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Prepare for the coming wealth transfer...

These cities are where millennials are struggling to make ends meet and can't cover expenses...

 “When you have simultaneous excess leverage at both the franchisor and franchisee, that results in additional risk, and potentially unintended consequences.”

Obiang's run-ins with Swiss authorities as a result of a corruption probe have not stopped him from flaunting his latest prized possessions and adventures on his Instagram account...
 

Make no mistake: taxing the rich is only a speed bump on the road to higher taxes for everyone. The only way to avoid higher taxes is to stop enabling Democrats by raising taxes every time Democrats yell “Boo!”

This year, 68 percent of people in the U.S. are planning to celebrate and as well as having a headache on Friday morning, most revellers will have a lighter wallet.

The Fed's most-watched inflation signals - core PCE deflator - slowed YoY, as real personal spending began to re-accelerate...

"Still, investors want to know when a storm is brewing in the economy and markets and how they should prepare for it."

“We’re talking about the bag tax, a progressive tax, a rain tax, a mileage tax, a TV tax, a beer and tobacco tax, a farm tax, a parking tax, a car trade-in tax..."

“Yes, that may lead to a small environmental impact, but it will have terrible social consequences.”

...pending home sales increased 6.3% in September from a year earlier on an unadjusted basis, the biggest gain since August 2015.

For the 17th month in a row - the longest streak since 2008 - US home price growth (in 20 major cities) has been unable to re-accelerate.

The mall has only been open for about 24 hours and has already managed to piss off a handful of commuters...

..."more consumers than usual" are now defaulting within the first few months of borrowing.

The opening comes after nearly two decades of planning, setbacks and skepticism. Still, the mall is slated to crush nearby retail competition...
 

"...this generation, the 13th since the American Revolution, is doing worse than the generation that came before..."

The "alternative asset" market seems to still be in a boom, judging by the bid for one rare bottle of Scotch whisky. 

The US ranks right in the middle of the pack, with a C+ rating...

In this disintegrative phase, people are increasingly indignant if their magical-thinking "solution" is challenged...

Much of what we truly value is at risk...