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0	200+ of the best deals from Amazon's Cyber Monday sale Table of Contents Table of Contents Echo, Fire TV, and Kindle deals Apple deals TV deals Laptop deals Headphone and earbud deals Tablet deals Gaming deals Speaker deals Vacuum deals Kitchen deals Smart home deals Fitness deals Beauty tech deals Drone deals Camera deals Lego deals Gift card deals UPDATE: Nov. 27, 2023, 5:00 a.m. EST This post has been updated with all of the latest Cyber Monday deals available at Amazon. Amazon is dragging out the year's biggest shopping holiday(s) into 11 days of deals. The retail giant began its Black Friday sale in the early morning of Friday, Nov. 17 (a week ahead of schedule) and was on top of making the switch to Cyber Monday language in the wee hours of Saturday, Nov. 25. Official Cyber Monday mode, which is currently on through Monday, Nov. 27, includes both a ton of deals carried over from Black Friday plus some new ones.
1	200+ of the best deals from Amazon's Cyber Monday sale Table of Contents Table of Contents Echo, Fire TV, and Kindle deals Apple deals TV deals Laptop deals Headphone and earbud deals Tablet deals Gaming deals Speaker deals Vacuum deals Kitchen deals Smart home deals Fitness deals Beauty tech deals Drone deals Camera deals Lego deals Gift card deals UPDATE: Nov. 27, 2023, 5:00 a.m. EST This post has been updated with all of the latest Cyber Monday deals available at Amazon. Amazon is dragging out the year's biggest shopping holiday(s) into 11 days of deals. The retail giant began its Black Friday sale in the early morning of Friday, Nov. 17 (a week ahead of schedule) and was on top of making the switch to Cyber Monday language in the wee hours of Saturday, Nov. 25. Official Cyber Monday mode, which is currently on through Monday, Nov. 27, includes both a ton of deals carried over from Black Friday plus some new ones. We're curating a running list of Amazon's best Cyber Weekend deals, spotlighting some of our favorites and noting when good deals inevitably sell out.
2	200+ of the best deals from Amazon's Cyber Monday sale 27, 2023, 5:00 a.m. EST This post has been updated with all of the latest Cyber Monday deals available at Amazon. Amazon is dragging out the year's biggest shopping holiday(s) into 11 days of deals. The retail giant began its Black Friday sale in the early morning of Friday, Nov. 17 (a week ahead of schedule) and was on top of making the switch to Cyber Monday language in the wee hours of Saturday, Nov. 25. Official Cyber Monday mode, which is currently on through Monday, Nov. 27, includes both a ton of deals carried over from Black Friday plus some new ones. We're curating a running list of Amazon's best Cyber Weekend deals, spotlighting some of our favorites and noting when good deals inevitably sell out. Read on for the full rundown, and check back often: We're going to be updating this story incessantly as the sale continues, as well as our even bigger (if you can imagine) list of Cyber Monday deals across more retailers.
3	200+ of the best deals from Amazon's Cyber Monday sale EST This post has been updated with all of the latest Cyber Monday deals available at Amazon. Amazon is dragging out the year's biggest shopping holiday(s) into 11 days of deals. The retail giant began its Black Friday sale in the early morning of Friday, Nov. 17 (a week ahead of schedule) and was on top of making the switch to Cyber Monday language in the wee hours of Saturday, Nov. 25. Official Cyber Monday mode, which is currently on through Monday, Nov. 27, includes both a ton of deals carried over from Black Friday plus some new ones. We're curating a running list of Amazon's best Cyber Weekend deals, spotlighting some of our favorites and noting when good deals inevitably sell out. Read on for the full rundown, and check back often: We're going to be updating this story incessantly as the sale continues, as well as our even bigger (if you can imagine) list of Cyber Monday deals across more retailers. Note: All newly added deals are marked with a ✨, while deals with a 🔥 have dropped to an all-time low price.
4	200+ of the best deals from Amazon's Cyber Monday sale The retail giant began its Black Friday sale in the early morning of Friday, Nov. 17 (a week ahead of schedule) and was on top of making the switch to Cyber Monday language in the wee hours of Saturday, Nov. 25. Official Cyber Monday mode, which is currently on through Monday, Nov. 27, includes both a ton of deals carried over from Black Friday plus some new ones. We're curating a running list of Amazon's best Cyber Weekend deals, spotlighting some of our favorites and noting when good deals inevitably sell out. Read on for the full rundown, and check back often: We're going to be updating this story incessantly as the sale continues, as well as our even bigger (if you can imagine) list of Cyber Monday deals across more retailers. Note: All newly added deals are marked with a ✨, while deals with a 🔥 have dropped to an all-time low price. Amazon's invite-only deals for Prime members are marked with a 📨.
5	200+ of the best deals from Amazon's Cyber Monday sale 17 (a week ahead of schedule) and was on top of making the switch to Cyber Monday language in the wee hours of Saturday, Nov. 25. Official Cyber Monday mode, which is currently on through Monday, Nov. 27, includes both a ton of deals carried over from Black Friday plus some new ones. We're curating a running list of Amazon's best Cyber Weekend deals, spotlighting some of our favorites and noting when good deals inevitably sell out. Read on for the full rundown, and check back often: We're going to be updating this story incessantly as the sale continues, as well as our even bigger (if you can imagine) list of Cyber Monday deals across more retailers. Note: All newly added deals are marked with a ✨, while deals with a 🔥 have dropped to an all-time low price. Amazon's invite-only deals for Prime members are marked with a 📨. Deals with a strikeout were either sold out or expired at the time of writing.
6	200+ of the best deals from Amazon's Cyber Monday sale 25. Official Cyber Monday mode, which is currently on through Monday, Nov. 27, includes both a ton of deals carried over from Black Friday plus some new ones. We're curating a running list of Amazon's best Cyber Weekend deals, spotlighting some of our favorites and noting when good deals inevitably sell out. Read on for the full rundown, and check back often: We're going to be updating this story incessantly as the sale continues, as well as our even bigger (if you can imagine) list of Cyber Monday deals across more retailers. Note: All newly added deals are marked with a ✨, while deals with a 🔥 have dropped to an all-time low price. Amazon's invite-only deals for Prime members are marked with a 📨. Deals with a strikeout were either sold out or expired at the time of writing. Echo, Fire TV, and Kindle deals Why we like it An Echo Show is a subtle yet game-changing addition to any room — and for less than $40 with this rollover Black Friday to Cyber Monday deal, there's little reason to not make your life easier.
7	200+ of the best deals from Amazon's Cyber Monday sale We're curating a running list of Amazon's best Cyber Weekend deals, spotlighting some of our favorites and noting when good deals inevitably sell out. Read on for the full rundown, and check back often: We're going to be updating this story incessantly as the sale continues, as well as our even bigger (if you can imagine) list of Cyber Monday deals across more retailers. Note: All newly added deals are marked with a ✨, while deals with a 🔥 have dropped to an all-time low price. Amazon's invite-only deals for Prime members are marked with a 📨. Deals with a strikeout were either sold out or expired at the time of writing. Echo, Fire TV, and Kindle deals Why we like it An Echo Show is a subtle yet game-changing addition to any room — and for less than $40 with this rollover Black Friday to Cyber Monday deal, there's little reason to not make your life easier. The smart screen responds to Alexa commands that are particularly handy when your hands are full, like asking for measurement conversions mid-cooking, checking the weather mid-rushing out the door, or turning off your smart lights with a sleeping kid in hand.
