richter • Dec 25, 2016 • 59 Comments A “trust-building” measure after a huge hullabaloo about the missing gold.
Canada’s Goods Producing Sector Caves by Wolf Richter • Dec 23, 2016 • 70 Comments Exports, particularly to the US get blamed, despite the crushed loonie.
World Trade Falls to 2014 Level, just in Time for a “Trade War” by Wolf Richter • Dec 23, 2016 • 105 Comments Threatened Trade War meets the Great Stagnation.