via CNBC: Nonbank lenders, often called “shadow banks,” now have $52 trillion in assets, a 75% increase since the financial crisis ended. The industry was at the center of the financial crisis when the subprime mortgage market collapsed. Industry …
By Irina Slav Canada’s oil and gas industry could shed another 12,500 and more jobs this year, which would bring the total job losses over the past five years to 23 percent of the 2014 total, which stood at 226,500. These …
by wowwaowow I don’t understand how people think TPTB dont include the animal agriculture industry. The #1 predictor of disease is diet/lifestyle. dont be fooled into thinking the disproportionate rates of chronic disease in the US is anything but design. …
The Climate Change Business Journal has calculated that global warming is now a $1.5 trillion a year industry. The Business Journal’s report is not available for free online, but its findings are reviewed by the Insurance Journal. They are eye-opening, …
People who work in sports, transportation, and energy appear most likely to splurge while inebriated. What are they buying? Clothes, shoes, movies and electronic devices top the list. Drunk shoppers are using Amazon to shop almost exclusively. A whopping 85 …
via Money: Drivers in the United States railing against the wild driving habits of teenagers may have to find another target for their road rage after the release of a new survey indicating that over the last three decades a smaller proportion …
by jaykewww Tool: Datawrapper Source: Bloomberg Billionaires Index
By Nick Cunningham The oil industry is starting to feel the pressure of climate change. Oil executives, by and large, have not been swayed to change their business practices despite years of warnings about the climate crisis. However, they are …
Layoffs and closures — the beginnings of a major shakeout. By Adam H. Williams, Senior Associate at E911-LBS, LBSglobe.com, for WOLF STREET: Video games have become the largest entertainment industry worldwide by revenue: $138 billion in 2018 – beating TV ($105 billion), film …
BY SRSROCCO There’s been a hidden decline in the global gold mining industry unrecognized by most investors. It’s an insidious and mysterious decay that has plagued the industry for many years. Unfortunately, investors can’t see what’s taking place in the …
BY SRSROCCO The insanity continues in the United States second largest shale oil field as the fundamental economics go from bad to worse. While it is true that the shale industry doesn’t look as dire as it did back in …
Paypal CEO: Shouldn’t expect Venmo to be profitable in next one, two quarters from CNBC. https://www.cnbc.com/2019/02/19/digital-payments-could-grow-into-a-100-trillion-market-paypal-ceo.html We live in the space of digital commerce and digital commerce is exploding still around the world,” PayPal CEO Dan Schulman says. “I think …
Exchange-traded funds have been hailed for their accessibility, transparency, and, above all, low costs. But the way in which investors are actually able to buy and sell ETFs—and at what cost—runs counter to their promises. Even the word the industry …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Auto makers will face the loss of control over core technologies and the commodification of vehicles they market (11 minutes). Pent-up demand for high-priced luxury cars in the era of Carmageddon is a tricky thing, especially …
BY SRSROCCO The second largest copper mining company in the world saw its stock price plummet by nearly 15% today due to poor earnings. Freeport-McMoRan’s fourth-quarter net income fell nearly 90% compared to the same period last year. The large …
by Sabremesh All clinical trials of pharmaceutical products should be pre-registered, and the results should always be released. The prevalence of deliberate non-disclosure means that data which shows adverse side-effects is simply being swept under the carpet. The World Health Organization …
by OB1_kenobi Funny how there has to be a 50 year time period before stuff like this can be admitted. Also makes you wonder what we’ll be learning about 50 years from now. via NPR: In the 1960s, the sugar industry …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But average transaction prices rise to record highs. In terms of new-vehicle sales in the US, 2018 was the third relentless down-year in a row for three of the four biggest automakers, GM, Ford, and Toyota. …
by panchilly Smart phones are about 10 years behind desktop computers in terms of performance. Remember the first iphone in 2007? It was ~300mhz which was the speed of a pentium2 top-of-the-line desktop computer in 1997. If you …
BY SRSROCCO There is no better way to describe what is currently taking place in the U.S. Shale Oil Industry, then a bloodbath. Unfortunately, if the situation wasn’t bad enough for the shale oil industry when prices were 30-40% higher, today …
by RoganReview Not sure why this isn’t mentioned more here but I just wanted to see what you all think. When I was growing up there was never this kind of prescription pill abuse in music and it seems pretty …
The demand for cannabis has exploded in Canada following legalization this October—and so has the demand for real estate to grow sufficient crops. According to Bloomberg, new marijuana facilities—including greenhouses, indoor grow-ops and warehouses—are an added crunch on the country’s …
Robinhood, a digital brokerage firm, announced on Thursday it would offer no-fee checking and savings accounts alongside its brokerage accounts, with an enticing 3 percent annual interest rate. Brokerage firms often offer accounts for customers to hold cash until it …
by New_Life Tom Lee (who had originally predicted $25k by EOY) is tired of making BTC forecasts.. Funny that… https://www.cnbc.com/2018/12/13/wall-streets-bitcoin-bull-tom-lee-we-are-tired-of-people-asking-us-about-target-prices.html Even as recently as Oct he was saying $25k by EOY was on the table, sobering lesson that a so called …
BY ROBERT ROSS Last month was a bloodbath for stocks. The S&P 500 sat on a 9.4% gain for the year on October 1. By October 29, the index was down 1.1%—its worst month in seven years. But I found one group of stocks …
by Thinker Now that Sessions is out, maybe there is hope for the cannabis industry to make it a United States and not a divided one when it comes to laws, use, and cures of cannabis. Jeff Sessions…was he paid …
via visualcapitalist: A glance the leading industries in the U.S. reveals a few surprises – and less diversity than you might think. Today’s graphic from HowMuch.net uses data from GO Banking Rates and the U.S. Census Bureau to map out the most profitable industry in …
BY SRSROCCO While the U.S. Shale Industry produces a record amount of oil, it continues to be plagued by massive oil decline rates and debt. Moreover, even as the companies brag about lowering the break-even cost to produce shale oil, the industry …
Corporate financing is always an important subject. One badly managed corporation can bring down entire industries, and in some cases an economy. Fortress Biotech is a biopharmaceuticals company that has developed a new approach to corporate finance. Let’s take a …
via visualcapitalist: The record industry has seen a lot of change over the years. Vinyl gave way to 8-tracks, and cassettes faded away as compact discs took the world by storm, and through it all, the music industry saw its revenue …