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Ruckel had to make a choice: Lower the price on Amazon or ask Chewy to raise the price of his product. The company also invests in tools to help sellers offer “competitive prices,” he said. Scott Needham, who sells on Amazon and runs a product-finder tool for other Amazon sellers, said he was “surprised by some of the points that the FTC selected.”watch now“I have over the years been very critical of Amazon,” Needham told CNBC. Competitors like Shopify and Walmart are increasingly viable alternatives for many categories of sellers, Needham said, not to mention rapidly growing Chinese e=commerce companies like Temu. Among those is a greater ability for Amazon sellers to communicate with buyers, offering select customers certain promotions.

Persons: Watchara, Fred Ruckel, Ruckel, Chewy, Fred Ruckel's, that’s, David Zapolsky, ”, ” Zapolsky, “, ” “, I'm, commenter, Scott Needham, ” Needham, “ I’ve, Needham, I’m, ” Scott Moller, Moller, ” Moller, ecommerce, he’s, Molson Hart, Hart Organizations: MediaNews, Riverside Press, Enterprise, Getty, Amazon, CNBC, Federal Trade Commission, FTC, Walmart Locations: Eastvale , California, Amazon’s

☆ Key US inflation gauge cooled last month to the lowest level in nearly three years
▼ + stars: | 2023-07-13 | by ( Alicia Wallace | ) edition.cnn.com time to read: +4 min

The PPI index, a key inflation gauge that tracks the average change in prices that businesses pay to suppliers, has cooled significantly since peaking at 11.2% in June 2022 and has now declined for 12 consecutive months. Annual producer price inflation is at its lowest level since August 2020, BLS data shows. “It’s definitely a good month for inflation,” Pelle told CNN. Starting in March 2022, the central bank rolled out 10 consecutive interest rate hikes to tame inflation, finally hitting pause last month. Doves tend to favor looser monetary policy and issues like low unemployment over low inflation, while hawks favor robust rate hikes and keeping inflation low above all else.

Persons: Price, Watchara, —, Alex Pelle, It’s, ” Pelle, “, That’s, Pelle, ” Organizations: Minneapolis CNN —, Bureau of Labor Statistics, La, MediaNews, The Press, Enterprise, Getty, BLS, PPI, Mizuho Securities, CNN, ”, CPI, Federal Reserve Locations: Minneapolis, La Reina, San Bernardino , California

☆ Mystery deepens as friends reveal accused 'catfisher' visited longtime girlfriend in days before killing a teen's family
▼ + stars: | 2022-12-11 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +10 min

Efforts to reach Edwards’ family have been unsuccessful. Neither Gates nor the second friend knew about the trip ahead of time, a move Gates described as unusual. The second friend said he learned of it from Edwards' father after Edwards didn't let him know he was heading home. In a text message with the second close friend, the girlfriend described Edwards' trip as "spontaneous" and said everything had gone well, the second friend said. He wanted to move back to southwestern Virginia, where he could be closer to friends and family, Gates said.

☆ How the warehouse boom devoured America's workforce
▼ + stars: | 2022-10-19 | by ( Aki Ito | ) www.businessinsider.com time to read: +12 min

It all happened so fast, we never got a chance to ask the most fundamental question: Is the sudden and dramatic shift to warehouse work a good thing? Has the explosion in warehouse jobs, taken as a whole, left us better off than before? As my colleague Katherine Long outlines in her story about musculoskeletal disorders, warehouse work is dangerous. "Warehouse workers," he says, "are the assembly-line workers of contemporary capitalism." That experience has given him hope that warehouse jobs, like their assembly-line predecessors, could wind up being a source of both personal pride and economic advancement.

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