Companies continue to raise prices on everything from streaming services to handbags, sometimes at a rate that exceeds the pace of inflation. WSJ’s Suzanne Kapner and Greg Ip unpack why this is happening.



Further Reading:

- Pricing Power: This Is Kate Spade’s Hottest Bag…and It Costs $500 

- We May Be Getting Used to High Inflation, and That’s Bad News 



Further Listening:

- Why the Fed Raised Interest Rates Amidst a Banking Crisis 

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Why Some Companies Keep Getting Away With Higher Prices

The most important stories about money, business and power. Hosted by Kate Linebaugh and Ryan Knutson, with Jessica Mendoza. The Journal is a co-production of Spotify and The Wall Street Journal.

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Starbucks has a problem: Sales at U.S. stores have fallen sharply and now the company is looking to China, its second biggest market, to boost its revenue. But as WSJ’s Spencer Jakab explains, increased competition there is making that a tall order. 



Further Reading: 

-Starbucks Is Running Out of Americans to Drink Its Expensive Coffee 

-The Furious Race for the Future of Coffee

Further Listening: 

-The Underdog Coffee Bean That’s Making a Comeback 

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Can Chinese Customers Rescue Starbucks?

London and Dubai's international airports have become conduits for billions of dollars of illicit funds, potentially linked to corruption, drug trafficking and other crimes. WSJ's Margot Patrick explains how couriers in one money-laundering operation transported millions in dirty money on flights.



Further Reading:

- Billions in Dirty Money Flies Under the Radar at World’s Busiest Airports 



Further Listening: 

- How The Government Tied One Couple to Billions in Stolen Bitcoin 



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The Suitcases Full of Cash Flowing Through Airports

Tesla announced last week that it’s laying off the team responsible for the biggest electric-vehicle charging network in the U.S. The move comes as consumer demand for EVs is dwindling. WSJ’s Jennifer Hiller reports on how the layoffs shocked the industry and how the change will impact efforts to build out a national EV charging network.



Further Reading:

-Tesla Is Pulling Back From EV Charging, and People Are Freaking Out 

-As Electric-Vehicle Shoppers Hesitate, Hybrid Sales Surge 



Further Listening:

-Money, Drugs, Elon Musk and Tesla’s Board 

-How China’s BYD Overtook Tesla 

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Why Is Tesla Pulling Back on EV Charging?

Walmart is offering higher pay, bonuses and more stock options this year to retain and attract managers. WSJ’s Sarah Nassauer spent a day with one manager, Nichole Hart, to understand why the job is commanding such a high salary these days, and why Hart logs about 20,000 steps a day.



Further Reading:

- A Day in the Life of a Walmart Manager Who Makes $240,000 a Year 

- Walmart Takes On Trader Joe’s and Whole Foods With New Premium Brand 

Further Listening:

- What Walmart’s Aisles Say About the American Consumer 



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The 20,000 Steps to a Walmart Manager's Six-Figure Salary

The high price of baby eels has triggered an upsurge in illegal fishing and criminal activity in Canada. Earlier this year, the country announced a ban on baby-eel fishing in an attempt to contain the violence and to protect dwindling fish stocks. We speak to WSJ’s Paul Vieira and to a baby-eel fisherman about how a tiny fish has created a turf war in a remote Canadian community.



Further Reading: 

-Guns and Death Threats Spur Canada to Reel in Baby-Eel Fishing 



Further Listening: 

-Will Florida’s Plan to Get Cheap Drugs From Canada Work? 

-Canada’s Historic Settlement with Indigenous People 

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Why Some Companies Keep Getting Away With Higher Prices

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