Big Screen Price Discrimination | AIER
AMC Theatres recently set its sights on blockbuster profits when it launched Sightline at AMC, a ticket-pricing system based on a seat’s view of the theater screen. The Twittersphere had mixed reactions to the company’s plan, with some arguing that Sightline is simply a way to drive up premium membership numbers and will hurt some […]
Silicon Valley Bank Fails, With Deposits of Many Venture-Backed Companies Frozen. How Bad Will the Fallout Be?
Silicon Vally Bank, the 16th largest in the US, was shut down and put under the control of California Department of Financial Protection and Innovation on Friday. This failure is set to send ripples across smaller technology companies. Even though there is good reason to think that uninsured depositors will eventually be made whole or […]
Market Talk – March 10, 2023
ASIA: Xi Jinping secured a precedent-breaking third term as president of China on Friday during a parliamentary session in which he tightened his control of the world’s second-largest economy as it emerges from a COVID slump and diplomatic challenges mount. Nearly 3,000 members of China’s rubber-stamp parliament, the National People’s Congress (NPC), voted unanimously […]
What does Silicon Valley Bank’s collapse mean for the financial system?
Two ways. Gradually, then suddenly. That is how Silicon Valley Bank (svb), the 16th-largest lender in America, with about $200bn in assets, went bust. Its financial position deteriorated over several years. But just two days elapsed between the San Francisco-based bank’s announcement on March 8th that it was seeking to raise $2.5bn to plug a […]
Market pricing swings back to quarter-point Fed rate hike
A trader works on the floor during morning trading at the New York Stock Exchange (NYSE) on March 10, 2023 in New York City. Spencer Platt | Getty Images It seemed like only yesterday that markets were sure that a tougher Federal Reserve was going to raise its benchmark interest rate a half percentage point […]
Unemployment for Black and Hispanic women rose in February
Women walk past by a “Now Hiring” sign outside a store on August 16, 2021 in Arlington, Virginia. Olivier Douliery | AFP | Getty Images The unemployment rate for Black and Hispanic women rose in February, but so did the number of people looking for jobs. The U.S. unemployment rate ticked up to 3.6% in […]
Budget: The Financial Times’s Sloppiness
We should expect politicians to lie, or at least to make misleading statements, whenever they can get away with it. But we would normally expect the Financial Times to be careful with information (which is why I have been an addict to this newspaper for most of my life). An exception is their story of […]
