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CPI/Inflation Watch, Albertsons Terminates Kroger Merger, GE Vernova and Southwest CEOs 12/11/24

Squawk on the Street

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Merger Fallout and Housing Market Challenges

This chapter focuses on the termination of the merger agreement between Albertsons and Kroger, exploring the subsequent lawsuit for breach of contract. It also addresses the rising concerns in the housing market, including mortgage rates, rental affordability, and the impact of disinflation. The conversation further highlights the effects of rising interest rates on homeownership and the dynamics of major retailers in the marketplace.

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