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US-Coal-mining-jobs-2020-07-28

by Wolf Richter • Jul 28, 2020 • 0 Comments

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FRONT PAGE

How It’ll Take Years to Clean Up the Office CRE Mess, with Losses Spread Far and Wide

by Wolf Richter • Apr 24, 2024

The Manhattan office tower Blackstone had bought for $605 million in 2014 and walked away from 2 years ago finally changed hands for $200 million, which paves the way for a complex new beginning.

Prices of New Houses v. Existing Houses: Why New-House Sales Held Up as Existing-House Sales Plunged

by Wolf Richter • Apr 23, 2024

Here’s why: New house prices -18% from peak, back to Nov 2021, further sweetened by mortgage-rate buydowns.

Brick-and-Mortar Meltdown Fells Express. Simon Property & Brookfield, to Avert Vacant Stores and Bad Leases at their Malls, to Buy the Brands and 435 Stores out of Bankruptcy

by Wolf Richter • Apr 22, 2024

This Has Been Years in the Making.

Nvidia, Supermicro Make Huge Mess of AI-Semiconductor Mania, Netflix Plunges, Big Tech Follows

by Wolf Richter • Apr 19, 2024

Nasdaq fell 2.05%, back to where it had been in September 2021. We have some new WTF Charts of the Year.

Fed’s Liabilities and QT: as ON RRPs Plunge toward Zero, Operating Losses Begin to Decline

by Wolf Richter • Apr 19, 2024

After ON RRPs go to zero, reserves will decline, further reducing the Fed’s interest expenses and losses. But it’s not straightforward.