Today, Clark explains the confusion around how various interest rates are set, from savings & CDs, to credit cards and car loans. He explores the "K-shaped" economy, where a flood of cash into savings and CDs drives down returns – even at online banks, and how the "convenience trap" can cost consumers thousands on all kinds of loans. Also, good news at the grocery store: the "store brand revolution" is working. After years of price hikes, name brand giants are finally slashing prices on snacks to win back customers.
- How Interest Rates Are Set : Segment 1
- Ask Clark: Segment 2
- Groceries: Big Brand Price Cuts: Segment 3
- Ask Clark: Segment 4
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