8	200+ of the best deals from Amazon's Cyber Monday sale Note: All newly added deals are marked with a ✨, while deals with a 🔥 have dropped to an all-time low price. Amazon's invite-only deals for Prime members are marked with a 📨. Deals with a strikeout were either sold out or expired at the time of writing. Echo, Fire TV, and Kindle deals Why we like it An Echo Show is a subtle yet game-changing addition to any room — and for less than $40 with this rollover Black Friday to Cyber Monday deal, there's little reason to not make your life easier. The smart screen responds to Alexa commands that are particularly handy when your hands are full, like asking for measurement conversions mid-cooking, checking the weather mid-rushing out the door, or turning off your smart lights with a sleeping kid in hand. Plus, it's got a 5.5-inch screen and better sound than its predecessor, making it perfect for watching videos or video calling friends and family.
9	200+ of the best deals from Amazon's Cyber Monday sale Amazon's invite-only deals for Prime members are marked with a 📨. Deals with a strikeout were either sold out or expired at the time of writing. Echo, Fire TV, and Kindle deals Why we like it An Echo Show is a subtle yet game-changing addition to any room — and for less than $40 with this rollover Black Friday to Cyber Monday deal, there's little reason to not make your life easier. The smart screen responds to Alexa commands that are particularly handy when your hands are full, like asking for measurement conversions mid-cooking, checking the weather mid-rushing out the door, or turning off your smart lights with a sleeping kid in hand. Plus, it's got a 5.5-inch screen and better sound than its predecessor, making it perfect for watching videos or video calling friends and family. More Amazon device and service deals Amazon services Audible Premium Plus — $5.95/month $14.95/month for four months (save $9/month; new customers only; get an additional $20 Audible credit) Echo Buds Echo smart displays Echo smart speakers Fire tablets Fire TVs Note: All Fire TVs come with a free 6-month subscription to MGM+ (a $35.94 value).
10	200+ of the best deals from Amazon's Cyber Monday sale The smart screen responds to Alexa commands that are particularly handy when your hands are full, like asking for measurement conversions mid-cooking, checking the weather mid-rushing out the door, or turning off your smart lights with a sleeping kid in hand. Plus, it's got a 5.5-inch screen and better sound than its predecessor, making it perfect for watching videos or video calling friends and family. More Amazon device and service deals Amazon services Audible Premium Plus — $5.95/month $14.95/month for four months (save $9/month; new customers only; get an additional $20 Audible credit) Echo Buds Echo smart displays Echo smart speakers Fire tablets Fire TVs Note: All Fire TVs come with a free 6-month subscription to MGM+ (a $35.94 value). Fire TV streaming devices eero Kindles Miscellaneous Amazon devices Apple deals Why we like it Now that the 64GB 9th generation iPad has been going in and out of stock (you might be able to find it on sale for $229.99), our new favorite iPad deal at Amazon is the 10th generation 64GB model for $349.
11	200+ of the best deals from Amazon's Cyber Monday sale More Amazon device and service deals Amazon services Audible Premium Plus — $5.95/month $14.95/month for four months (save $9/month; new customers only; get an additional $20 Audible credit) Echo Buds Echo smart displays Echo smart speakers Fire tablets Fire TVs Note: All Fire TVs come with a free 6-month subscription to MGM+ (a $35.94 value). Fire TV streaming devices eero Kindles Miscellaneous Amazon devices Apple deals Why we like it Now that the 64GB 9th generation iPad has been going in and out of stock (you might be able to find it on sale for $229.99), our new favorite iPad deal at Amazon is the 10th generation 64GB model for $349. Compared to the 9th gen, the 10th gen classic iPad has a slightly bigger screen that's now also a Liquid Retina display (10.9 inches versus 10.2 inches), a faster A14 Bionic chip for smoother multitasking, and USB-C charging.
12	200+ of the best deals from Amazon's Cyber Monday sale Fire TV streaming devices eero Kindles Miscellaneous Amazon devices Apple deals Why we like it Now that the 64GB 9th generation iPad has been going in and out of stock (you might be able to find it on sale for $229.99), our new favorite iPad deal at Amazon is the 10th generation 64GB model for $349. Compared to the 9th gen, the 10th gen classic iPad has a slightly bigger screen that's now also a Liquid Retina display (10.9 inches versus 10.2 inches), a faster A14 Bionic chip for smoother multitasking, and USB-C charging. More Apple deals AirPods MacBook Mac iPad Apple Watch TV deals Why we like it This 65-inch Fire TV from Amazon hit its lowest ever price this month, and we're not mad about it.
13	200+ of the best deals from Amazon's Cyber Monday sale Fire TV streaming devices eero Kindles Miscellaneous Amazon devices Apple deals Why we like it Now that the 64GB 9th generation iPad has been going in and out of stock (you might be able to find it on sale for $229.99), our new favorite iPad deal at Amazon is the 10th generation 64GB model for $349. Compared to the 9th gen, the 10th gen classic iPad has a slightly bigger screen that's now also a Liquid Retina display (10.9 inches versus 10.2 inches), a faster A14 Bionic chip for smoother multitasking, and USB-C charging. More Apple deals AirPods MacBook Mac iPad Apple Watch TV deals Why we like it This 65-inch Fire TV from Amazon hit its lowest ever price this month, and we're not mad about it. With a 66 percent five-star review rating, it's got much to love: Including stunning 4K QLED resolution, adaptive brightness that adjusts to the lighting of your room, the ability to project famous art or personal pics on it when not streaming anything, and, of course, that quintessential Alexa voice control.
14	200+ of the best deals from Amazon's Cyber Monday sale Compared to the 9th gen, the 10th gen classic iPad has a slightly bigger screen that's now also a Liquid Retina display (10.9 inches versus 10.2 inches), a faster A14 Bionic chip for smoother multitasking, and USB-C charging. More Apple deals AirPods MacBook Mac iPad Apple Watch TV deals Why we like it This 65-inch Fire TV from Amazon hit its lowest ever price this month, and we're not mad about it. With a 66 percent five-star review rating, it's got much to love: Including stunning 4K QLED resolution, adaptive brightness that adjusts to the lighting of your room, the ability to project famous art or personal pics on it when not streaming anything, and, of course, that quintessential Alexa voice control. More TV deals 43 to 55 inches 65 inches 75 to 85 inches Laptop deals Why we like it MacBooks aside (which are all listed above in the Apple section), another stellar Cyber Monday laptop deal at Amazon is the lightweight Microsoft Surface Laptop Go 3 for $599.99.
15	200+ of the best deals from Amazon's Cyber Monday sale More Apple deals AirPods MacBook Mac iPad Apple Watch TV deals Why we like it This 65-inch Fire TV from Amazon hit its lowest ever price this month, and we're not mad about it. With a 66 percent five-star review rating, it's got much to love: Including stunning 4K QLED resolution, adaptive brightness that adjusts to the lighting of your room, the ability to project famous art or personal pics on it when not streaming anything, and, of course, that quintessential Alexa voice control. More TV deals 43 to 55 inches 65 inches 75 to 85 inches Laptop deals Why we like it MacBooks aside (which are all listed above in the Apple section), another stellar Cyber Monday laptop deal at Amazon is the lightweight Microsoft Surface Laptop Go 3 for $599.99. This 25% discount drops the 2023 version to the regular asking price of our favorite budget laptop, the older Surface Go 2.
16	200+ of the best deals from Amazon's Cyber Monday sale With a 66 percent five-star review rating, it's got much to love: Including stunning 4K QLED resolution, adaptive brightness that adjusts to the lighting of your room, the ability to project famous art or personal pics on it when not streaming anything, and, of course, that quintessential Alexa voice control. More TV deals 43 to 55 inches 65 inches 75 to 85 inches Laptop deals Why we like it MacBooks aside (which are all listed above in the Apple section), another stellar Cyber Monday laptop deal at Amazon is the lightweight Microsoft Surface Laptop Go 3 for $599.99. This 25% discount drops the 2023 version to the regular asking price of our favorite budget laptop, the older Surface Go 2. Compared to the Go 2, the Go 3's Intel Core i5 processor is 12th gen versus the Go 2's 11th gen, harnessing better speeds and solid power for most everyday work or school tasks.
