Trans-Pacific Shipping Rates Plunge 75% As US Retail Demand Falters
By Tyler Durden The problem with price inflation is that it often makes it impossible to track the true health of consumer demand. For example,…
By Tyler Durden The problem with price inflation is that it often makes it impossible to track the true health of consumer demand. For example,…
By Tyler Durden As natural gas and electricity prices soar, many European households turn to firewood, a move to offset higher energy costs as the…
By Tyler Durden As a result of the Fed’s relentless tightening blitz, which on November 2 will have hiked rates by 75bps on four occasions…
By Tyler Durden Shares in PayPal are off more than 6% (or around $5BN in market cap) in early Monday trading after a massive internet…
By Tyler Durden Early Monday morning, alleged hackers from ‘within the Russian Federation’ unleashed cyberattacks on websites of major US airports, according to ABC News, citing…
By Tyler Durden With the 30-year mortgage now (un)comfortably into 7% territory, the US housing market is already suffering the “sharpest turn since the 2008…
By Tyler Durden People in England, Scotland and Wales could be in for three hour power cuts this winter if it can’t import enough gas…
By Tyler Durden Back in January, in what was a rare showing of consensus on a global security topic, the United States, Russia, China, the…
By Tyler Durden One central theme that comes to mind is the impact of higher natural gas prices and, by extension, power prices. Americans will…
By Tyler Durden Last-mile delivery drivers (like ones working for Uber Eats) likely breathed a sigh of relief Thursday when they heard Amazon halted pilot…
By Tyler Durden Gallup conducts a annual poll to find out which high-profile federal agencies and departments have the highest favorability scores with the U.S. public. As Statista’s Katharina…
By Tyler Durden For those waking up expecting a calm and quiet morning — well — that’s not the case. There’s news that a major…
By Tyler Durden While it is traditionally viewed as a B-grade economic indicator, the August consumer credit report from the Federal Reserve was another shocker…
By Tyler Durden Poland temporarily suspended air quality controls so people can burn coal for heating homes through next April to ease the worst energy crisis in…