Self-Driving Vehicle Revolution to Wipe Out 4 Million Jobs by Wolf Richter • Sep 14, 2016 • 162 Comments But we’re not prepared.
The Chilling Thing CEOs of Corporate America Said about Jobs by Wolf Richter • Sep 13, 2016 • 56 Comments Part of the “unfortunate new normal.”
After Donating 4 Times to Hillary’s Campaign, Fed Governor Tries to Prop up the “Financial Markets” by Wolf Richter • Sep 13, 2016 • 35 Comments Angling for the job of Treasury Secretary in the Clinton administration?
Another Big Central Bank Warns on Housing Bubble, Frets about Risks to Banks, Blows Whistle on Stimulus by Wolf Richter • Sep 12, 2016 • 28 Comments House price declines have caused uproars in China, which is exactly what authorities fear more than anything. But they also fear bubbles, having seen how they implode – and cause uproars.
Fed Dove Frets about Asset Bubbles, Wall Street Freaks out by Wolf Richter • Sep 10, 2016 • 32 Comments The Fed hawks don’t matter. The doves do!
German Exports Plunge 10% Overall, 14% to Non-EU Countries by Wolf Richter • Sep 9, 2016 • 40 Comments Something doesn’t add up.
Dell-EMC to Lay Off 2,000 – 3,000 US Workers after Requesting 5,000 H-1B Visas & Green Cards to Import Foreign Workers by Wolf Richter • Sep 9, 2016 • 108 Comments Trying to find efficiencies and synergies to save $1.7 billion.
“Tech” Paid $5 Billion in Fees to Wall Street in 2016, and Look What it Got for it by Wolf Richter • Sep 8, 2016 • 27 Comments Most often it just leads to more shut-downs, write-offs, and layoffs.
The Great Debt Unwind Beneath the Surface: US Commercial Bankruptcies Soar by Wolf Richter • Sep 7, 2016 • 52 Comments They’d believed in six years of Wall Street hogwash. Now reality sets in.
Crude Oil Freight Rates Plunge to Record Lows by Wolf Richter • Sep 7, 2016 • 37 Comments Overcapacity meets broken promises of soaring demand.