Wines

Consumer

Will the Drink Industry’s Hangover Last Through 2025?

Photo by Paloma A. via Unsplash

In a 2023 Gallup survey, 62% of American adults under 35 said they drink alcohol, down from 72% twenty years earlier.

2 min read

Photo by Eva Rinaldi via CC BY-SA 2.0

Consumer

Pernod Ricard Dumps Most Wine Holdings as Grapes Sour

Paris-based Pernod Ricard announced Wednesday that it’s selling most of its wine portfolio to a consortium of Australian wine investors.

1 min read

Photo by Federal Reserve Board of Governors via Public Domain Mark 1.0

Inflation & Prices

The Fed Marches into a Murky New Era

Inflation is definitely looking like a “two-handle” problem. That’s investor-speak for a rate below 3% but above the Fed’s 2% target.

2 min read
Photo by Paolo V via CC BY 2.0

Consumer

Concert Tickets and Vacation Rentals Get Hit by FTC’s War on Junk Fees

Don’t get too excited for cheaper Taylor Swift tickets: The rules just force sellers to present all the extra fees upfront.

2 min read
Photo by Alexandros Michailidis via iStock

Healthcare

Pfizer Stock Surges as It Says Outlook Will Match Wall Street Expectations

Sometimes, markets don’t need breathless buzzwords to get excited. Sometimes, “marginally encouraging” will do. Ask Pfizer shareholders.

2 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.