The Customer That Used to Lower Your Bill
For most of a decade, large data centers made electricity slightly cheaper for everyone else. That…
Category: Business
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The Bar That Is No Longer Allowed to Leave
Ghana now requires artisanal gold to be refined at home before export. The rule is straightforward…
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Fifty Percent on Hockey Sticks, and an Agreement That Is Still in Force
The tariff list covers hockey sticks, building materials, liquors and clothing. Read as economics it is…
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Thirty One Dollars a Share, in Cash, and What That Actually Means
Britain cleared Paramount Skydance’s purchase of Warner Bros. Discovery yesterday. Clearance is a list to complete…
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A Quota Is Permission to Sell Oil, Not a Way to Move It
OPEC+ raised August quotas by 188,000 barrels a day. Saudi Arabia and Russia took the same…
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Nobody Renewed It, and It Runs Until 2036 Anyway
The United States declined to extend the USMCA on Wednesday. The agreement remains fully in force…
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Record Exports Are What Damage Looks Like From the Outside
Russian crude exports are at a wartime high, which reads as strength and is a measurement…
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Paid in the Thing That Disappears When the Cycle Turns
Forty eight thousand workers, an average bonus near three hundred and forty thousand dollars, paid mostly…
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Two Thirds of the Passengers
Passenger traffic through Dubai fell by two thirds in March. A connecting hub does not lose…
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The Fare Was Never the Price
You could fly Spirit for nineteen dollars, and that was the whole proposition. A low fare…