Companies Are Telling Us the Real Reason They're Still Raising Prices

Companies Are Telling Us the Real Reason They...

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The Nigerian Industrial Behemoth That Could Reshape the African Economy

Earlier in August, it was reported that Nigeria's Dangote Refinery secured a $1 billion underwriting for its upcoming stock market listing, which is set to become Africa's largest IPO. Indeed, the whole the continent has seen lots of economic growth in the last few years: Accordi ...  Show more

Jasmine Sun on What the AI Industry Got Wrong About the Public Backlash

Within the AI industry, even the builders of it have been very anxious about the technology. They've talked for years about its potential to create destabilizing job losses. They even spend a lot of time thinking about rogue AI that could lead to human extinction. But for all the ...  Show more

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Excuseflation
Today, Explained

Inflation happens for a lot of reasons that can be hard for even economists to fully grasp. But — as we learned this spring in an episode we’re rerunning today — there’s also a more straightforward reason prices keep going up: greedy corporations are using inflation as an excuse ...  Show more

Why stuff isn’t getting cheaper
Today, Explained

The traditional explanation of inflation is simple: too much money chasing too few goods. But some experts are now wondering if companies’ aggressive pursuit of profit is driving up inflation as well. This episode was produced by Miles Bryan, edited by Matt Collette, fact-checked ...  Show more

Why Is It So Hard to Hit the Brakes on Inflation?
The Daily

In the struggle to control inflation, the Federal Reserve has raised interest rates five times already this year.

But those efforts can be blunted if companies keep raising prices regardless. And one industry has illustrated that difficulty particularly starkly: the car ...

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If Prices Keep Going Up, We Might Have to Start Calling It Inflation
The Breakdown

Today on the Brief: Elon Musk saves an SNL flop with a dogecoin satellite  Growing interest in Ethereum  UBS explores offering crypto to wealthy clients Our main discussion:The Wall Street Journal and Bloomberg are both running headlines about increasing consumer prices. Fo ...  Show more