AI-Spending War and AI-Debt Pile-Up Could Squeeze Share Buybacks by Wolf Richter • Nov 24, 2025 • 37 Comments Apple, Alphabet, Microsoft, Oracle, Meta, and Nvidia spent $1.1 trillion on share buybacks in 5 years to pump up their shares. That’s at risk.
The 14 Bigger Cities & Counties with the Biggest Price Declines of Single-Family Homes (-10% to -25%) from Peak to October by Wolf Richter • Nov 23, 2025 • 36 Comments Oakland, Austin, New Orleans, Manhattan, Lee County (Cape Coral, Fort Myers), Sarasota County, San Francisco, Birmingham, Washington DC, Denver, Phoenix, Contra Costa County…
Credit Card Delinquencies, Balances, Burden, Credit Limits, and Collections in Q3 2025 by Wolf Richter • Nov 21, 2025 • 75 Comments Despite all moaning and groaning and sour feelings in consumer land, credit card delinquency rates improved further.
Federal Government Job Cuts Still Hitting Employment Data: The Labor Market by Major Industry in Charts by Wolf Richter • Nov 20, 2025 • 36 Comments Federal and state governments cut 122,000 employees this year through September. But other industries hired.
The 24 Bigger Cities where Condo Prices Have Dropped by 12% to 29% through October by Wolf Richter • Nov 19, 2025 • 46 Comments The Condo Bust deepens and spreads to more cities, unwinding some mindboggling Condo Bubbles.
Treasury Market Scuttles Hope for December Rate Cut, Doubts January Cut, after Hawkish Fed Minutes by Wolf Richter • Nov 19, 2025 • 31 Comments “Many participants suggested that … it would likely be appropriate to keep the target range unchanged for the rest of the year.”
Social Security Fiscal Year 2025: Trust Fund Balance, Income, Outgo, Deficit, and Interest Rates by Wolf Richter • Nov 18, 2025 • 83 Comments The deficit doubled, as benefit payments spiked in part due to the expansion of Social Security, while income rose only slowly.
Another Sign that a Major Rethink of the Size of the Fed’s Balance Sheet Is Gaining Momentum by Wolf Richter • Nov 17, 2025 • 103 Comments Warsh, on the shortlist for Fed Chair, advocates for more QT, a smaller balance sheet, and lower short-term rates, in sync with Bessent.
Construction Spending on Data Centers, Factories, Powerplants, and Office Buildings: Boom at One End, Bust at the Other End by Wolf Richter • Nov 17, 2025 • 62 Comments But spending on factories dwarfs spending on data centers.
THANK YOU 💖 for Your Wonderful Support of WOLF STREET!!! And if You Missed the Fall Reminder: Please Donate by Wolf Richter • Nov 16, 2025 • 11 Comments Your support keeps Wolf Street open to all, not hidden behind a paywall, to reach the largest audience possible.
