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The Latest Breaking News from Groundwork Collaborative

Parents are paying upwards of $400 more for school supplies this year

‘The Trump administration’s economic policies are driving up nearly every price tag this back-to-school season’

The Independent UK

Minneapolis man tests if apps charge people different prices for the same items. His discovery? ‘Price tags are dead’

One word, "Wow."

We Got This Covered

Shoppers discover Instacart is charging them different prices for the same item in the same store

Almost 75% of grocery items in the experiment were offered to shoppers at multiple price points on Instacart

The Independent UK

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read the most diverse news in one place.

The Misuse of Data Behind the 'Greedflation' Narrative

There's no evidence that greed is causing inflation.

Reason

FTC head wants investigation into grocery stores over inflated prices

The federal regulator wants to see if grocery chains are ‘exploiting their power to inflate prices’

The Independent UK

Half of recent US inflation due to high corporate profits, report finds

Thinktank report says ‘resounding evidence’ shows companies continue to keep prices high even as their inflationary costs drop

The Guardian - US

Latest US inflation data raises questions about Fed’s interest rate hikes

Experts say raising rates ‘isn’t working’ and that the real culprits are corporate pricing, energy costs and supply chain

The Guardian - US

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Economists: More rate hikes won't help

After June's inflation numbers, the Fed is likely to push rates higher — at the risk of sparking a recession

Salon

Elizabeth Warren targets price gouging

"Corporations have price gouged consumers for extra profits and gotten away with it for too long," said Warren

Salon

Bernie links inflation to "profiteering"

Sanders says corporations using "specter of inflation to make outrageous profits by price-gouging Americans"

People

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