Monitor Show 13:00 09-17-2023 13:00
Interactive brokers' clients earn up to USD 4 .83 % on their uninvested, instantly available cash balances. Rates subject to change. Visit ibkr .com slash interest rates to learn more. This is Master's in Business on Bloomberg Radio. I'm Barry Ritholtz. Stay with us for today's top stories and global business headlines. They're coming up right now. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. This is a Bloomberg Money Minute. Amid a pop in inflation, online prices are continuing a steady decline. They've fallen for 12 straight months and in August they fell by the most since April 2020. Alex Tenzi wrote the story for Bloomberg News and he says the price of goods sold online fell 3 .2 % in August from a year ago. There's a lot of excess inventory out there and competition is fierce for sales. Also helping lower prices and improvement in supply chains. There's no longer these delays at the ports. So all these companies are trying to move the product. So the best way to do that is to lower the price. The latest numbers come from software company Adobe which says there is progress on supermarket inflation. Year over year, food prices are still up 5%. That said, prices fell in August, month over month. Appliance prices were down 7 .3 % while computers were down 14 .2%. I'm Charlie Pellet, Bloomberg Radio. This is the story of a very special woman. Just a few knew about her superpowers. In a matter of seconds, she turned herself into a great mathematician. She masqueraded as a regular person at work but as a superhero at home. Everyone knows her as Gabriella.