Stuart Varney criticizes Vice President Kamala Harris for allegedly neglecting the inflationary effects of government spending, using the upcoming Kroger-Albertsons merger as an example to highlight his objections to her approach. He suggests that the merger could serve as a platform for exposing what he perceives as socialist policies of the current administration.
Positive
The Kroger-Albertsons merger could present a significant opportunity for investors, particularly if the merger strengthens Kroger's market position and revenue potential. However, there could also be short-term volatility during regulatory reviews and opposition from certain political sectors.
Oct 10, 2024, 2:49 PM
The Labor Department's latest consumer price index data showed that inflation continues to strain consumers' food budgets, with some items seeing notable price increases.
Sep 10, 2024, 5:02 AM
Federal regulators are trying to block Kroger’s merger with Albertsons. In a Portland suburb, residents already know what deteriorating access to fresh food looks like.
Sep 3, 2024, 11:02 AM
Government lawyers have cited internal business documents to question whether the deal would deplete competition in the grocery industry.