Why prices, inflation are still soaring: corporate price gouging

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Health Health Headlines News

The real 'monster' behind soaring prices: corporate greed

would also help to make it harder for companies to coordinate on pricing, Becker said. Despite the wide variety of proposals, none of the experts I spoke to were encouraged by the prospects of implementing these ideas for one big reason: politics.to more directly intervene to tame inflation."I have revealed and called out giant corporations across the economy for hiding behind inflation to jack up prices," Sen. Elizabeth Warren of Massachusetts said in a statement to Insider.

Working people are suffering thanks to corporate greed, so we need to enact tougher rules to ensure corporations pay a price when they price gouge.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in HEALTH

Health Health Latest News, Health Health Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk preps to spend $2 billion on Starship after launch explosionElon Musk expects to spend $2 billion on Starship rocket after first launch explosion 'slightly' exceeded expectations
Source: BusinessInsider - 🏆 729. / 51 Read more »

Big Tech hiring will get hit by AIInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »

How to use ChatGPT to get better at Microsoft ExcelHow to use ChatGPT to improve your Microsoft Excel skills, from identifying formulas to learning keyboard shortcuts
Source: BusinessInsider - 🏆 729. / 51 Read more »

I spent a day learning how to be crew for British Airways' First classI spent a day learning how to be a flight attendant for British Airways' first-class cabin. From afternoon tea to the turndown service, there's a lot to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »

I'm a yacht stewardess who makes up to $5,000 a month on private yachtsI make up to $5,000 a month as a yacht stewardess. I landed the job right out of college and love that I get to save money while traveling the world.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Google trying to be 'safe and responsible' with AI, says fired engineerGoogle is trying to be 'safe and responsible' with AI, says the engineer who got fired after sentience claim
Source: BusinessInsider - 🏆 729. / 51 Read more »