Wolf Richter

Hewlett-Packard Reports a Miracle

After 11 straight quarters of declining sales, they tick up for the wrong reason, and net profit plunges nearly 30%. But no problem. “I’m very pleased with the progress we’ve made,” bragged CEO Meg Whitman.

Producer Prices Spike in Japan

‘Inflation without Compensation’ to whack struggling households as price pressures build deep into pipeline.