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HomeFinance

Finance

San Francisco
Finance

As Tech Jobs Plunge in San Francisco & Silicon Valley, Housing Reacts: Condo Prices Drop Back to 2015, Single-Family Home Prices Back to 2018

May 21, 2025 Stu Turley

The massive 10-year home-price spike to 2022 was more than the economy could bear and has done a lot of damage, including to employment, as we can see. By Wolf Richter for WOLF STREET. Highly paid jobs in […]

Credit Cards
Finance

Credit Card Delinquencies, Balances, Debt-to-Income, and Credit Limits in Q1 2025: Our Drunken Sailors & their Credit Cards

May 20, 2025 Stu Turley

With the free money gone, the hangover is getting worked off. By Wolf Richter for WOLF STREET. The 30-day-plus delinquency rate on credit cards issued by all commercial banks declined to 3.05% in Q1 seasonally adjusted, the third […]

Yen
Finance

Japan’s 30-Year and 40-Year Bonds Crater, Yields Spike, Huge Mess Coming Home to Roost. Yen Carry Trade at Risk

May 20, 2025 Mariel Alumit

The BOJ’s QT, inflation that’s higher than in the US, an atrocious fiscal mess, a devalued yen, it all comes together. By Wolf Richter for WOLF STREET. Japan, which now has substantially more inflation than the US – […]

AI

UK goes Bonkers on Green Energy

May 19, 2025 Andy Del Prado

Daily Standup Top Stories Britain’s Plan to Retrain Oil and Gas Workers for Clean Energy Jobs May 18, 2025 Clark Savage ENB Pub Note: The following is an interesting article from Felicity Bradstock on Oilprice.com. Britain’s […]

China’s LNG imports
Finance

China’s LNG imports continue to decrease

May 19, 2025 Mariel Alumit

Data from the General Administration of Customs shows that the country received 4.64 million tonnes last month. This compares to 6.22 million tonnes in April 2024. During January-April, China imported 20.06 million tonnes of LNG, […]

LNG terminal
Finance

South Korean LNG terminal secures $815 million loan

May 19, 2025 Mariel Alumit

BS Hanyang said in a statement that Shinhan Bank led the project financing loan, which was supported by nine other financial institutions. This is the largest-ever project finacing deal under Korea’s regional vitalization fund and […]

Housing Markets
Finance

The Most Splendid Housing Bubbles in America, April 2025: The Price Drops & Gains in 33 of the Largest Housing Markets

May 18, 2025 Stu Turley

National year-over-year price gain shrinks to 0.7%. Now 18 of 33 metros have YoY price drops: San Diego, Austin, Tampa, Miami, San Francisco, San Antonio, Dallas, Phoenix, Orlando, Atlanta, Denver, Raleigh, Houston, Birmingham, Charlotte… YoY […]

projects
ENB Pub Note

The UK’s Green Energy Transition Faces Critical Slowdown Amid Growing Concerns

May 18, 2025 Clark Savage

ENB Pub Note: This is yet another story from the UK that we will be covering on the Energy News Beat daily stand-up tomorrow. It is no longer a conspiracy that the green energy movement […]

UK oil
Big Oil Companies

Britain’s Plan to Retrain Oil and Gas Workers for Clean Energy Jobs

May 18, 2025 Clark Savage

ENB Pub Note: The following is an interesting article from Felicity Bradstock on Oilprice.com. Britain’s plan to create thousands of clean energy jobs for the oil and gas workers is an example of what won’t […]

Finance

Foreign Investors Loaded Up on Treasury Securities in March Despite all the Turmoil in the Media

May 17, 2025 Stu Turley

And in April, their purchases of long-term securities at Treasury auctions increased. By Wolf Richter for WOLF STREET. Buying US Treasury securities was all the rage among foreign investors in March, despite whatever turmoil there was in the […]

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