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Interest expenses at big US banks are rising much more quickly than interest income. Across the six largest US banks, interest expenses are set to climb to roughly $78.7 billion from $15.5 billion in the same period last year

00:01 - 18/07/22

The average price of a used Tesla continues to hit new all-time lows and is now $24k lower than its peak just a year ago

AI-Related Stocks Drove Virtually All S&P 500 Returns This Year SPY

The "Dominant Currency Paradigm" gave devaluations a bad name, on the grounds that Dollar invoicing prevents any lift to exports. This just isn't true. The bigger and more permanent is devaluation, the bigger the lift to exports (lhs) and the bigger is import contraction (rhs)

Credit card loans 30+ days late to small banks recently hit 7.24% — an all-time high