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☆ Why the stock market is freaking out again
▼ + stars: | 2024-08-05 | by ( David Goldman | ) edition.cnn.com time to read: +6 min

The Dow tumbled more than 1,000 points at the open, and the broader market plunged 3% Monday. The Nasdaq, full of risky tech stocks, dropped 3.7%. Although that’s not in and of itself an unhealthy unemployment rate, its sudden march higher is alarming: Last year, the unemployment rate was at its lowest level since the moon landing. Traders are beginning to unwind big trades on Apple, Nvidia, Microsoft, Meta, Amazon, Alphabet and other tech stocks that had been surging since the beginning of last year. Monday’s rout, if it ends at current levels, wouldn’t even crack the top 100 worst days in market history.

Persons: Dow, that’s, Goldman Sachs, That’s, Jeremy Siegel, “, ”, Siegel, Stocks, it’ll, Warren Buffett, Berkshire Hathaway Organizations: CNN, Nasdaq, Nikkei, Federal Reserve, of Labor Statistics, Citigroup, JPMorgan, CNBC, Traders, Apple, Nvidia, Microsoft, Meta, Berkshire Locations: Wall

☆ Why the Fed is being blamed for the historic stock-market plunge
▼ + stars: | 2024-08-05 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

The Federal Reserve is catching some heat for the historic stock market plunge. AdvertisementThe Federal Reserve is to blame for the historic stock market plunge since last week, according to a growing chorus of market experts. JPMorgan strategist Mislav Matejka said in a Monday note that the lack of Fed rate cuts in the first half of the year will weigh on economic growth in the second half, and that any coming interest rate cuts from the Fed likely won't be enough. AdvertisementRegardless of what the Fed's motivation might be with waiting until September to cut interest rates, the market is taking away a pretty clear message. "There is growing sentiment is that the Fed has waited too long to cut interest rates and is now behind the curve," Comerica Wealth Management CIO John Lynch said.

Persons: —, Wharton, Jeremy Siegel, Siegel, Jerome Powell, Powell, they've, we're, Kamala Harris, Mislav Matejka, Matejka, Paul Volcker, Volcker, DataTrek, Nicholas Colas, John Lynch Organizations: Federal, Service, Federal Reserve, Nasdaq, CNBC, Washington DC, JPMorgan, Fed, Comerica Wealth Management Locations: Iran, Japan, Washington

(This is CNBC Pro's live coverage of Monday's Wall Street chatter as global markets sell off. — Lisa Kailai Han 7:02 a.m.: How long sell-offs typically last Bad news: The current market sell-off may have further to go. — Lisa Kailai Han 6:09 a.m.: Oppenheimer's Stoltzfus: Best to not 'jump to conclusions' Investors need to have a cool head as global markets sell off, according to Oppenheimer's John Stoltzfus. — Fred Imbert 5:51 a.m.: Global markets in an 'aggressive risk-unwind', Vital Knowledge says Fears of a U.S. recession are pressuring global markets, leading investors around the world to sell some of this year's top winners, according to Adam Crisafulli of Vital Knowledge. "Markets are caught in an aggressive risk-unwind as equities plunge around the world, with tech getting hit particularly hard," he wrote in a note Monday.

Persons: Wharton's Siegel, Jeremy Siegel, CNBC's, Siegel, hasn't, it's, … They're, —, Lisa Kailai Han, Tom Lee, Lee, Duncan Toms, Toms, Fred Imbert, Victoria Greene, Greene, It's, Nimrit Kang, — Lisa Kailai Han, Dan Ives, Gene Goldman, Gennadiy Goldberg, Ives, Goldman, Goldberg, Oppenheimer's John Stoltzfus, Evercore, Ed Hyman, Hyman, Adam Crisafulli, Crisafulli Organizations: CNBC, Stock, Nikkei, Dow Jones Industrial, Nasdaq, Wharton, Federal Reserve, Fundstrat Global, HSBC, G Squared, Wealth, NorthStar Asset Management, Street, Wedbush, TD Securities, Federal, NASDAQ, U.S, Fed, Global Locations: U.S, Europe, Japan, China

☆ As markets crater, key levels to watch on the S&P 500 as it nears correction
▼ + stars: | 2024-08-05 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Data released Friday showed 114,000 jobs were created last month, far below a Dow Jones estimate of 185,000. The S & P 500, accounting for Monday's expected losses, will be down around 9% from its recent high. She sees support emerging for the S & P 500 around the 5,000 level, or another 6.5% from here. If market conditions get very dire in the meantime, there is a chance the Federal Reserve could step in, investors hope. "The fed funds rate right now should be somewhere between 3.5% and 4%," he said .