17	200+ of the best deals from Amazon's Cyber Monday sale More TV deals 43 to 55 inches 65 inches 75 to 85 inches Laptop deals Why we like it MacBooks aside (which are all listed above in the Apple section), another stellar Cyber Monday laptop deal at Amazon is the lightweight Microsoft Surface Laptop Go 3 for $599.99. This 25% discount drops the 2023 version to the regular asking price of our favorite budget laptop, the older Surface Go 2. Compared to the Go 2, the Go 3's Intel Core i5 processor is 12th gen versus the Go 2's 11th gen, harnessing better speeds and solid power for most everyday work or school tasks. On the outside, the Go 3 is definitely giving MacBook Air — the main difference being that the Go 3's screen is a touchscreen.
18	200+ of the best deals from Amazon's Cyber Monday sale More TV deals 43 to 55 inches 65 inches 75 to 85 inches Laptop deals Why we like it MacBooks aside (which are all listed above in the Apple section), another stellar Cyber Monday laptop deal at Amazon is the lightweight Microsoft Surface Laptop Go 3 for $599.99. This 25% discount drops the 2023 version to the regular asking price of our favorite budget laptop, the older Surface Go 2. Compared to the Go 2, the Go 3's Intel Core i5 processor is 12th gen versus the Go 2's 11th gen, harnessing better speeds and solid power for most everyday work or school tasks. On the outside, the Go 3 is definitely giving MacBook Air — the main difference being that the Go 3's screen is a touchscreen. More laptop deals Traditional laptops 2-in-1 laptops Chromebooks Gaming laptops Headphone and earbud deals Why we like it Narrowing down a headphones upgrade from so many on-sale options is less overwhelming when you've confirmed that you want to stick with a super premium, super reputable brand like Bose — but also that you want to stick to a budget.
19	200+ of the best deals from Amazon's Cyber Monday sale This 25% discount drops the 2023 version to the regular asking price of our favorite budget laptop, the older Surface Go 2. Compared to the Go 2, the Go 3's Intel Core i5 processor is 12th gen versus the Go 2's 11th gen, harnessing better speeds and solid power for most everyday work or school tasks. On the outside, the Go 3 is definitely giving MacBook Air — the main difference being that the Go 3's screen is a touchscreen. More laptop deals Traditional laptops 2-in-1 laptops Chromebooks Gaming laptops Headphone and earbud deals Why we like it Narrowing down a headphones upgrade from so many on-sale options is less overwhelming when you've confirmed that you want to stick with a super premium, super reputable brand like Bose — but also that you want to stick to a budget. There's only one pair of Bose over-ear headphones you can grab for just under $200, and that's the QuietComfort 45s at a record-low price of $199.
20	200+ of the best deals from Amazon's Cyber Monday sale Compared to the Go 2, the Go 3's Intel Core i5 processor is 12th gen versus the Go 2's 11th gen, harnessing better speeds and solid power for most everyday work or school tasks. On the outside, the Go 3 is definitely giving MacBook Air — the main difference being that the Go 3's screen is a touchscreen. More laptop deals Traditional laptops 2-in-1 laptops Chromebooks Gaming laptops Headphone and earbud deals Why we like it Narrowing down a headphones upgrade from so many on-sale options is less overwhelming when you've confirmed that you want to stick with a super premium, super reputable brand like Bose — but also that you want to stick to a budget. There's only one pair of Bose over-ear headphones you can grab for just under $200, and that's the QuietComfort 45s at a record-low price of $199. This classic pair secures top-of-the-line ANC, 20 hours of battery life, and all-day comfort for less than half of the AirPods Max's sale price.
21	200+ of the best deals from Amazon's Cyber Monday sale On the outside, the Go 3 is definitely giving MacBook Air — the main difference being that the Go 3's screen is a touchscreen. More laptop deals Traditional laptops 2-in-1 laptops Chromebooks Gaming laptops Headphone and earbud deals Why we like it Narrowing down a headphones upgrade from so many on-sale options is less overwhelming when you've confirmed that you want to stick with a super premium, super reputable brand like Bose — but also that you want to stick to a budget. There's only one pair of Bose over-ear headphones you can grab for just under $200, and that's the QuietComfort 45s at a record-low price of $199. This classic pair secures top-of-the-line ANC, 20 hours of battery life, and all-day comfort for less than half of the AirPods Max's sale price. More headphone and earbud deals Headphones Earbuds Tablet deals Gaming deals Gaming headsets Mashable Deals Want more hand-picked deals in your inbox?
22	200+ of the best deals from Amazon's Cyber Monday sale More laptop deals Traditional laptops 2-in-1 laptops Chromebooks Gaming laptops Headphone and earbud deals Why we like it Narrowing down a headphones upgrade from so many on-sale options is less overwhelming when you've confirmed that you want to stick with a super premium, super reputable brand like Bose — but also that you want to stick to a budget. There's only one pair of Bose over-ear headphones you can grab for just under $200, and that's the QuietComfort 45s at a record-low price of $199. This classic pair secures top-of-the-line ANC, 20 hours of battery life, and all-day comfort for less than half of the AirPods Max's sale price. More headphone and earbud deals Headphones Earbuds Tablet deals Gaming deals Gaming headsets Mashable Deals Want more hand-picked deals in your inbox? Sign up for Mashable's daily Deals newsletter.
23	200+ of the best deals from Amazon's Cyber Monday sale There's only one pair of Bose over-ear headphones you can grab for just under $200, and that's the QuietComfort 45s at a record-low price of $199. This classic pair secures top-of-the-line ANC, 20 hours of battery life, and all-day comfort for less than half of the AirPods Max's sale price. More headphone and earbud deals Headphones Earbuds Tablet deals Gaming deals Gaming headsets Mashable Deals Want more hand-picked deals in your inbox? Sign up for Mashable's daily Deals newsletter. Loading... Sign Me Up By signing up you agree to our Terms of Use and Privacy Policy Thanks for signing up!
24	200+ of the best deals from Amazon's Cyber Monday sale There's only one pair of Bose over-ear headphones you can grab for just under $200, and that's the QuietComfort 45s at a record-low price of $199. This classic pair secures top-of-the-line ANC, 20 hours of battery life, and all-day comfort for less than half of the AirPods Max's sale price. More headphone and earbud deals Headphones Earbuds Tablet deals Gaming deals Gaming headsets Mashable Deals Want more hand-picked deals in your inbox? Sign up for Mashable's daily Deals newsletter. Loading... Sign Me Up By signing up you agree to our Terms of Use and Privacy Policy Thanks for signing up! Gaming mice Gaming keyboards VR headsets Meta Quest 2 — $249 $299.99 (save $50.99) + free $50 Amazon credit with code META50 🔥 Speaker deals Vacuum deals Cordless vacuums Robot vacuums and vacuum/mop hybrids Kitchen deals Pizza ovens Sparkling water makers Toaster ovens Smart home deals Note: Echo devices are listed above under "Amazon device and service deals."
25	200+ of the best deals from Amazon's Cyber Monday sale More headphone and earbud deals Headphones Earbuds Tablet deals Gaming deals Gaming headsets Mashable Deals Want more hand-picked deals in your inbox? Sign up for Mashable's daily Deals newsletter. Loading... Sign Me Up By signing up you agree to our Terms of Use and Privacy Policy Thanks for signing up! Gaming mice Gaming keyboards VR headsets Meta Quest 2 — $249 $299.99 (save $50.99) + free $50 Amazon credit with code META50 🔥 Speaker deals Vacuum deals Cordless vacuums Robot vacuums and vacuum/mop hybrids Kitchen deals Pizza ovens Sparkling water makers Toaster ovens Smart home deals Note: Echo devices are listed above under "Amazon device and service deals." Blink Chromecast Google Nest Fitness deals Smartwatches and fitness trackers Note: Apple Watches are listed above under "Apple deals."
