Podcast: One way to cheaper groceries

Plus great weekend reads from Businessweek ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Welcome to the Saturday edition of Businessweek Daily, featuring the Everybody’s Business podcast. Let us know what you think by emailing the editor. If this newsletter was forwarded to you, click here to sign up. Rising inflation, a flat job market, soaring fuel prices and collateral damage from President Donald Trump’s trade war have put affordability at the center of the US political conversation. A CNN poll published this month found 73% of Americans rate economic conditions poorly, with 61% saying they’ve modified their grocery store purchases as a result. Food prices were a big issue in New York City Mayor Zohran Mamdani’s election campaign and directly tied to one of his signature policies: a plan to open city-owned grocery stores. Critics, including billionaire hedge fund manager Bill Ackman, attacked the idea as bound to fail. (“Imagine if every NYC supermarket were run like the Motor Vehicle Bureau,” Ackman wrote on social media last June.) But as novel as the idea may seem, you don’t have to use your imagination to picture what it will look like. This week on the Everybody’s Business podcast from Bloomberg Businessweek, Azalea Fresh Market Chief Executive Officer Paul Nair and General Manager Jada Marai discuss their popular city-backed grocery store in Atlanta. Plus, host Max Chafkin speaks with filmmaker Matt Zien about the line between artificial intelligence slop and AI art. Listen and subscribe on Apple, Spotify, iHeart and the Bloomberg Terminal. Everybody's Business A New Way to Lower Grocery Bills More Weekend Reads Illustration: Hunter French for Bloomberg Businessweek Why Spirit Airlines failed: The budget airline lost its profit engine and made a badly timed merger bid. Expedia CEO Ariane Gorin is keeping a “close eye” on geopolitics but sees mostly clear skies ahead for travel. How Barnes & Noble became private equity’s most radical retail experiment. What it takes to get a job at Anthropic. Hint: Don’t neglect the culture interview. AI unleashes a $42 billion wealth bonanza for Korean chip factory workers. Finding a summer internship in the age of AI can be a nightmare. Swicy, swangy, swavory: Why the food industry is obsessed with gimmicky flavors. The surge in demand for honey could help turn around the US bee industry — if it can keep up. As painful as food prices have been, there’s reason to believe it’s only going to get worse from here. The used-car dealer of last resort: Big markups and double-digit interest rates are the bedrock of Byrider’s business model. Students in racially diverse MBA and law classes earn higher starting salaries. Weekend Essay: Brexit did more than pull Britain out of Europe. It showed that no democracy was immune to populist nationalism. With a resolution to the war in Iran on the horizon, potential US plans for Cuba are coming into sharper focus. Pathogens love a crowd, and this summer already has the feel of a horror movie’s opening act — with the World Cup yet to come. The takedown of a large fake-autograph operation has sports collectors wondering who and what are trustworthy anymore. Millions of people are turning to prediction websites like Kalshi and Polymarket, but can they really be trusted to get things right? Fintechs Revolut, Nubank and Wise are among the overseas firms competing for American consumers’ dollars. It’s such a mess shopping for reasonably priced menswear. Here are some quality brands. Warren Buffett’s shareholder letters make a surprisingly great book. Odd Lots: Brendan Greeley on the Real 500-Year History of the Dollar Play Alphadots! Our daily word puzzle with a plot twist. Today’s clue: You go there just for kicks? Play now! We’re improving your newsletter experience and we’d love your feedback. If something looks off, help us fine-tune your experience by reporting it here. Follow Us You received this message because you are subscribed to Bloomberg’s Businessweek Daily newsletter. If a friend forwarded you this message, sign up here to get it in your inbox. Unsubscribe Bloomberg.com Contact Us Bloomberg L.P. 731 Lexington Avenue New York, NY 10022 |