Wolf Richter with Adam Taggart on Thoughtful Money.
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The Data Mess. Markets, Interest Rates & Inflation and There’s Still No Recession; Risks of Financialization & Overleverage
Climate Crisis
Switching The World To Renewable Energy Will Cost $62 Trillion, But The Payback Would Take Just 6 Years
Mark Jacobson and his colleagues at Stanford University have published a new study in the journal Energy & Environmental Science that claims 145 of the world’s nations could switch to 100% renewable energy in a few years […]
Finance
Corporate Pricing Power and Therefore Inflation Not Vanquished, Says Renewed Spike in Corporate Profits in Most Industries
By Wolf Richter for WOLF STREET. How corporate profits spiked during the inflation-shock of 2021 and 2022 was amazing to watch: The pricing power companies suddenly had to hike prices and pump up profits because their customers were […]
Finance
Consumers Price Index Holds Steady In July The Daily Financial Trends
The Consumer Price Index was unchanged in July, due to a precipitous drop in the price of gasoline, in a small sign of hope the Federal Reserve may begin softening its highly aggressive policy position […]