Persons: Dow Jones, Katie Stockton, There's, Stockton, CNBC's, Jeremy Siegel, They've Organizations: Nikkei, Federal, Wharton Locations: Japan, U.S

☆ The Fed needs to make an emergency cut, says Wharton's Jeremy Siegel
▼ + stars: | 2024-08-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed needs to make an emergency cut, says Wharton's Jeremy SiegelJeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School of Business and Wisdom Tree chief economist, joins 'Squawk Box' to discuss the latest market trends, state of the economy, why he's calling for emergency rate cuts from the Fed, and more.

Persons: Wharton's Jeremy Siegel Jeremy Siegel Organizations: University of Pennsylvania’s Wharton School of Business

☆ Wharton's Jeremy Siegel says Fed needs to make an emergency rate cut
▼ + stars: | 2024-08-05 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Wharton's Jeremey Siegel on Monday called on the Federal Reserve to make an emergency 75 basis-points cut in the federal funds rate after Friday's disappointing jobs report. On Friday, the jobs report showed slower growth than expected and an unemployment rate that moved higher to 4.3%, its highest since October 2021. That unemployment figure "blew through" the central bank's target unemployment rate of 4.2%, said Siegel, chief economist at WisdomTree. Siegel isn't concerned that an emergency cut will send the markets into a downward spiral. If the Fed does not make an emergency cut before September's meeting, the market will react badly, Siegel predicted.

Persons: Wharton's Jeremey Siegel, Monday, —, Siegel, Alan Greenspan, They've, we're Organizations: Federal Reserve, University of Pennsylvania's Wharton School Locations: WisdomTree

☆ Joe Biden Stepped Aside. a Lot of Aging CEOs Should Do the Same.
▼ + stars: | 2024-08-04 | by ( Rob Price | ) www.businessinsider.com time to read: +13 min

Less discussed, however, is a parallel crisis in corporate America: a wave of aging business leaders who refuse to step aside. The average retirement age is similarly increasing: to 62 in 2024 from 57 in 1991. Using public data from 1992 to 2018, they assessed the relationship between a CEO's age and their "managerial ability," as measured by how they turned company resources into revenue and profit. "A 10% increase in CEO age is associated with a 1.9% decrease in managerial ability," they wrote. And older workers, both above and below the traditional retirement age, already face unwarranted discrimination in the workplace.

Persons: who'd, Joe Biden's, Donald Trump, Ruth Bader Ginsburg, Sen, Dianne Feinstein, It's, Rosemond Desir, Scott Seavey, Seavey, what's, Mark Fisher, Sumner Redstone, —, David Ekerdt, Olivia S, Mitchell, Desir, Warren Buffett, Rupert Murdoch, Fisher, Biden imbroglio, they're Organizations: Business, Supreme, California, Florida Atlantic University, University of California, CBS, Viacom, Barclays, gerontology, University of Kansas, Wharton, Chevron, Caterpillar, Berkshire Hathaway, News Corp Locations: America, Irvine, Southern California, United, Berkshire

☆ A millennial dentist with $231,000 in student debt is worried he'll have to sell his home or get a second job if Biden's new repayment plan is axed
▼ + stars: | 2024-08-04 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Related storiesShould the plan ultimately be blocked, David said he might have to sell his home or get a second job to afford higher student-loan payments again. But he's highly concerned about his fate with the SAVE plan up in the air. They cited an estimate from the Wharton School of the University of Pennsylvania that found the SAVE plan could cost $475 billion over 10 years. Are you enrolled in the SAVE plan and concerned about student-loan payments? Will student loans influence how you vote in the election?

