How Trump Could Unwittingly Gut Boeing’s Global Business by Wolf Richter • Jan 16, 2017 • 94 Comments Other US companies are equally vulnerable.
These “8 Men” Own as Much as Poorest Half of the World, Oxfam Reports as Global Elite Hobnobs in Davos by Wolf Richter • Jan 16, 2017 • 129 Comments Even in “rich countries,” more and more people “are no longer willing to tolerate the status quo.”
Surge in Consumer Confidence Turns to “Dismal” Retail Sales beyond Autos, Gasoline by Wolf Richter • Jan 13, 2017 • 103 Comments Pundits sent back to the drawing board.
For How Long Did Fiat-Chrysler Hide its EPA Diesel Fiasco? Investors Found out the Hard Way Today by Wolf Richter • Jan 12, 2017 • 70 Comments Just days ago, CEO Marchionne tried to soften up Trump.
Bitcoin Collapses, Chinese Latecomers Get Fleeced by Wolf Richter • Jan 12, 2017 • 104 Comments “Capital flight” takes on a bitterly ironic meaning.
Fed Pays Banks $12 Billion on “Excess Reserves,” Taken from Taxpayer Pockets by Wolf Richter • Jan 11, 2017 • 60 Comments The circuitous hidden wonders of paying interest on “excess reserves.”
Boeing: Three More Waves of Layoffs in 2017, as Orders Collapse to 7-Year Low. Shares Near All-Time High by Wolf Richter • Jan 10, 2017 • 43 Comments That Great Global Economy.
What’s Going on with the Banks? Citi Cuts Goldman to “Sell,” after Goldman Cut Citi to “Neutral” by Wolf Richter • Jan 10, 2017 • 18 Comments Circular firing squad? But bank stocks have soared for three months.
Get Ready for China’s Hot New Export Product: Inflation by Wolf Richter • Jan 10, 2017 • 82 Comments Coming soon to a store near you.
What 1 Million US Jobs? Dreading a Trade War, China Sends Alibaba’s Jack Ma to Trump for some Fence Mending by Wolf Richter • Jan 9, 2017 • 71 Comments Carrot and Stick. Now a friendly chat among billionaires who presumably see eye-to-eye.