Business Report: Shutting The Border Raises Economic Concerns
Friday, April 5, 2019
Credit: Associated Press
KPBS anchor Ebone Monet and SDSU marketing lecturer Miro Copic discuss some of the week’s top business stories.
This week’s topics:
Concerns grows about economic impact of border shutdown.
President Donald Trump pulled back on threats to shutdown the U.S-Mexico border, where more than 100,000 people cross each day, contributing to the $4 billion annual cross-border trade. A temporary closure at the San Ysidro Port of Entry late last year led to the loss of millions of dollars on both sides of the border.
How will Amazon's latest prices drop at Whole Foods Market help the company?
On Wednesday, customers found new lower prices on hundreds of items throughout the store, particularly peak-of-season produce like greens, tomatoes and tropical fruits. This is the third round of price cuts. Amazon also announced Prime members will receive weekly deals across departments.
New poll highlights impact of growing cost of healthcare
A new West Health and Gallup poll found one in four people skipped a medical treatment because of cost, and in the past year alone, Americans collectively borrowed an estimated $88 billion to cover healthcare costs.
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