Are big corporate profits to blame for inflation?
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Greedflation. Price gouging. Pandemic profiteering. What happens when turning a profit is considered a bad thing? In this week’s episode, the FT’s US business editor Andrew Edgecliffe-Johnson explains how a new message around corporate profits is resonating with the American public and causing headaches for executives.
Clip courtesy of Bloomberg
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For further reading:
US companies face rising battle to fend off vilification over ‘excess’ profits
Joe Biden blasts Chevron chief as ‘sensitive’ after fuel-price criticism
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On Twitter, follow Andrew Edgecliffe-Johnson (@Edgecliffe) and Michela Tindera (@mtindera07)
Read a transcript of this episode on FT.com
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