Fuel price cap drives China to a halt
THE use of old-fashioned price controls to fight inflation is causing road chaos in some parts of China as speculators hoard fuel and refineries send their product overseas.
Fuel hoarding is so 1970s, but then again so are old-fashioned price controls to fight inflation.
ICE: Mortgage Delinquency Rate Increased Year-over-year in October
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From ICE: ICE First Look at Mortgage Performance: Serious delinquencies hit
17-month high while foreclosure activity remains historically muted
• At 3.45% ...
2 hours ago
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