“Brazil Just Getting Worse and Worse” by Wolf Richter • May 14, 2015 • 20 Comments Even the IMF becomes a doom-and-gloomer on Brazil.
Coal Company Bites the Dust, Again by Nick Cunningham • May 13, 2015 • Comments Off on Coal Company Bites the Dust, Again Another casualty in energy’s hardest-hit sector. But this one was set up to fail.
Why the Heck Is the Trucking Business Slowing Down? by Wolf Richter • May 13, 2015 • 32 Comments I was forewarned. A trucker told me in April. Now the industry numbers came out.
AOL, the Sound of the World Wide Wait by Wolf Richter • May 12, 2015 • 3 Comments Verizon buys AOL, which died 15 years ago. So here’s a trip down memory lane.
Saudi Arabia, Russia in No Mood to Cave to US Fracking Boom by Wolf Richter • May 12, 2015 • 16 Comments Their oil production sets records, US drillers aren’t backing off either, glut gets worse.
China Downturn Hits US Automakers by Wolf Richter • May 12, 2015 • 8 Comments When the People’s Bank of China spoke of “big downward pressure,” it wasn’t kidding.
How Soaring Housing Costs Impoverish a Whole Generation and Maul the Real Economy by Wolf Richter • May 11, 2015 • 27 Comments How many years does it take to save up for a down payment in these US cities? Are you sitting down?
Why It’s Time to Be Cautious in the Oil & Gas Sector by Wolf Richter • May 10, 2015 • 3 Comments Even the big names in the sector are running into trouble.
Spanish Construction Giant Reels From Mexican Hangover by Don Quijones • May 10, 2015 • 4 Comments Shares plunged 22%. The company denied all allegations, called the recordings “industrial espionage.” But wait…
Schäuble Warns of “Sudden” Greek Default by Wolf Richter • May 9, 2015 • 12 Comments He refused to nail down a day. But Germany is ready.