26	200+ of the best deals from Amazon's Cyber Monday sale Sign up for Mashable's daily Deals newsletter. Loading... Sign Me Up By signing up you agree to our Terms of Use and Privacy Policy Thanks for signing up! Gaming mice Gaming keyboards VR headsets Meta Quest 2 — $249 $299.99 (save $50.99) + free $50 Amazon credit with code META50 🔥 Speaker deals Vacuum deals Cordless vacuums Robot vacuums and vacuum/mop hybrids Kitchen deals Pizza ovens Sparkling water makers Toaster ovens Smart home deals Note: Echo devices are listed above under "Amazon device and service deals." Blink Chromecast Google Nest Fitness deals Smartwatches and fitness trackers Note: Apple Watches are listed above under "Apple deals." Beauty tech deals Drone deals Camera deals GoPro Lego deals Gift card deals
27	ASX set to drop as Wall Street’s September slump deepens ETF provider Betashares, which manages $30 billion in funds, reached an agreement to acquire Bendigo and Adelaide Bank’s superannuation business, in its first venture into the superannuation sector. Betashares said it was part of a longer-term strategy to expand the business into the broader financial sector. Shares in Bendigo increased 0.6 per cent on the news. REITS (up 0.4 per cent) was the strongest sector on the index as Goodman added 0.5 per cent and Dexus climbed 2.8 per cent. The laggards Casino operator Star Entertainment Group’s shares hit an all-time low of 60¢ after it raised $565 million. They closed the session 16 per cent weaker at 63¢. Star, which raised $800 million in February, has had to return to the market for fresh funding and is hoping to raise $750 million at a share price of 60¢ a share.
28	ASX set to drop as Wall Street’s September slump deepens Betashares said it was part of a longer-term strategy to expand the business into the broader financial sector. Shares in Bendigo increased 0.6 per cent on the news. REITS (up 0.4 per cent) was the strongest sector on the index as Goodman added 0.5 per cent and Dexus climbed 2.8 per cent. The laggards Casino operator Star Entertainment Group’s shares hit an all-time low of 60¢ after it raised $565 million. They closed the session 16 per cent weaker at 63¢. Star, which raised $800 million in February, has had to return to the market for fresh funding and is hoping to raise $750 million at a share price of 60¢ a share. Meanwhile, healthcare heavyweight CSL shed 1.4 per cent, weighing down the healthcare sector and insurance companies IAG (down 2.6 per cent) and Suncorp (down 2 per cent) gave back some of their gains from Tuesday.
29	ASX set to drop as Wall Street’s September slump deepens Shares in Bendigo increased 0.6 per cent on the news. REITS (up 0.4 per cent) was the strongest sector on the index as Goodman added 0.5 per cent and Dexus climbed 2.8 per cent. The laggards Casino operator Star Entertainment Group’s shares hit an all-time low of 60¢ after it raised $565 million. They closed the session 16 per cent weaker at 63¢. Star, which raised $800 million in February, has had to return to the market for fresh funding and is hoping to raise $750 million at a share price of 60¢ a share. Meanwhile, healthcare heavyweight CSL shed 1.4 per cent, weighing down the healthcare sector and insurance companies IAG (down 2.6 per cent) and Suncorp (down 2 per cent) gave back some of their gains from Tuesday. Gold miners Newcrest (down 2.1 per cent) and Evolution (down 3.5 per cent) were also among the biggest large-cap decliners after the spot gold price dropped 0.9 per cent overnight.
30	ASX set to drop as Wall Street’s September slump deepens The laggards Casino operator Star Entertainment Group’s shares hit an all-time low of 60¢ after it raised $565 million. They closed the session 16 per cent weaker at 63¢. Star, which raised $800 million in February, has had to return to the market for fresh funding and is hoping to raise $750 million at a share price of 60¢ a share. Meanwhile, healthcare heavyweight CSL shed 1.4 per cent, weighing down the healthcare sector and insurance companies IAG (down 2.6 per cent) and Suncorp (down 2 per cent) gave back some of their gains from Tuesday. Gold miners Newcrest (down 2.1 per cent) and Evolution (down 3.5 per cent) were also among the biggest large-cap decliners after the spot gold price dropped 0.9 per cent overnight. Information technology (down 1.1 per cent) was the weakest sector on the local bourse with WiseTech losing 1.4 per cent.
31	ASX set to drop as Wall Street’s September slump deepens They closed the session 16 per cent weaker at 63¢. Star, which raised $800 million in February, has had to return to the market for fresh funding and is hoping to raise $750 million at a share price of 60¢ a share. Meanwhile, healthcare heavyweight CSL shed 1.4 per cent, weighing down the healthcare sector and insurance companies IAG (down 2.6 per cent) and Suncorp (down 2 per cent) gave back some of their gains from Tuesday. Gold miners Newcrest (down 2.1 per cent) and Evolution (down 3.5 per cent) were also among the biggest large-cap decliners after the spot gold price dropped 0.9 per cent overnight. Information technology (down 1.1 per cent) was the weakest sector on the local bourse with WiseTech losing 1.4 per cent. The lowdown Novus Capital senior client adviser Gary Glover said the Australian sharemarket was surprisingly resilient following a negative lead from Wall Street and the latest inflation data, with markets starting to wake up to the fact that interest rates could stay higher for longer.
32	ASX set to drop as Wall Street’s September slump deepens Meanwhile, healthcare heavyweight CSL shed 1.4 per cent, weighing down the healthcare sector and insurance companies IAG (down 2.6 per cent) and Suncorp (down 2 per cent) gave back some of their gains from Tuesday. Gold miners Newcrest (down 2.1 per cent) and Evolution (down 3.5 per cent) were also among the biggest large-cap decliners after the spot gold price dropped 0.9 per cent overnight. Information technology (down 1.1 per cent) was the weakest sector on the local bourse with WiseTech losing 1.4 per cent. The lowdown Novus Capital senior client adviser Gary Glover said the Australian sharemarket was surprisingly resilient following a negative lead from Wall Street and the latest inflation data, with markets starting to wake up to the fact that interest rates could stay higher for longer. “Considering the damage overnight in the US, Australian markets held on pretty well,” he said.
33	ASX set to drop as Wall Street’s September slump deepens Gold miners Newcrest (down 2.1 per cent) and Evolution (down 3.5 per cent) were also among the biggest large-cap decliners after the spot gold price dropped 0.9 per cent overnight. Information technology (down 1.1 per cent) was the weakest sector on the local bourse with WiseTech losing 1.4 per cent. The lowdown Novus Capital senior client adviser Gary Glover said the Australian sharemarket was surprisingly resilient following a negative lead from Wall Street and the latest inflation data, with markets starting to wake up to the fact that interest rates could stay higher for longer. “Considering the damage overnight in the US, Australian markets held on pretty well,” he said. “I thought it would be a bigger down day across the board.” Glover said the market was volatile but quite range-bound, similar to previous periods of high inflation in the 1940s and 1970s.
34	ASX set to drop as Wall Street’s September slump deepens Gold miners Newcrest (down 2.1 per cent) and Evolution (down 3.5 per cent) were also among the biggest large-cap decliners after the spot gold price dropped 0.9 per cent overnight. Information technology (down 1.1 per cent) was the weakest sector on the local bourse with WiseTech losing 1.4 per cent. The lowdown Novus Capital senior client adviser Gary Glover said the Australian sharemarket was surprisingly resilient following a negative lead from Wall Street and the latest inflation data, with markets starting to wake up to the fact that interest rates could stay higher for longer. “Considering the damage overnight in the US, Australian markets held on pretty well,” he said. “I thought it would be a bigger down day across the board.” Glover said the market was volatile but quite range-bound, similar to previous periods of high inflation in the 1940s and 1970s. Elsewhere, Wall Street’s ugly September got even worse on Tuesday, as a sharp drop for stocks brought them back to where they were in June.
