Investments and Business

The Federal Trade Commission and several state attorneys general on Monday sued to block Kroger, the supermarket giant, from completing its $24.6 billion acquisition of the grocery chain Albertsons, saying the deal would hurt competition in the industry.The agency said the deal, which would be the largest supermarket merger in U.S. history, would most likely result in higher prices for groceries for consumers and, with fewer supermarkets, reduce the ability for grocery-store employees to negotiate higher wages and better working conditions.“This supermarket mega-merger comes as American consumers have seen the cost of groceries rise steadily over the past few years,”…

“No society can be fully understood apart from the residences of its members.”I have that quote (from “Crabgrass Frontier,” the seminal history of America’s suburbs) taped to a wall behind my desk. It summarizes why I love covering housing for The New York Times and seem never to run out of things to write about. Housing is everything. It’s where we live and raise our families. It is most people’s largest store of wealth. Whether you own, you rent, or you sleep outside, where you hang your head defines much of your existence.Over the past few decades, and especially since…

There’s an easy knock against the space dreams of Jeff Bezos and his rocket company, Blue Origin: In its 24th year of existence, the company has yet to launch a single thing to orbit.Blue Origin’s accomplishments to date are modest — a small vehicle known as New Shepard that takes space tourists and experiments on brief suborbital jaunts. By contrast, SpaceX, the rocket company started by the other high-profile space billionaire, Elon Musk, today dominates the launch market.On Wednesday, Blue Origin hopes to change the narrative, holding a coming-out party of sorts for its new big rocket.In the morning, at…

Robert Lanter lives in a 600-square-foot house that can be traversed in five seconds and vacuumed from a single outlet. He doesn’t have a coffee table in the living room because it would obstruct the front door. When relatives come to visit, Mr. Lanter says jokingly, but only partly, they have to tour one at time.Each of these details amounts to something bigger, for Mr. Lanter’s life and the U.S. housing market: a house under $300,000, something increasingly hard to find. That price allowed Mr. Lanter, a 63-year-old retired nurse, to buy a new single-family home in a subdivision in…