Business Rundown: So-Called 'Gouging' And The High Cost Of Price Controls

Despite recession fears waning and Wall Street's recent recovery, working-class Americans still feel the pinch of high prices of goods and services, especially at the supermarket. Last week, Vice President and 2024 Presidential nominee Kamala Harris proposed a new plan to tackle so-called 'price gouging' and implement price controls. She is accusing grocery chains and food supplies of keeping their prices high despite their costs coming down. And it's no wonder Harris is trying to tackle the issue. The latest FOX News poll shows that the number one issue for voters is the economy. Over half of those who participated say they feel former President Donald Trump is more equipped to handle the economy. Taylor Riggs, co-host of The Big Money Show on FOX Business, speaks with Gary Kaltbaum, President of Kaltbaum Capital Management, about recession fears and the Vice President's economic plan, which she will try to sell at this week's Democratic National Convention in Chicago Learn more about your ad choices. Visit podcastchoices.com/adchoices