35	ASX set to drop as Wall Street’s September slump deepens Information technology (down 1.1 per cent) was the weakest sector on the local bourse with WiseTech losing 1.4 per cent. The lowdown Novus Capital senior client adviser Gary Glover said the Australian sharemarket was surprisingly resilient following a negative lead from Wall Street and the latest inflation data, with markets starting to wake up to the fact that interest rates could stay higher for longer. “Considering the damage overnight in the US, Australian markets held on pretty well,” he said. “I thought it would be a bigger down day across the board.” Glover said the market was volatile but quite range-bound, similar to previous periods of high inflation in the 1940s and 1970s. Elsewhere, Wall Street’s ugly September got even worse on Tuesday, as a sharp drop for stocks brought them back to where they were in June. The S&P 500 tumbled 1.5 per cent for its fifth loss in the last six days.
36	ASX set to drop as Wall Street’s September slump deepens The lowdown Novus Capital senior client adviser Gary Glover said the Australian sharemarket was surprisingly resilient following a negative lead from Wall Street and the latest inflation data, with markets starting to wake up to the fact that interest rates could stay higher for longer. “Considering the damage overnight in the US, Australian markets held on pretty well,” he said. “I thought it would be a bigger down day across the board.” Glover said the market was volatile but quite range-bound, similar to previous periods of high inflation in the 1940s and 1970s. Elsewhere, Wall Street’s ugly September got even worse on Tuesday, as a sharp drop for stocks brought them back to where they were in June. The S&P 500 tumbled 1.5 per cent for its fifth loss in the last six days. The Dow Jones dropped 1.1 per cent, and the Nasdaq composite lost 1.6 per cent.
37	ASX set to drop as Wall Street’s September slump deepens The lowdown Novus Capital senior client adviser Gary Glover said the Australian sharemarket was surprisingly resilient following a negative lead from Wall Street and the latest inflation data, with markets starting to wake up to the fact that interest rates could stay higher for longer. “Considering the damage overnight in the US, Australian markets held on pretty well,” he said. “I thought it would be a bigger down day across the board.” Glover said the market was volatile but quite range-bound, similar to previous periods of high inflation in the 1940s and 1970s. Elsewhere, Wall Street’s ugly September got even worse on Tuesday, as a sharp drop for stocks brought them back to where they were in June. The S&P 500 tumbled 1.5 per cent for its fifth loss in the last six days. The Dow Jones dropped 1.1 per cent, and the Nasdaq composite lost 1.6 per cent. Loading September has brought a loss of 5.2 per cent so far for the S&P 500, putting it on track to be the worst month of the year by far, as the realisation sets in that the Federal Reserve will indeed keep interest rates high for a long time.
38	ASX set to drop as Wall Street’s September slump deepens “I thought it would be a bigger down day across the board.” Glover said the market was volatile but quite range-bound, similar to previous periods of high inflation in the 1940s and 1970s. Elsewhere, Wall Street’s ugly September got even worse on Tuesday, as a sharp drop for stocks brought them back to where they were in June. The S&P 500 tumbled 1.5 per cent for its fifth loss in the last six days. The Dow Jones dropped 1.1 per cent, and the Nasdaq composite lost 1.6 per cent. Loading September has brought a loss of 5.2 per cent so far for the S&P 500, putting it on track to be the worst month of the year by far, as the realisation sets in that the Federal Reserve will indeed keep interest rates high for a long time. That growing understanding has sent yields in the bond market to their highest levels in more than a decade, which in turn has undercut prices for stocks and other investments.
39	ASX set to drop as Wall Street’s September slump deepens Elsewhere, Wall Street’s ugly September got even worse on Tuesday, as a sharp drop for stocks brought them back to where they were in June. The S&P 500 tumbled 1.5 per cent for its fifth loss in the last six days. The Dow Jones dropped 1.1 per cent, and the Nasdaq composite lost 1.6 per cent. Loading September has brought a loss of 5.2 per cent so far for the S&P 500, putting it on track to be the worst month of the year by far, as the realisation sets in that the Federal Reserve will indeed keep interest rates high for a long time. That growing understanding has sent yields in the bond market to their highest levels in more than a decade, which in turn has undercut prices for stocks and other investments. Treasury yields rose again on Tuesday following a mixed batch of reports on the economy.
40	ASX set to drop as Wall Street’s September slump deepens Elsewhere, Wall Street’s ugly September got even worse on Tuesday, as a sharp drop for stocks brought them back to where they were in June. The S&P 500 tumbled 1.5 per cent for its fifth loss in the last six days. The Dow Jones dropped 1.1 per cent, and the Nasdaq composite lost 1.6 per cent. Loading September has brought a loss of 5.2 per cent so far for the S&P 500, putting it on track to be the worst month of the year by far, as the realisation sets in that the Federal Reserve will indeed keep interest rates high for a long time. That growing understanding has sent yields in the bond market to their highest levels in more than a decade, which in turn has undercut prices for stocks and other investments. Treasury yields rose again on Tuesday following a mixed batch of reports on the economy. The yield on the 10-year Treasury edged up to 4.55 per cent from 4.54 per cent late on Monday and is near its highest level since 2007.
41	ASX set to drop as Wall Street’s September slump deepens The S&P 500 tumbled 1.5 per cent for its fifth loss in the last six days. The Dow Jones dropped 1.1 per cent, and the Nasdaq composite lost 1.6 per cent. Loading September has brought a loss of 5.2 per cent so far for the S&P 500, putting it on track to be the worst month of the year by far, as the realisation sets in that the Federal Reserve will indeed keep interest rates high for a long time. That growing understanding has sent yields in the bond market to their highest levels in more than a decade, which in turn has undercut prices for stocks and other investments. Treasury yields rose again on Tuesday following a mixed batch of reports on the economy. The yield on the 10-year Treasury edged up to 4.55 per cent from 4.54 per cent late on Monday and is near its highest level since 2007. It’s up sharply from about 3.5 per cent in May and from 0.5 per cent about three years ago.
42	ASX set to drop as Wall Street’s September slump deepens Loading September has brought a loss of 5.2 per cent so far for the S&P 500, putting it on track to be the worst month of the year by far, as the realisation sets in that the Federal Reserve will indeed keep interest rates high for a long time. That growing understanding has sent yields in the bond market to their highest levels in more than a decade, which in turn has undercut prices for stocks and other investments. Treasury yields rose again on Tuesday following a mixed batch of reports on the economy. The yield on the 10-year Treasury edged up to 4.55 per cent from 4.54 per cent late on Monday and is near its highest level since 2007. It’s up sharply from about 3.5 per cent in May and from 0.5 per cent about three years ago. One economic report on Tuesday showed confidence among consumers was weaker than economists expected.
43	ASX set to drop as Wall Street’s September slump deepens Loading September has brought a loss of 5.2 per cent so far for the S&P 500, putting it on track to be the worst month of the year by far, as the realisation sets in that the Federal Reserve will indeed keep interest rates high for a long time. That growing understanding has sent yields in the bond market to their highest levels in more than a decade, which in turn has undercut prices for stocks and other investments. Treasury yields rose again on Tuesday following a mixed batch of reports on the economy. The yield on the 10-year Treasury edged up to 4.55 per cent from 4.54 per cent late on Monday and is near its highest level since 2007. It’s up sharply from about 3.5 per cent in May and from 0.5 per cent about three years ago. One economic report on Tuesday showed confidence among consumers was weaker than economists expected. That’s concerning because strong spending by US households has been a bulwark keeping the economy out of a long-predicted recession.
