Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
NEW YORK/HONG KONG (Reuters Breakingviews) - Scarcity value was on vivid display on Wednesday night at Christie’s in New York. The auction house sold Leonardo da Vinci’s “Salvator Mundi” for $450 million to an unidentified telephone bidder, after hyping the 16th-century work with a weeks-long world tour. That price, more than four times Christie’s roughly $100 million estimate, makes it by far the most expensive piece of art ever sold at auction.
NEW YORK (Reuters Breakingviews) - Inflation in the cost of going to a U.S. college finally looks under control. Tuition increased at an average rate of just 1.9 percent for the year through June, according to the Bureau of Labor Statistics. That's the smallest gain in nearly 40 years, according to analysis first published by the Wall Street Journal, and only 0.3 percentage points more than the increase in consumer prices in the period. Some schools, though, may have to get creative to deal with it.
NEW YORK (Reuters Breakingviews) - A case of puppy love just swept over the stock market. After Snap, Blue Apron and YogaWorks appeared to spell doom for initial public offerings of trendy, fast-growing businesses, shares of PetIQ jumped by a third in their Friday debut after having priced at the top of the range. A more sensible valuation helped the maker of canine treats and medicine, but it also may have wagged the dog.
NEW YORK (Reuters Breakingviews) - The system of political and economic openness built after World War Two is under threat, Bill Emmott argues in his new book "The Fate of the West." He joins us to discuss globalization, populism and why there's still cause for optimism about the future of liberal democracies.
NEW YORK (Reuters Breakingviews) - Coach is paying luxury prices to catch up with the Europeans. The U.S. handbag maker is plunking down $2.4 billion for rival Kate Spade, a figure not justified strictly by the numbers. But Coach's owners like the $13 billion company’s move to a multibrand portfolio, which has worked for industry leaders LVMH and Kering. Mature luxury marques can no longer expect to succeed on their own.
NEW YORK (Reuters Breakingviews) - The most insightful work about President Donald Trump now showing doesn't mention him by name. That's because “Sweat,” Broadway's newest hit play, first opened in 2015. As pundits were earnestly profiling presidential hopefuls such as Marco Rubio, Lynn Nottage's steel-town drama offered a nuanced look at the economic and racial resentment stirred up by the loss of American manufacturing. The critics have signed on: "Sweat" has just won the 2017 Pulitzer Prize for drama. Its new run in New York offers those who initially missed the trend a chance to catch up.
Peter Berg's blockbuster turns the complex Deepwater Horizon disaster into a simple fight between working-class U.S. heroes and a money-grubbing British company. The rig crew's actions surely saved lives. But the film obscures the challenges of oil extraction and lax regulation.
A ruling that lets Ivy League graduate students organize will add to the growing share of cubicle-dwellers in the union movement. Education is one of the few sectors in which membership is increasing, albeit from a low base. The blue-collar stereotype is slowly fading away.
More Corinthian Colleges alums may see their federal loans forgiven after the defunct U.S. university lied about job prospects. Meanwhile, a law school beat fraud claims over dodgy employment stats. Strict disclosure rules would be a better way to teach fibbing educators lessons.
In recent years Brussels has been portrayed as a haven for jihadists, a pocket of extremism apart from the city’s law-and-order center. It's not quite that, because there's no cohesion to Brussels at all.