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)
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Trump officials reinstating 2 Confederate monuments
Speed Read The administration has plans to 'restore Confederate names and symbols' discarded in the wake of George Floyd's 2020 murder
-
'This is a coordinated campaign of harassment'
Instant Opinion Opinion, comment and editorials of the day
-
Trump nominates Powell critic for vacant Fed seat
speed read Stephen Miran, the chair of Trump's Council of Economic Advisers and a fellow critic of Fed chair Jerome Powell, has been nominated to fill a seat on the Federal Reserve Board of Governors