The Supermarket Merger Has Reached The Customer-Is-Not-You Stage
Albertsons wants more than $8 billion over its failed Kroger deal. The shareholder premium, unlike cheaper groceries, comes with a very precise number.
Read More →Jesse Hubbard
Jesse Hubbard writes about corporate power, political money, and the remarkable generosity of businesses spending somebody else’s cash. The focus is the gap between boardroom promises and the public bill. His idea of a love letter is an annotated expense report.
The Safe Asset Has Acquired Some Exciting New Risks
If the financial system’s safety equipment is becoming a playground for leveraged trading, the public deserves more than admiration for the technique.
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China's Economy Is Doing Great. Could Someone Tell The People In It?
Export growth is real. So is the absurdity of treating household security as optional until the economy needs shoppers.
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Wall Street Discovers A Heart. It Pays A Dividend.
Investors see potential upside in reversing healthcare cuts. Patients should not need a stock-market endorsement to matter.
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New Zealand’s Health System Is Improving. Please Remain Unwell Until Called.
A minister’s reassuring numbers are no substitute for enough people to provide the care.
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