Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid and tariffs on aluminum weighed on its profitability. Still, the brewer reiterated its forecast for fiscal 2026, showing confidence that it can hit its financial targets despite the weaker-than-expected quarterly performance and higher duties. Shares of the company […]
Constellation Brands (STZ) Q1 2026 earnings Read More »
An aerial view of Valley Health Hampshire Memorial Hospital on June 17, 2025 in Romney, W.V. Ricky Carioti | The Washington Post | Getty Images President Donald Trump‘s “big beautiful bill” would make sweeping changes to U.S. health care, leaving millions of vulnerable Americans without health insurance and threatening the hospitals and centers that provide
How Trump bill Medicaid cuts will impact U.S. health care Read More »
“If you don’t have AI, there’s nothing going on.” Those are Peter Thiel’s words in an interview with Ross Douthat for the podcast Interesting Times. To put it into context, Thiel is referring to something he calls the “stagnation hypothesis.” Thiel’s view is not unique—others such as Tyler Cowen and Robert Gordon have proposed something
Cans of Molson Coors Brewing Co. Miller Lite and Coors Light brand beer Daniel Acker | Bloomberg | Getty Images Americans may spend more on common barbeque items this Fourth of July with prices on products like beer, outdoor folding chairs and grill tools higher, according to a new congressional report. The total cost of
Fourth of July barbeque prices are rising, congressional analysis says Read More »
Yves here. Trump’s minions are in the process of re-writing, or perhaps more accurately, re-imaging US history so as to downplay and even eliminate the contributions made by members of out groups. It seems as if Team Trump thinks that DEI was so hugely successful that the American public needs to be deprogrammed…as if achievements
Trump’s Neo-Stalinist Pentagon Photo Purge Read More »
People move through Newark Liberty International Airport following a news conference by Transportation Secretary Sean Duffy at the airport, where he announced the reopening of a major runway at the airport, nearly two weeks ahead of schedule on June 2, 2025 in Newark, New Jersey. Spencer Platt | Getty Images Millions of travelers are expected
Airlines face investors after strong— but cheaper — July 4 holiday Read More »
It’s not just Mexico’s government that is calling for economic diversification away from the US; so, too, is its biggest business lobby. Until recently, the accepted wisdom in Mexico was that Mexico’s economy is simply too integrated with the US and Canada’s and too dependent on the US for it to be able to join
This Time It’s Official: Mexico Is Going to the BRICS Summit Read More »
U.S. Vice President Kamala Harris speaks on stage with Essence CEO Caroline Wanga at the Global Black Economic Forum during the 30th annual Essence Festival of Culture at the Ernest N. Morial Convention Center on July 6, 2024 in New Orleans, Louisiana. Michael Democker | Getty Images News | Getty Images In a year when
Essence Fest leads a summer of events for Black entrepreneurs Read More »
Yves here. Economists have much to answer for. This post describes (and IMHO is not even remotely critical enough) of how the World Bank and other powerful voices sold the canard to developing countries that opening themselves to “global value chains” as in multinationals and their foreign contractors, would provide a boost by improving wage
The retail industry is breathing a sigh of relief after it appeared to avoid the worst case scenario on Vietnam tariffs. But some executives believe the tentative trade deal President Donald Trump announced Wednesday is still bad for business and could have a chilling effect on consumer spending. “It’s a lot better news than where
How tariffs affect retail, Nike Read More »
