Defense Contractors on Cloud 9 by Wolf Richter • Sep 18, 2017 • 100 Comments The backdrop: Money. More than ever before.
Lawsuits Against Equifax Pile Up. But Where Are the Handcuffs? by Wolf Richter • Sep 17, 2017 • 57 Comments Short seller Carson Block victimized by Equifax hack, sues for $500,000.
Holy Moly, Now Wells Fargo Recommends a Credit Freeze in Equifax Hack by Wolf Richter • Sep 17, 2017 • 72 Comments Third largest US bank reaches out to its customers. A mass Credit Freeze would have a huge impact.
Catalonia’s Defiance of Spanish Authority Turns into Rebellion by Don Quijones • Sep 16, 2017 • 49 Comments “Do not underestimate the power of Spanish democracy.”
Equifax Sacks 2 Executives, Turns Devious to Stop You from Demanding a Credit Freeze by Wolf Richter • Sep 15, 2017 • 170 Comments They’re terrified a mass credit freeze (aka security freeze) will crush revenues.
What Headlines Got Wrong about Today’s Data Dump by Wolf Richter • Sep 15, 2017 • 48 Comments It actually wasn’t that lousy.
The 30 Metros in the US with the Highest and Lowest Incomes by Wolf Richter • Sep 14, 2017 • 56 Comments Breath-taking differences in a vast country.
The Chilling Fact “Record Median Household Income” is Hiding by Wolf Richter • Sep 14, 2017 • 68 Comments Which Households Got the Spoils? Not Many. Or Why Consumer Spending Has Been Dragging for Years.
The Crushing of Equifax by Wolf Richter • Sep 13, 2017 • 115 Comments Banks, credit card companies, and other Equifax customers squeal. Consumers (the product) squeal. Congress squeals. Investors squeal.
“You Should Take the Fed at Their Word” by Wolf Richter • Sep 13, 2017 • 73 Comments Flip-flopping killed its credibility. And that’ll be a problem for the markets.