Author: Mish

Ford announced 7,000 salaried layoffs, only 800 in the US. But that is on top of 1,500 buyouts.

Every poll in Australia had the Labor party winning the national election. Instead, the Conservatives won.

Stories abound regarding who will win Trump’s trade war with China. Trump? China? Neither? Both?

Trump says he loves collecting tariffs. What he really means is he loves to collect taxes.

Fed Chair Jerome Powell is preaching economic nonsense regarding inflation. His worry is the US becomes Japan.

Tesla so badly needs cash that Musk will personally review and sign every tenth payment. The CFO will look at…

Illinois has its eyes on your pocketbook, again. This time: gas taxes, registration fees, Netflex, and Uber.

UK Labour Party Leader Jeremy Corbyn looks remarkably like the Chicago Cubs Manager. Let’s compare their profiles.

Trump does not want a trade war with the EU and China at the same time. In a cop-out, he…

The lie of the day: Skilled pilots could have prevented the two 737 Max crashes.