Persons: David, David —, —, Joe Biden's, we've, you'll, he's Organizations: Service, Business, BI, Circuit, GOP, Education Department, Wharton School, University of Pennsylvania, SAVE Locations: recalculate

☆ Wharton psychologist Adam Grant: To understand yourself better, try this—'it's one of my favorite exercises'
▼ + stars: | 2024-08-01 | by ( Alex Koller | ) www.cnbc.com time to read: +1 min

The best way to find out what you're good at is to ask other people, says organizational psychologist Adam Grant. Reach out to 15 to 20 colleagues, family members, and friends, and see if they'll share stories of when you were at your best. The activity, created by researchers from Harvard Business School and the University of Michigan's Ross School of Business, helps you see yourself "through the eyes of others." It's one of the rare ones that I love as much with undergrads as I do with CEOs," Grant said. "In my experience doing it, people can't anticipate what their strengths are in other people's eyes and so it turns out we have positive blind spots, not just negative ones."

Persons: Adam Grant, Reach, Grant, Brené Brown, Simon Sinek Organizations: Wharton School, University of Pennsylvania, Harvard Business School, University of Michigan's Ross School of Business

☆ Don’t waste time on trendy wellness hacks. Try things that work
▼ + stars: | 2024-08-01 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +7 min

But good habits and a well-established routine can help you make the choices you are trying to stick to, she told CNN earlier. Habits are behaviors people engage in without conscious thought and are reinforced through repetition, social psychologist Wendy Wood told CNN in a previous article. Try to sleep better: Babies and young children often have a specific routine every night to help them sleep better — maybe it’s a bath, a few books, a song and a snuggle. Grown-ups need that, too, clinical psychologist and sleep expert Michael Grandner told CNN earlier. If you want more impactful wellness habits you can build into your routine, look for more CNN articles every week this National Wellness Month covering sleep, exercise, food and mindfulness.

Persons: Let’s, it’s, Katy, James G, Dinan, Wendy Wood, Michael Grandner, I’ll, “, they’ll, ”, Nitat, Steph Grasso, dietitian, Grasso, Rosamund Dean, Adam Smiley Poswolsky, ” Poswolsky Organizations: CNN, Wellness, Wharton School, University of Pennsylvania, US Centers for Disease Control, World Heart Federation, Research

A score between 580 to 669 is considered a fair credit score while a score under 580 is considered a poor credit score. Free credit score check servicesWhile many of these services do charge money, some of the best credit monitoring services are free, such as Capital One CreditWise or Credit Karma. As the base on which your credit score is calculated, credit reports don't actually include your credit scores. Checking credit score frequently asked questionsWill checking my credit score lower it? Your credit reports do not show when you check your credit score, so the credit scoring algorithms have no way of knowing if you checked your credit score.

Persons: Experian, FICO, you've, they're, VantageScore VantageScore, it's, Kendall Clayborne, Clayborne, Jennifer, Read Organizations: Fair, Consumers, Business, America, CBS, MSNBC, CNBC, Forbes, Black Enterprise, USA, The Johns Hopkins University Carey School of Business, Business Journalists Locations: AnnualCreditReport.com, Chevron, TheGrio, New York City

The average FICO credit score is 718, and the average VantageScore credit score is 702. Minnesota has the highest average FICO credit score, with an average FICO score of 742. Understanding credit scoresWhat a credit score meansA credit score is a number that indicates how likely a person is to repay their creditors back on time, based on payment history from their credit report. The 10 states with the lowest average VantageScore credit scores show a similar pattern, predominantly comprised of southern states. Along with exploring credit scores, credit reports, and how to build credit, Jennifer analyzes how current economic trends impact everyday people and offers her expert advice on budgeting, saving, and growing wealth in today’s economy.