44	ASX set to drop as Wall Street’s September slump deepens That growing understanding has sent yields in the bond market to their highest levels in more than a decade, which in turn has undercut prices for stocks and other investments. Treasury yields rose again on Tuesday following a mixed batch of reports on the economy. The yield on the 10-year Treasury edged up to 4.55 per cent from 4.54 per cent late on Monday and is near its highest level since 2007. It’s up sharply from about 3.5 per cent in May and from 0.5 per cent about three years ago. One economic report on Tuesday showed confidence among consumers was weaker than economists expected. That’s concerning because strong spending by US households has been a bulwark keeping the economy out of a long-predicted recession. Besides high interest rates, a long list of other worries is also tugging at Wall Street. The most immediate is the threat of another US government shutdown as Capitol Hill threatens a stalemate that could shut off federal services across the country.
45	ASX set to drop as Wall Street’s September slump deepens Treasury yields rose again on Tuesday following a mixed batch of reports on the economy. The yield on the 10-year Treasury edged up to 4.55 per cent from 4.54 per cent late on Monday and is near its highest level since 2007. It’s up sharply from about 3.5 per cent in May and from 0.5 per cent about three years ago. One economic report on Tuesday showed confidence among consumers was weaker than economists expected. That’s concerning because strong spending by US households has been a bulwark keeping the economy out of a long-predicted recession. Besides high interest rates, a long list of other worries is also tugging at Wall Street. The most immediate is the threat of another US government shutdown as Capitol Hill threatens a stalemate that could shut off federal services across the country. Loading Wall Street has dealt with such shutdowns in the past, and stocks have historically been turbulent in the run-up to them, according to Lori Calvasina, strategist at RBC Capital Markets.
46	ASX set to drop as Wall Street’s September slump deepens The yield on the 10-year Treasury edged up to 4.55 per cent from 4.54 per cent late on Monday and is near its highest level since 2007. It’s up sharply from about 3.5 per cent in May and from 0.5 per cent about three years ago. One economic report on Tuesday showed confidence among consumers was weaker than economists expected. That’s concerning because strong spending by US households has been a bulwark keeping the economy out of a long-predicted recession. Besides high interest rates, a long list of other worries is also tugging at Wall Street. The most immediate is the threat of another US government shutdown as Capitol Hill threatens a stalemate that could shut off federal services across the country. Loading Wall Street has dealt with such shutdowns in the past, and stocks have historically been turbulent in the run-up to them, according to Lori Calvasina, strategist at RBC Capital Markets. After looking at the seven shutdowns that lasted 10 days or more since the 1970s, she found the S&P 500 dropped an average of roughly 10 per cent in the three months heading into them.
47	ASX set to drop as Wall Street’s September slump deepens One economic report on Tuesday showed confidence among consumers was weaker than economists expected. That’s concerning because strong spending by US households has been a bulwark keeping the economy out of a long-predicted recession. Besides high interest rates, a long list of other worries is also tugging at Wall Street. The most immediate is the threat of another US government shutdown as Capitol Hill threatens a stalemate that could shut off federal services across the country. Loading Wall Street has dealt with such shutdowns in the past, and stocks have historically been turbulent in the run-up to them, according to Lori Calvasina, strategist at RBC Capital Markets. After looking at the seven shutdowns that lasted 10 days or more since the 1970s, she found the S&P 500 dropped an average of roughly 10 per cent in the three months heading into them. But stocks managed to hold up rather well during the shutdowns, falling an average of just 0.3 per cent, before rebounding meaningfully afterward.
48	ASX set to drop as Wall Street’s September slump deepens That’s concerning because strong spending by US households has been a bulwark keeping the economy out of a long-predicted recession. Besides high interest rates, a long list of other worries is also tugging at Wall Street. The most immediate is the threat of another US government shutdown as Capitol Hill threatens a stalemate that could shut off federal services across the country. Loading Wall Street has dealt with such shutdowns in the past, and stocks have historically been turbulent in the run-up to them, according to Lori Calvasina, strategist at RBC Capital Markets. After looking at the seven shutdowns that lasted 10 days or more since the 1970s, she found the S&P 500 dropped an average of roughly 10 per cent in the three months heading into them. But stocks managed to hold up rather well during the shutdowns, falling an average of just 0.3 per cent, before rebounding meaningfully afterward. Wall Street is also contending with higher oil prices, shaky economies around the world, a strike by US autoworkers that could put more upward pressure on inflation and a resumption of US student-loan repayments that could dent spending by households.
49	ASX set to drop as Wall Street’s September slump deepens The most immediate is the threat of another US government shutdown as Capitol Hill threatens a stalemate that could shut off federal services across the country. Loading Wall Street has dealt with such shutdowns in the past, and stocks have historically been turbulent in the run-up to them, according to Lori Calvasina, strategist at RBC Capital Markets. After looking at the seven shutdowns that lasted 10 days or more since the 1970s, she found the S&P 500 dropped an average of roughly 10 per cent in the three months heading into them. But stocks managed to hold up rather well during the shutdowns, falling an average of just 0.3 per cent, before rebounding meaningfully afterward. Wall Street is also contending with higher oil prices, shaky economies around the world, a strike by US autoworkers that could put more upward pressure on inflation and a resumption of US student-loan repayments that could dent spending by households. On Wall Street, the vast majority of stocks fell under such pressures, including 90 per cent of those within the S&P 500.
50	ASX set to drop as Wall Street’s September slump deepens Loading Wall Street has dealt with such shutdowns in the past, and stocks have historically been turbulent in the run-up to them, according to Lori Calvasina, strategist at RBC Capital Markets. After looking at the seven shutdowns that lasted 10 days or more since the 1970s, she found the S&P 500 dropped an average of roughly 10 per cent in the three months heading into them. But stocks managed to hold up rather well during the shutdowns, falling an average of just 0.3 per cent, before rebounding meaningfully afterward. Wall Street is also contending with higher oil prices, shaky economies around the world, a strike by US autoworkers that could put more upward pressure on inflation and a resumption of US student-loan repayments that could dent spending by households. On Wall Street, the vast majority of stocks fell under such pressures, including 90 per cent of those within the S&P 500. Big Tech stocks tend to be among the hardest hit by high rates, and they were the heaviest weights on the index.
51	ASX set to drop as Wall Street’s September slump deepens After looking at the seven shutdowns that lasted 10 days or more since the 1970s, she found the S&P 500 dropped an average of roughly 10 per cent in the three months heading into them. But stocks managed to hold up rather well during the shutdowns, falling an average of just 0.3 per cent, before rebounding meaningfully afterward. Wall Street is also contending with higher oil prices, shaky economies around the world, a strike by US autoworkers that could put more upward pressure on inflation and a resumption of US student-loan repayments that could dent spending by households. On Wall Street, the vast majority of stocks fell under such pressures, including 90 per cent of those within the S&P 500. Big Tech stocks tend to be among the hardest hit by high rates, and they were the heaviest weights on the index. Apple fell 2.3 per cent and Microsoft lost 1.7 per cent.
52	ASX set to drop as Wall Street’s September slump deepens But stocks managed to hold up rather well during the shutdowns, falling an average of just 0.3 per cent, before rebounding meaningfully afterward. Wall Street is also contending with higher oil prices, shaky economies around the world, a strike by US autoworkers that could put more upward pressure on inflation and a resumption of US student-loan repayments that could dent spending by households. On Wall Street, the vast majority of stocks fell under such pressures, including 90 per cent of those within the S&P 500. Big Tech stocks tend to be among the hardest hit by high rates, and they were the heaviest weights on the index. Apple fell 2.3 per cent and Microsoft lost 1.7 per cent. Amazon tumbled 4 per cent after the Federal Trade Commission and 17 state attorneys general filed an antitrust lawsuit against it. They accuse the e-commerce behemoth of using its dominant position to inflate prices on other platforms, overcharge sellers and stifle competition.
