These Large Companies, Still Using Unpatched or Bootleg Windows, Got Hit by Petya Ransomware Attack by Wolf Richter • Jun 27, 2017 • 75 Comments Even after all the WannaCry hoopla in May. US companies too!
China Suffers “Delusion” like 1980s Japan, Faces Long Stagnation by Wolf Richter • Jun 27, 2017 • 74 Comments Sudden Financial Meltdown is “less likely.”
“Mortgage Demand Cools”: Fannie Mae by Wolf Richter • Jun 26, 2017 • 111 Comments Home prices are “weighing on affordability and constraining sales.”
The Fate of the 2 Shuttered Macy’s Stores in San Francisco by Wolf Richter • Jun 26, 2017 • 83 Comments The collapse of brick-and-mortar retail becomes a real-estate question.
Haunting Photos of Shuttered Stores on Madison Avenue by Wolf Richter • Jun 24, 2017 • 143 Comments Brick & Mortar Meltdown reaches “Crown Jewel in American retailing.”
Two Italian Zombie Banks Toppled Friday Night by Wolf Richter • Jun 23, 2017 • 75 Comments ECB Shuts Down Veneto Banca and Banca Popolare di Vicenza.
Credit-Card Debt Slaves Move to Top of Fed’s Bank Worries by Wolf Richter • Jun 23, 2017 • 115 Comments Projected losses at the top 34 banks in a “severely adverse scenario.”
Sears Canada Melts Down by Wolf Richter • Jun 22, 2017 • 42 Comments Goes Bankrupt. Lays Off 2,900 People. Shareholders rue the day.
Rising Wages Scare the Fed: “We Need to Get on with This” by Wolf Richter • Jun 21, 2017 • 99 Comments QE-Unwind may start in September.
Is Amazon Eating UPS’s lunch? by Wolf Richter • Jun 21, 2017 • 89 Comments You’d think Amazon’s surging sales would be a boost for UPS. But no.
