The Kroger monopoly needs to be talked about more https://fortune.com/2024/02/26/ftc-...upermarket-chains-grocery-prices-lower-wages/ for the folks worried about inflation. It’s corporate greed. These rich turds need to be held accountable not get tax breaks
As part of the merger 186 stores in Oregon and Washington would have to be sold. https://www.koin.com/news/business/...g-186-oregon-washington-stores-list-07092024/
Something very similar happened when Albertsons and Safeway merged a few years back. The stores that were sold off quickly failed and were closed. This is what is going to happen again. We will be left with fewer stores and much higher prices.
Might have to. But that doesn’t fix main st and the dude with the $80k truck that’s bitchin’ bout groceries cuz of Brandon.
Stock market today: A wipeout on Wall Street sends the S&P 500 down by 2.3% as Big Tech skids STAN CHOE and ALEX VEIGA Wed, July 24, 2024 at 1:20 PM PDT 5 min read 49 FILE - The New York Stock Exchange is shown on June 18, 2024 in New York. (AP Photo/Peter Morgan, File) NEW YORK (AP) — A wipeout on Wednesday sent U.S. stock indexes to their worst losses since 2022 after profit reports from Tesla and Alphabet helped suck momentum from Wall Street’s frenzy around artificial-intelligence technology. The S&P 500 tumbled 2.3% for its fifth drop in the last six days. The Dow Jones Industrial Average dropped 504 points, or 1.2%, and the Nasdaq composite skidded 3.6%. The profit reports from Tesla and Alphabet weren't disasters, but they raised questions among investors about which other market heavyweights' springtime results could fall short of expectations, said Sam Stovall, chief investment strategist at CFRA. "How many disappointments are we likely to see? Maybe let’s sell first and ask questions later.”
This is good for the market. The bounce back is always juicier. Keep putting money in there. Buying low always pays off.
