Daytime Solar Power Glut in California, Rooftop Sales Plunge 90 Percent
Emily Hudson Demand for rooftop solar systems dries up in California after subsidies drop. 100 contractors go out of business.…
Unsold Tesla’s Pile Up in Mall Parking Lots, Big Discounts Likely
Tyler Mitchell Tesla is renting parking lots to store thousands of vehicles. This helps explain the mass layoffs. Tesla Cranking…
The EU Taxes Vehicles from China that its Own Companies Make
One wonders how idiotic tariff policy can get. Competition is stiff between Biden, the EU, and Trump. German…
Ukraine Ditches Pricey US Drones, Goes for Affordable Chinese Options Instead
Drones from American startups are glitchy and expensive prompting Ukraine to turn to alternatives from China. The Wall…
What Happened to the Biden Surge After Trump Was Convicted?
Was there a surge? Or was it a mirage? A few polls showed slight improvement for Biden immediately…
New Home Sales Rise 8.8 Percent After 3.8 Percent Negative Revision
The Census Bureau revised February seasonally adjusted annualized sales from 662,000 to 637,000 and reports March at 693,000.…
The Price of Chocolate is Skyrocketing, Cocoa Futures Hit Record High
Like Chocolate? Who doesn’t? But expect to pay more. There’s two reasons, and one reason will spread to…
The Producer Price Index Unexpectedly Declines in May
The producer price index (PPI) was not just soft in May, it went negative for the month, 0.3…
Having Trouble Sleeping? Can You Afford a New Mattress?
Protectionists want 745% tariffs on mattresses. Prepare to pay much more despite having the highest prices in the…
Bonds Yields Jump Again Wiping Out the May Treasury Rally
It’s been a tough year for US Treasury bulls. The rally that began in late April on hopes…