Aug 31, 2023

Inflation could be sticking around

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The July PCE index, which was up 3.3%, indicates inflation is lingering. Plus, Switzerland cracks down on money laundering and Best Buy says there's a light at the end of the tunnel.

Segments From this episode

Why Switzerland wants to make a registry of who stashes assets in Swiss banks

by Nova Safo

One reason is that Russia may be hiding billions in Swiss banks, which are known for their secrecy.

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PCE index breakdown

by David Brancaccio

If you lie awake at night worried about inflation, the July PCE isn’t great news.

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Best Buy says electronics demand could pick up again

by Justin Ho

Aug 31, 2023

Demand for consumer electronics has fallen since the early days of the pandemic. But Best Buy says electronics demand could stabilize in the near future, or even grow.

The CEO of Best Buy said that this year could be a low point for electronics demand. And that next year, demand could slowly start to pick up.

Spencer Platt/Getty Images

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The team

David Brancaccio Host

Leanna Byrne Host, BBC

Kelly Silvera Executive Producer

Meredith Garretson Morbey Senior Producer

Alex Schroeder Producer

Erika Soderstrom Producer

Ariana Rosas Producer

Jordan Mangi Digital Producer

Jesson Duller Media Producer

Brian Allison Technical Director

Nick Esposito Media Producer

James Graham Producer, BBC

Jo Critcher Producer, BBC

Olie D'Albertanson Producer, BBC

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