Persons: you've, Experian, You'd, aren't, Jennifer, Read Organizations: Minnesota, . Vermont, Wisconsin, ., . New Hampshire, Washington, . South Dakota, . North Dakota, Hawaii, . Massachusetts, . Montana, Oregon, Vermont, . Wisconsin, Colorado, South Carolina, . Arkansas, Oklahoma, Georgia, . Texas, Alabama, Louisiana, US Census, West Virginia, . Kentucky, Business, America, CBS, MSNBC, CNBC, Forbes, Black Enterprise, USA, The Johns Hopkins University Carey School of Business, Business Journalists Locations: Minnesota, . Mississippi, Mississippi, . New, . South, . North, Hawaii, Nevada, New Mexico, South, United States, Chevron, U.S, TheGrio, New York City

☆ How Satya Nadella created a 'learn-it-all' culture at Microsoft to help it become a $3 trillion powerhouse
▼ + stars: | 2024-07-31 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +5 min

Read previewWhen Satya Nadella took over as CEO of Microsoft in 2014, he was on a mission to transform the company's culture. A decade later, it's clear that Nadella followed his own counsel as he seeks to establish Microsoft as a dominant force in AI. So, by 2016, Microsoft ditched its mobile business and sold the Nokia phone line to follow Nadella's new vision for the company. This cemented Nadella's vision to build up its open-source software offering, solidifying Nadella's vision to boost Microsoft's open-source software offerings. CFO Amy Hood said on Tuesday that Microsoft's AI bets will be monetized "over 15 years and beyond."

Persons: —, Satya Nadella, Nadella, Steve Ballmer, Ballmer, Kevin Scott, Bill Gates, OpenAI, Bing, Nadella isn't, Mustafa Suleyman, Suleyman, Carol Dweck's, Amy Hood Organizations: Service, Microsoft, Business, Nokia, Work Conference Locations: reenergize, OpenAI, ChatGPT

☆ We’ve been wrong about a key contributor to human happiness
▼ + stars: | 2024-07-30 | by ( Allison Morrow | ) edition.cnn.com time to read: +7 min

But it can really, really help. To do that, I collect large-scale data in the course of people’s everyday lives … That’s kind of the 100,000-foot view. And I think that’s the kind of thing that doesn’t really stop at any magic threshold. I think people need to think about this more of kind of like a happiness portfolio. And oh, by the way, getting some daily exercise, not living in an environment that’s really polluted, that would be good.

Persons: CNN Business ’, there’s, Matt Killingsworth, Mo, Killingsworth, jk, I’ve, Reagan, we’re, it’s, don’t Organizations: CNN Business, New York CNN, University of Pennsylvania’s Wharton School Locations: New York, what’s

☆ Stocks are approaching a 'watershed' moment as rate cuts unlock opportunity in unloved areas of the market, Wharton professor Jeremy Siegel says
▼ + stars: | 2024-07-29 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The stock market is about to see a major shift once the Fed cuts rates, Jeremy Siegel said. The top economist thinks value stocks could start outperforming growth stocks once the Fed eases policy. Cooling inflation data supports a Fed rate cut by September, Siegel predicted. The Wharton School finance professor pointed to opportunity lurking in value stocks, an unloved group of the market that's underperformed this year when compared to growth stocks. Growth stocks have outperformed partly due to Wall Street's AI craze, which has ignited investor fervor for growth stocks, like mega-cap tech firms.

Persons: Jeremy Siegel, Siegel, —, Powell Organizations: Service, Wharton School, CNBC

☆ A boomer with $50,000 in student loans voted for Trump in the last election. But with Biden's new repayment plan blocked, she's considering supporting a Democratic ticket.
▼ + stars: | 2024-07-28 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

"I want to be able to just breathe, but retiring and having to pay for student loans when I'm not even working anymore and paying most of my Social Security to student loans, it's ridiculous. Hill said the uncertainty with her student loans is forcing her to push back her timeline to retire. She's a teacher and has loans because she went back to school in 2009 to get her teaching degree, which she funded through grants, scholarships, and student loans. AdvertisementThe Education Department has vowed to continue fighting for the SAVE plan in court. Are your student-loan payments influencing how you will vote in the election?

