Tesla Discloses Worst Quarterly Zinger of a Loss Ever, Burns $1.1 Billion Cash by Wolf Richter • May 2, 2018 • 106 Comments Not The Boring Company, but The Hopeless Company.
Wow that’s Fast: Mortgage Rates Jump to 2011 Levels by Wolf Richter • May 2, 2018 • 104 Comments What will Housing Bubble 2 do when mortgage rates hit 6%?
Uber Loses Share to Lyft. Both Crush Rental Cars and Taxis by Wolf Richter • Apr 30, 2018 • 94 Comments War in business ground transportation. But tipping is not popular.
Rate Hike Ammo by Wolf Richter • Apr 30, 2018 • 61 Comments Fed’s favorite inflation gauge spikes, consumer spending holds up solidly.
Fight for Deposits Erupts among Banks, with Winners & Losers by Wolf Richter • Apr 29, 2018 • 52 Comments But it’s a godsend for savers.
I Asked my Wells Fargo Branch about CDs with Higher Interest Rates. This is What Happened Next by Wolf Richter • Apr 27, 2018 • 96 Comments Competition for cash returns for the first time in 9 years, and banks hate it.
Employment Costs Surge Most since 2008, Fed Raises Eyebrow by Wolf Richter • Apr 27, 2018 • 47 Comments Salaries, wages, benefits: a combustible fuel for the Fed’s tightening machine.
And the US Dollar? by Wolf Richter • Apr 26, 2018 • 66 Comments Fed’s relentless rate hikes and accelerating QE unwind take effect.
Carmageddon for Cars: “Cars” Are Scheduled to Die by Wolf Richter • Apr 25, 2018 • 145 Comments The end of an era in the US Auto industry — until $7 gas arrives.
What Will these Mortgage Rates Do to Housing Bubble 2? by Wolf Richter • Apr 25, 2018 • 129 Comments 4.73% now. 5% in a few weeks. Then 6%.
