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FRONT PAGE

The Eyepopping Factory Construction Boom in the US

by Wolf Richter • Dec 2, 2023

The supply-chain catastrophe in 2020-2021, the edgy US-China relationship, and the scary dependence on China triggered a big corporate rethink.

Oh Deary, No, Our Drunken Sailors Did Not Suddenly Sober Up, on the Contrary

by Wolf Richter • Dec 1, 2023

They Out-Spent and Out-Earned inflation without breaking a sweat, and saved some too.

Beneath the Skin of the PCE Price Index: Inflation in Services

by Wolf Richter • Nov 30, 2023

Gasoline plunged, durable goods fell. Inflation still hot in housing, insurance, healthcare, transportation (incl. auto services). Food inflation simmers.

“Unrealized Losses” on Securities Held by Banks Jump by 22% to $684 Billion in Q3, Oh Lordy

by Wolf Richter • Nov 30, 2023

They don’t matter until they suddenly do.

Interest Payments on the Ballooning Federal Debt vs. Tax Receipts & GDP: Not as Bad as in 1982-1997, but Getting There

by Wolf Richter • Nov 29, 2023

Our drunken sailors in Congress better head to the detox.