Funding & Business
Dynamic Pricing: Innovation or Exploitation?
From airline tickets to burgers, from groceries to gig work — technology now allows companies to change prices in real time, sometimes a hundred times a day, as grocery chain REMA 1000 in Norway does. Advocates say it maximizes efficiency and sometimes even helps consumers. Critics argue it can gouge buyers and underpay workers. The concept of prices as moving targets has been polarizing, but perception and timing play important roles in determining the winners and losers of dynamic pricing. (Source: Bloomberg)
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Ultimately, all of these tariffs discussions are about trade deficits, RBC Lead Equity Analyst Tom Narayan says on Bloomberg Surveillance. Narayan’s comments come as US President Donald Trump prepares to speak with Chinese President Xi Jinping on Friday. (Source: Bloomberg)
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Alaska Air Group Inc.’s adjusted third-quarter profit will be at the low end of the carrier’s previous estimate of $1 to $1.40 a share, driven down by a July technology outage and rising fuel prices.
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Bill Dudley, former New York Fed President and Bloomberg Opinion columnist, discusses the outlook for this week’s Federal Reserve policy decision and the future path of interest rates. A quarter-point cut on Wednesday is “baked in the cake,” Dudley tells Bloomberg Television. The bigger question is whether they cut once or twice after September, he adds. “It’s going to be a very close call between those two outcomes.” Dudley also comments on the potential influence of Stephen Miran, who is is potentially on track for confirmation to a post as a Fed governor in time to participate in this week’s decision. Dudley’s views are his own. (Source: Bloomberg)
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