Amazon CEO Jeff Bezos at a press conference on Sept. 6, 2012, in Santa Monica, California.
David McNew/Getty Images
The District of Columbia is suing Amazon for allegedly fixing online prices at the expense of consumers. Plus, evidence that investors are seemingly less worried about inflation this week — at least so far. And, a new health care challenge is brewing: The part of Medicare that covers hospitalizations, hospice and skilled nursing is projected to become insolvent sooner than expected.
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Segments From this episode
D.C. sues Amazon in antitrust case over how it treats sellers on the platform
Marketplace’s Nova Safo has more.
The market seems to be less worried about inflation this week
“This week, there seems to be buy-in from investors that the Fed truly is not going to raise interest rates, these increased prices that we’re seeing right now in the economy are just transitory while supply lines get back in line, and, ultimately, things will get back to normal,” said Susan Schmidt, head of U.S. equities at Aviva Investors. We’re seeing that buy-in in the form of the 10-year Treasury yield drifting down, to closer to 1.5%. It’s been as high as 1.7%, Schmidt said. Yields move inversely to prices.
Music from the episode
Relight - Instrumental Hemai
The team
David Brancaccio
Host
Victoria Craig
Host, BBC
Stephen Ryan
Senior Producer, BBC
Jonathan Frewin
Producer, BBC
Daniel Shin
Producer
Jay Siebold
Technical Director
Brian Allison
Engineer
Meredith Garretson Morbey
Senior Producer
Erika Soderstrom
Producer
Rose Conlon
Producer
Alex Schroeder
Producer
