JPMorgan sees $4,500 gold price in fourth quarter, says risks to downside
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Record beef imports are flooding the U.S. — so why is your Fourth of July BBQ so expensive?
Beef prices are sizzling and Washington’s recipe for high costs — import more meat — only grills your wallet.
How a Major Grocery Store Chain Can Dramatically Lower the Cost of Food
A conversation with Aldi’s US CCO Scott Patton.
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Odd Lots: How Aldi Strategizes to Lower Grocery Costs (Podcast)
In June, grocery giant Aldi opened a store just off of Times Square in Manhattan. It’s the company’s first location in Midtown and, according to their US Chief Commercial Officer Scott Patton, Aldi has to orchestrate a “logistical symphony” to get groceries into the middle of one of the busiest places in America. For instance, they use shorter trucks to navigate the tight corners of New York City streets. On this episode, we speak with Patton about what it took to open this specific Aldi and why
Japan’s 2026 Wage Talks Result in Third Year of Gains Above 5%
Japan’s annual wage negotiations concluded with average pay gains topping 5% for a third year, underscoring the economy’s resilience and reinforcing the Bank of Japan’s stance to keep raising interest rates.
France’s Lescure Wants 2027 Budget That Brings Deficit Below 5%
French Finance Minister Roland Lescure said he will push for a finance bill for next year that brings a further improvement in public finances, and expects parliament “most likely” will allow a budget to pass.
Yen Isn’t Behaving Like a G10 Currency, Mizuho Says
Jordan Rochester, Mizuho FICC strategy EMEA head, discusses sharp moves in the yen. “From all the frameworks, dollar-yen should be lower,” he tells Bloomberg Television. He adds there has been a change in behaviors in the Japanese space and the yen is not behaving like a G10 currency. “It trades like an EM in terms of its correlation to rates,” Rochester says. (Source: Bloomberg)