Persons: —, Rebecca Hill isn't, Hill, Joe Biden's, that's, I've, She's, she's, I'm, Trump, Biden's, Biden, Mitch McConnell, Bill Cassidy, Kamala Harris Organizations: Service, Trump, Business, Security, GOP, Circuit, University of Pennsylvania's Wharton School, Democratic Party, Invest, Republican, Department, Public Locations: Wisconsin, PSLF

☆ You're not going to get value moving until the Fed drops rates, says Wharton's Jeremy Siegel
▼ + stars: | 2024-07-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYou're not going to get value moving until the Fed drops rates, says Wharton's Jeremy SiegelJeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School of Business and Wisdom Tree chief economist, joins 'Squawk Box' to discuss the latest market trends, what to expect from June's PCE inflation data today, impact on the Fed's interest rate decision, and more.

Persons: Wharton's Jeremy Siegel Jeremy Siegel Organizations: University of Pennsylvania’s Wharton School of Business

☆ 35-year-old Wharton grad quit her six-figure job to breakdance in the Olympics: 'For the first time, I was betting on myself'
▼ + stars: | 2024-07-25 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

Around this time in 2022, Sunny Choi had a six-figure salary, an apartment in New York City and a job as director of global creative operations at Estée Lauder. I had kind of resigned myself to [thinking] this might be my life forever because of the relative financial stability." "I thought this was probably the best opportunity I'd get, timing-wise, to make this kind of a jump," she said. The decision to leave Estée Lauder and her salary wasn't easy. She called the prospect of stepping away from her job and into financial uncertainty "extremely challenging and very, very scary."

Persons: Sunny Choi, Estée Lauder, Still, Choi, I'd Organizations: Wharton, Generation, Scholastic, CNBC, Team USA Locations: New York City, Estée

☆ Richard Branson shares his 'most notable failure' and the lesson it taught him: 'People quite like the underdog'
▼ + stars: | 2024-07-19 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Richard Branson's "most notable failure" taught him an important lesson: There's value in always seeing yourself as an underdog, the billionaire entrepreneur recently told TED's "Work Life with Adam Grant" podcast. He learned from one such experiment that "backfired horribly," he told Grant: Virgin Cola, a soda that Branson's Virgin Group launched in 1994. After some success in the U.K., the company decided to expand its presence to the U.S. and challenge Coca-Cola and Pepsi, Branson told NPR in 2017. Then, Virgin Cola began disappearing from store shelves, Branson told NPR. Virgin Cola quietly shuttered years later, when Branson realized the drink was only No.

Persons: Richard Branson's, TED's, Adam Grant, Grant, Branson, We've Organizations: Virgin Cola, Virgin Group, Pepsi, NPR, Virgin Cola's, Virgin, . Virgin Group, CNBC, University of Pennsylvania's Wharton School Locations: Virgin Cola's U.S, Coke, Bangladesh

☆ Wharton's Jeremy Siegel: No way Democrats can hold the Senate if Trump wins the presidency
▼ + stars: | 2024-07-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWharton's Jeremy Siegel: No way Democrats can hold the Senate if Trump wins the presidencyJeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School of Business and Wisdom Tree chief economist, joins 'Squawk Box' to discuss the impact of the assassination attempt of former President Trump on markets, 2024 presidential election, down ballot races, and more.

Persons: Jeremy Siegel, Trump Organizations: Trump, University of Pennsylvania’s Wharton School of Business

☆ Jeremy Siegel says markets are 'looking forward' to a second Trump boost
▼ + stars: | 2024-07-15 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Wharton School finance professor Jeremy Siegel said markets are already anticipating a second Trump bump after the attempted assassination of the former president on Saturday raised the odds he will win the November election. He's more free market, he's antiregulatory, for growth," Siegel told CNBC's "Squawk Box" on Monday. Will there be a second time where those entrepreneurial spirits could rise and boost the stock market?" Siegel made his comments after the assassination on Trump raised the likelihood the Republican will win the presidency for a second time. "They're not thrilled about the tariffs," Siegel said of Wall Street.

