Description
You’ve probably heard of dynamic pricing, like on ride-sharing apps. Now, the Federal Trade Commission is looking into surveillance pricing, which is when companies charge you a different price than someone else for the same product or service based on data they have on where you are and clues about your interests and lifestyle. We’ll unpack. Plus, GDP was higher than anticipated in the second quarter — but it wasn’t driven by consumers.
Former President Donald Trump says he’ll establish a government efficiency commission if re-elected in November, and it would be headed by Elon Musk. Musk’s various ventures are regulated by federal agencies, which are currently investigating several of his companies. We’ll hear more. Plus, the...
Published 09/06/24
Federal Reserve independence has come into the spotlight recently, with former President Donald Trump indicating he thinks the president should have some influence in the Fed’s actions. Today, we wind the clock back to when exactly that happened: In 1971, President Richard Nixon devised a scheme...
Published 09/06/24