53	ASX set to drop as Wall Street’s September slump deepens Wall Street is also contending with higher oil prices, shaky economies around the world, a strike by US autoworkers that could put more upward pressure on inflation and a resumption of US student-loan repayments that could dent spending by households. On Wall Street, the vast majority of stocks fell under such pressures, including 90 per cent of those within the S&P 500. Big Tech stocks tend to be among the hardest hit by high rates, and they were the heaviest weights on the index. Apple fell 2.3 per cent and Microsoft lost 1.7 per cent. Amazon tumbled 4 per cent after the Federal Trade Commission and 17 state attorneys general filed an antitrust lawsuit against it. They accuse the e-commerce behemoth of using its dominant position to inflate prices on other platforms, overcharge sellers and stifle competition. In China, concerns continued over heavily indebted real estate developer Evergrande.
54	ASX set to drop as Wall Street’s September slump deepens Wall Street is also contending with higher oil prices, shaky economies around the world, a strike by US autoworkers that could put more upward pressure on inflation and a resumption of US student-loan repayments that could dent spending by households. On Wall Street, the vast majority of stocks fell under such pressures, including 90 per cent of those within the S&P 500. Big Tech stocks tend to be among the hardest hit by high rates, and they were the heaviest weights on the index. Apple fell 2.3 per cent and Microsoft lost 1.7 per cent. Amazon tumbled 4 per cent after the Federal Trade Commission and 17 state attorneys general filed an antitrust lawsuit against it. They accuse the e-commerce behemoth of using its dominant position to inflate prices on other platforms, overcharge sellers and stifle competition. In China, concerns continued over heavily indebted real estate developer Evergrande. The property market crisis there is dragging on China’s economic growth and raising worries about financial instability.
55	ASX set to drop as Wall Street’s September slump deepens On Wall Street, the vast majority of stocks fell under such pressures, including 90 per cent of those within the S&P 500. Big Tech stocks tend to be among the hardest hit by high rates, and they were the heaviest weights on the index. Apple fell 2.3 per cent and Microsoft lost 1.7 per cent. Amazon tumbled 4 per cent after the Federal Trade Commission and 17 state attorneys general filed an antitrust lawsuit against it. They accuse the e-commerce behemoth of using its dominant position to inflate prices on other platforms, overcharge sellers and stifle competition. In China, concerns continued over heavily indebted real estate developer Evergrande. The property market crisis there is dragging on China’s economic growth and raising worries about financial instability. France’s CAC 40 fell 0.7 per cent, and Germany’s DAX lost 1 per cent. Crude oil prices rose, adding to worries about inflation.
56	ASX set to drop as Wall Street’s September slump deepens Big Tech stocks tend to be among the hardest hit by high rates, and they were the heaviest weights on the index. Apple fell 2.3 per cent and Microsoft lost 1.7 per cent. Amazon tumbled 4 per cent after the Federal Trade Commission and 17 state attorneys general filed an antitrust lawsuit against it. They accuse the e-commerce behemoth of using its dominant position to inflate prices on other platforms, overcharge sellers and stifle competition. In China, concerns continued over heavily indebted real estate developer Evergrande. The property market crisis there is dragging on China’s economic growth and raising worries about financial instability. France’s CAC 40 fell 0.7 per cent, and Germany’s DAX lost 1 per cent. Crude oil prices rose, adding to worries about inflation. A barrel of benchmark US crude climbed 71¢ to $US90.39.
57	ASX set to drop as Wall Street’s September slump deepens Big Tech stocks tend to be among the hardest hit by high rates, and they were the heaviest weights on the index. Apple fell 2.3 per cent and Microsoft lost 1.7 per cent. Amazon tumbled 4 per cent after the Federal Trade Commission and 17 state attorneys general filed an antitrust lawsuit against it. They accuse the e-commerce behemoth of using its dominant position to inflate prices on other platforms, overcharge sellers and stifle competition. In China, concerns continued over heavily indebted real estate developer Evergrande. The property market crisis there is dragging on China’s economic growth and raising worries about financial instability. France’s CAC 40 fell 0.7 per cent, and Germany’s DAX lost 1 per cent. Crude oil prices rose, adding to worries about inflation. A barrel of benchmark US crude climbed 71¢ to $US90.39. Brent crude, the international standard, added 67¢ to $US93.96 per barrel.
58	ASX set to drop as Wall Street’s September slump deepens Apple fell 2.3 per cent and Microsoft lost 1.7 per cent. Amazon tumbled 4 per cent after the Federal Trade Commission and 17 state attorneys general filed an antitrust lawsuit against it. They accuse the e-commerce behemoth of using its dominant position to inflate prices on other platforms, overcharge sellers and stifle competition. In China, concerns continued over heavily indebted real estate developer Evergrande. The property market crisis there is dragging on China’s economic growth and raising worries about financial instability. France’s CAC 40 fell 0.7 per cent, and Germany’s DAX lost 1 per cent. Crude oil prices rose, adding to worries about inflation. A barrel of benchmark US crude climbed 71¢ to $US90.39. Brent crude, the international standard, added 67¢ to $US93.96 per barrel. Tweet of the day Quote of the day “The Senate committees have the power to summons witnesses within Australia but have no enforceable powers for witnesses who are overseas,” said Senator Bridget McKenzie as former Qantas boss Alan Joyce chose not to front the Senate select committee into the federal government’s decision to reject extra flights from Qatar Airways due to “personal commitments”.
59	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case A worker sorts out parcels in the outbound dock at the Amazon fulfillment center in Eastvale, California, on Aug. 31, 2021. Watchara Phomicinda \| MediaNews Group \| The Riverside Press-Enterprise via Getty Images It was late in the day on Oct. 27, 2021, when Fred Ruckel received the dreaded automated email from Amazon . Amazon’s software had detected that Ruckel’s popular cat toy, called the Ripple Rug, was being sold somewhere else for a cheaper price. His product would no longer be shown in Amazon’s all-important buy box, an area of the listing where shoppers click “Add to Cart.” Ruckel is the sole seller of the Ripple Rug on Amazon, so the move all but ensured his product would disappear from the website, costing him thousands of dollars per day.
60	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case A worker sorts out parcels in the outbound dock at the Amazon fulfillment center in Eastvale, California, on Aug. 31, 2021. Watchara Phomicinda \| MediaNews Group \| The Riverside Press-Enterprise via Getty Images It was late in the day on Oct. 27, 2021, when Fred Ruckel received the dreaded automated email from Amazon . Amazon’s software had detected that Ruckel’s popular cat toy, called the Ripple Rug, was being sold somewhere else for a cheaper price. His product would no longer be shown in Amazon’s all-important buy box, an area of the listing where shoppers click “Add to Cart.” Ruckel is the sole seller of the Ripple Rug on Amazon, so the move all but ensured his product would disappear from the website, costing him thousands of dollars per day. “Below is a list of product(s) in your catalog that are not currently eligible to be the Featured Offer because they are not priced competitively compared to prices for those products from retailers outside Amazon,” according to the email, which was viewed by CNBC.
61	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case Watchara Phomicinda \| MediaNews Group \| The Riverside Press-Enterprise via Getty Images It was late in the day on Oct. 27, 2021, when Fred Ruckel received the dreaded automated email from Amazon . Amazon’s software had detected that Ruckel’s popular cat toy, called the Ripple Rug, was being sold somewhere else for a cheaper price. His product would no longer be shown in Amazon’s all-important buy box, an area of the listing where shoppers click “Add to Cart.” Ruckel is the sole seller of the Ripple Rug on Amazon, so the move all but ensured his product would disappear from the website, costing him thousands of dollars per day. “Below is a list of product(s) in your catalog that are not currently eligible to be the Featured Offer because they are not priced competitively compared to prices for those products from retailers outside Amazon,” according to the email, which was viewed by CNBC. Unbeknownst to him, Chewy was running a discount promotion, and dropped the price of his product by a few dollars to $39.99 – less than the $43 offer on Amazon.