Persons: Jeremy Siegel, Trump, Donald, he's, Siegel, CNBC's, Stocks, Trump's, They're Organizations: Wharton School, Trump, Republican, U.S, Wall Locations: China

☆ Wendy's CEO got ripped for pushing dynamic pricing. It could be coming to a store near you.
▼ + stars: | 2024-07-15 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +8 min

With digital price tags, big retailers, in theory, could do the same. Federal Reserve Chair Jerome Powell has said that type of dynamic pricing is "incredibly important in our economy." AdvertisementSome experts agree, saying dynamic pricing practices could benefit consumers who are able to gain some understanding of the system and shop around. After customers complained online that those changes would surge prices, a spokesperson announced the company did not intend to implement surge pricing. How does dynamic pricing impact you?

Persons: There's, Uber, it's, Greg Cathey, Elizabeth Pancotti, Pancotti, Jerome Powell, Powell, John Zhang, Wendy's, Sen, Sherrod Brown, Zhang, — Organizations: Service, Walmart, Business, Roosevelt Institute, Federal, Wharton School, University of Pennsylvania, Democratic, SNAP

☆ The Fed should definitely cut after 'game-changing' June CPI data, says Wharton's Jeremy Siegel
▼ + stars: | 2024-07-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed should definitely cut after 'game-changing' June CPI data, says Wharton's Jeremy SiegelJeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School of Business and Wisdom Tree chief economist, joins 'Squawk Box' to discuss the latest market trends, state of the economy, what to make of the key inflation data this week, impact on the Fed's rate path outlook, and more.

Persons: Wharton's Jeremy Siegel Jeremy Siegel Organizations: University of Pennsylvania’s Wharton School of Business

Supply and DemandThe case for housing deregulation starts with Econ 101: Allowing builders to significantly increase housing supply leads to much lower prices. It isn’t rising demand, as the U.S. population rose even faster back when housing prices were roughly stable. Standard of LivingWhat would happen if homebuilders could once again freely build until housing prices were driven back down to cost? The admittedly small number of studies on the link between YIMBY and babies support common sense: Less regulation lowers housing prices, and lower housing prices generally raise birth rates and hasten child-bearing. In a rational world, the panacea policy of housing deregulation would be a done deal.

Persons: Ben Denzer, Taylor, Wharton, homebuilders, Thomas Piketty’s, ”, Matthew Rognlie, Peter Ganong, Daniel Shoag, Anne Case, Angus Deaton Organizations: Republicans, Research, Area, Wharton, Francisco, Francisco Los Angeles New, Francisco Los Angeles New York Phoenix Denver Houston Dallas, Japan Japan France France Britain Britain, Japan Japan France France Britain Britain Canada, → Utah Nevada Arizona New, San, San Francisco New, Atlanta Houston Boston, Democrats, Republican Locations: Minnesota , Oregon, California, New York City, Houston, Dallas, Francisco Los, Francisco Los Angeles New York, Wharton, United States, Japan, France, Britain, Canada, U.S, Japan Japan France France, Japan Japan France France Britain Britain Canada Canada, Bay, Dodge, → California Nevada Florida New York Arkansas, → Utah Nevada Arizona, → Utah Nevada Arizona New York West Virginia, Washington, San Francisco, San Francisco New York Los Angeles Rochester, N.Y, Atlanta

☆ Americans Are Angry Because Prices Are Constantly Changing
▼ + stars: | 2024-07-10 | by ( Emily Stewart | ) www.businessinsider.com time to read: +12 min

A "good" price for something today may have seemed outlandish five years ago. A "good" price for something today may have seemed outlandish five years ago, and it's understandable to wonder whether today's price is just as fleeting. The whole idea of what's a good price for a 12-pack of carbonated soft drinks has changed dramatically over the past few years." Plenty of companies can move their prices, whether by using dynamic prices or downright raising prices, because they're the only game in town. The answer to getting accustomed to high prices is basically to forget what those numbers were in 2019.

Persons: Wendy's, they're, There's, Carly Fink, —, Fink, they'd, Jon Hauptman, Hauptman, Timothy Webb, University of Delaware who's, it's, Ravi Dhar, Taylor Swift, John Zhang, Webb, Dhar, Emily Stewart Organizations: Walmart, Price, University of Delaware, Center, Yale School of Management, Starbucks, Wharton, Business

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