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WSJ Your Money Briefing

Food Is Back on Sale. But There’s a Catch.

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 25 October 2023

⏱️ 8 minutes

🧾️ Download transcript

Summary

As consumers show an unwillingness to pay higher prices for food, more supermarkets and restaurants are bringing back specials and promotions. But WSJ reporter Jesse Newman joins host J.R. Whalen to discuss why lower prices may not ease the pressure on household budgets. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

First, the bad news.

0:01.6

SAP Business AI won't generate amusing holiday cards,

0:04.8

but it will personalize career paths for your people

0:07.0

and let you know which suppliers are best,

0:08.8

so you can be ready for the next opportunity.

0:10.8

Revolutionary technology, real-world results.

0:13.2

That's SAP Business AI.

0:17.8

Here's your money briefing for Wednesday, October 25.

0:21.0

I'm JR Willan for the Wall Street Journal.

0:26.2

For the past two years, many households

0:28.2

have been willing to pay the steadily rising cost of food,

0:31.6

but that's changing.

0:33.1

And supermarkets and food companies are listening.

0:36.0

They're putting food back on sale,

0:37.6

and that can mean a number of things that can mean

0:40.2

if I wouldn't get one free deals or just sales,

0:43.0

or maybe these products are in an end cap

0:44.8

or a featured display in the grocery store.

0:47.2

We'll talk to Wall Street Journal reporter Jesse Newman

0:49.8

after the break.

0:58.6

AI may be the most important new computer technology ever,

1:03.2

but AI needs a lot of processing speed

...

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