Google, Microsoft, Oracle et al. Gang Up on Amazon for $10Bn Pentagon Prize by Safehaven • Jul 1, 2018 • 20 Comments But they’re firing blanks.
US Dollar Hegemony Tripped Up by Chinese Renminbi? by Wolf Richter • Jul 1, 2018 • 73 Comments Um, no. Central banks not enthusiastic about the renminbi.
Despite Wave of Cyber Attacks, Banks in Mexico Double Down on Biometric Tracking of Customers by Don Quijones • Jun 30, 2018 • 12 Comments For hackers, biometric data is the Holy Grail. Now banks, including the ones that got hacked, will require it from their customers.
Update on the Rental Bubbles & Crashes in US Cities by Wolf Richter • Jun 29, 2018 • 64 Comments Rents in Southern California go nuts. Bay Area & Seattle “mixed.” Chicago & Honolulu in free-fall. New York City sharply lower. Washington DC loses grip. But rents soar 10-15% in many markets.
Is This Going to Crush Rents in Seattle? by Wolf Richter • Jun 28, 2018 • 56 Comments A phenomenal onslaught of the wrong kind of supply.
Corporate Brexodus Begins as “No-Deal” Brexit Looms by Don Quijones • Jun 28, 2018 • 31 Comments Potential for ugly consequences, intended or otherwise, is rising.
Walgreens Hit by Dropping Same-Store Sales, Amazon Effect, Offers $10 billion in Financial Engineering, Shares Plunge 10% by Wolf Richter • Jun 28, 2018 • 41 Comments Brick & Mortar Meltdown: Dog of the Dow on 3rd Day in the Dow.
Foreign Buyers Made Me Do It: Canada Reflects Back on its Housing Bubble by Stephen Punwasi • Jun 27, 2018 • 45 Comments A massive survey of recent homebuyers reveals all.
Beyond the Hysteria about Auto Tariffmageddon by Wolf Richter • Jun 27, 2018 • 84 Comments After decades of relentless offshoring, the equation may change for automakers and component makers.
