Are Amazon prices fair or not?
Share Now on:
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.
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.
Medicare’s hospital insurance trust fund is projected to become insolvent sooner than expected — within three to five years.