Good Day, Bad Day
Eating the cost, fueling inflation
GOOD DAY FOR: Eating the cost, after San Francisco restaurants, facing a new employee health care requirement, have started adding on a surcharge to customers’ bills. The city restaurant trade group is suing San Francisco to overturn the city law, which requires all employers with more than 20 workers to help defray health insurance costs. (Los Angeles Times, free registration)
BAD DAY FOR: Fueling inflation, as investors are betting that oil prices will stay high for years to come, pushing every futures contract through 2016 above $100 a barrel for the first time. The high long-dated oil prices are making it difficult for industries like airlines and utilities to hedge against rising energy costs. (Financial Times, free registration)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
MOST POPULAR ON THE WEEK
- What the collapse of the Ming Dynasty can tell us about American decline
- Colorado’s new ‘drive high, get a DUI’ commercials are actually pretty clever
- Why is American internet so slow?
- 7 ways to be the most interesting person in any room
- Ukraine's fraught relationship with Russia: A brief history
- 10 things you need to know today: March 10, 2014
- Sandy Hook shooter Adam Lanza's dad: 'I wish he'd never been born'
- What would a U.S.-Russia war look like?
- Why is it so expensive to build a bridge in America?
- The GOP must try to win over African-Americans
Subscribe to the Week