West-Coast Port Fiasco Does ‘Permanent, Irrevocable Damage’ by Wolf Richter • Mar 6, 2015 • 14 Comments Both sides hold gun to nation’s head. Gun backfires.
“Default Monday”: Oil & Gas Companies Face Their Creditors by Wolf Richter • Mar 5, 2015 • 14 Comments It has started: “restructuring” and “bankruptcy” suddenly the operative terms.
In Search of Cheap Labor in Tech: Behind the H1-B Visa Scenes by Wolf Richter • Feb 5, 2015 • 49 Comments “They’re bringing in people with a couple of years’ experience to replace us, and we have to train them.”
How Long Can Central Banks Push Bonds to Absurdity? by Wolf Richter • Feb 4, 2015 • 14 Comments Throw enough money at anything, and you’ll kill it.
Immensely Concentrated Positions in “Fantastically” Overpriced Markets with “Unlimited Tolerance for Risk” by Wolf Richter • Feb 3, 2015 • 8 Comments What could go wrong? Hedge-Fund guru Paul Singer explains why they’re all doing it: a “wish not to be run over.”
Hounded by Evil Dollar & Collapsed Commodity Prices, Corporate America Clamors for Total Currency War by Wolf Richter • Jan 28, 2015 • 9 Comments Financial engineering can only do so much.
Junk-Bond Bubble Implodes Beyond Energy, Deals Scuttled, Yields Soar, Suddenly “Insufficient Demand” by Wolf Richter • Jan 27, 2015 • 12 Comments A sense of unwelcome reality hits non-energy junk-rated companies.
Debt and Fracking at Low Oil & Gas Prices: Wave of Defaults, “Outright Liquidations” Next by Wolf Richter • Jan 25, 2015 • 3 Comments Time and money are running out for junk-rated energy companies.
Billionaire’s Dream: Uber’s New American Economy by Larry Kummer • Jan 23, 2015 • 14 Comments Who gets the crumbs in the ironically named “sharing economy”?
Why the Great American Oil Bust Will Be Long & Painful by Wolf Richter • Jan 22, 2015 • 11 Comments BHP Billiton, perhaps unwittingly, explains the irony: despite oil glut, collapsed prices, layoffs… US oil production will continue to soar.
