Greedflation is a thing, the FTC says
Are grocery prices high because of supply chain problems and rising costs? Or is it because major grocery chains took advantage of those trends to pad their profits? A new report from the Federal Trade Commission suggests the latter. We’ll unpack what the report says. Plus, Biden cancels $5.8 billion in student debt for public service workers, and we’ll hear key takeaways from CERAWeek, the “Super Bowl” of energy.