62	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case Amazon’s software had detected that Ruckel’s popular cat toy, called the Ripple Rug, was being sold somewhere else for a cheaper price. His product would no longer be shown in Amazon’s all-important buy box, an area of the listing where shoppers click “Add to Cart.” Ruckel is the sole seller of the Ripple Rug on Amazon, so the move all but ensured his product would disappear from the website, costing him thousands of dollars per day. “Below is a list of product(s) in your catalog that are not currently eligible to be the Featured Offer because they are not priced competitively compared to prices for those products from retailers outside Amazon,” according to the email, which was viewed by CNBC. Unbeknownst to him, Chewy was running a discount promotion, and dropped the price of his product by a few dollars to $39.99 – less than the $43 offer on Amazon. The algorithm had flagged it as a lower offer, even though the item on Chewy cost $48.54 after shipping and taxes.
63	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case His product would no longer be shown in Amazon’s all-important buy box, an area of the listing where shoppers click “Add to Cart.” Ruckel is the sole seller of the Ripple Rug on Amazon, so the move all but ensured his product would disappear from the website, costing him thousands of dollars per day. “Below is a list of product(s) in your catalog that are not currently eligible to be the Featured Offer because they are not priced competitively compared to prices for those products from retailers outside Amazon,” according to the email, which was viewed by CNBC. Unbeknownst to him, Chewy was running a discount promotion, and dropped the price of his product by a few dollars to $39.99 – less than the $43 offer on Amazon. The algorithm had flagged it as a lower offer, even though the item on Chewy cost $48.54 after shipping and taxes. Ruckel had to make a choice: Lower the price on Amazon or ask Chewy to raise the price of his product.
64	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case “Below is a list of product(s) in your catalog that are not currently eligible to be the Featured Offer because they are not priced competitively compared to prices for those products from retailers outside Amazon,” according to the email, which was viewed by CNBC. Unbeknownst to him, Chewy was running a discount promotion, and dropped the price of his product by a few dollars to $39.99 – less than the $43 offer on Amazon. The algorithm had flagged it as a lower offer, even though the item on Chewy cost $48.54 after shipping and taxes. Ruckel had to make a choice: Lower the price on Amazon or ask Chewy to raise the price of his product. He opted for the latter. Fred Ruckel's company Snuggly Cat makes Ripple Rug, an interactive play mat for cats.
65	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case “Below is a list of product(s) in your catalog that are not currently eligible to be the Featured Offer because they are not priced competitively compared to prices for those products from retailers outside Amazon,” according to the email, which was viewed by CNBC. Unbeknownst to him, Chewy was running a discount promotion, and dropped the price of his product by a few dollars to $39.99 – less than the $43 offer on Amazon. The algorithm had flagged it as a lower offer, even though the item on Chewy cost $48.54 after shipping and taxes. Ruckel had to make a choice: Lower the price on Amazon or ask Chewy to raise the price of his product. He opted for the latter. Fred Ruckel's company Snuggly Cat makes Ripple Rug, an interactive play mat for cats. Fred Ruckel Nearly three years later, Ruckel’s experience hits at the core of a sweeping antitrust lawsuit filed last week by the Federal Trade Commission against Amazon.
66	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case Unbeknownst to him, Chewy was running a discount promotion, and dropped the price of his product by a few dollars to $39.99 – less than the $43 offer on Amazon. The algorithm had flagged it as a lower offer, even though the item on Chewy cost $48.54 after shipping and taxes. Ruckel had to make a choice: Lower the price on Amazon or ask Chewy to raise the price of his product. He opted for the latter. Fred Ruckel's company Snuggly Cat makes Ripple Rug, an interactive play mat for cats. Fred Ruckel Nearly three years later, Ruckel’s experience hits at the core of a sweeping antitrust lawsuit filed last week by the Federal Trade Commission against Amazon. The agency accused Amazon of wielding its monopoly power to squeeze merchants and thwart rivals. For consumers, that’s led to artificially inflated prices and a degraded shopping experience, the agency alleges.
67	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case Unbeknownst to him, Chewy was running a discount promotion, and dropped the price of his product by a few dollars to $39.99 – less than the $43 offer on Amazon. The algorithm had flagged it as a lower offer, even though the item on Chewy cost $48.54 after shipping and taxes. Ruckel had to make a choice: Lower the price on Amazon or ask Chewy to raise the price of his product. He opted for the latter. Fred Ruckel's company Snuggly Cat makes Ripple Rug, an interactive play mat for cats. Fred Ruckel Nearly three years later, Ruckel’s experience hits at the core of a sweeping antitrust lawsuit filed last week by the Federal Trade Commission against Amazon. The agency accused Amazon of wielding its monopoly power to squeeze merchants and thwart rivals. For consumers, that’s led to artificially inflated prices and a degraded shopping experience, the agency alleges. In the 172-page suit, the FTC said Amazon relies on an “anti-discounting strategy” and a “massive web-crawling apparatus that constantly tracks online prices” to stifle competition.
68	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case Ruckel had to make a choice: Lower the price on Amazon or ask Chewy to raise the price of his product. He opted for the latter. Fred Ruckel's company Snuggly Cat makes Ripple Rug, an interactive play mat for cats. Fred Ruckel Nearly three years later, Ruckel’s experience hits at the core of a sweeping antitrust lawsuit filed last week by the Federal Trade Commission against Amazon. The agency accused Amazon of wielding its monopoly power to squeeze merchants and thwart rivals. For consumers, that’s led to artificially inflated prices and a degraded shopping experience, the agency alleges. In the 172-page suit, the FTC said Amazon relies on an “anti-discounting strategy” and a “massive web-crawling apparatus that constantly tracks online prices” to stifle competition. The agency said Amazon punishes third-party sellers who offer cheaper products elsewhere by threatening to disqualify them from appearing in the buy box if it detects a lower price.
69	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case He opted for the latter. Fred Ruckel's company Snuggly Cat makes Ripple Rug, an interactive play mat for cats. Fred Ruckel Nearly three years later, Ruckel’s experience hits at the core of a sweeping antitrust lawsuit filed last week by the Federal Trade Commission against Amazon. The agency accused Amazon of wielding its monopoly power to squeeze merchants and thwart rivals. For consumers, that’s led to artificially inflated prices and a degraded shopping experience, the agency alleges. In the 172-page suit, the FTC said Amazon relies on an “anti-discounting strategy” and a “massive web-crawling apparatus that constantly tracks online prices” to stifle competition. The agency said Amazon punishes third-party sellers who offer cheaper products elsewhere by threatening to disqualify them from appearing in the buy box if it detects a lower price. Losing the buy box is an “existential threat” to sellers’ businesses, the complaint alleges.
70	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case Fred Ruckel's company Snuggly Cat makes Ripple Rug, an interactive play mat for cats. Fred Ruckel Nearly three years later, Ruckel’s experience hits at the core of a sweeping antitrust lawsuit filed last week by the Federal Trade Commission against Amazon. The agency accused Amazon of wielding its monopoly power to squeeze merchants and thwart rivals. For consumers, that’s led to artificially inflated prices and a degraded shopping experience, the agency alleges. In the 172-page suit, the FTC said Amazon relies on an “anti-discounting strategy” and a “massive web-crawling apparatus that constantly tracks online prices” to stifle competition. The agency said Amazon punishes third-party sellers who offer cheaper products elsewhere by threatening to disqualify them from appearing in the buy box if it detects a lower price. Losing the buy box is an “existential threat” to sellers’ businesses, the complaint alleges. The end result of these tactics, the FTC argues, is elevated prices across the web.
71	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case Fred Ruckel Nearly three years later, Ruckel’s experience hits at the core of a sweeping antitrust lawsuit filed last week by the Federal Trade Commission against Amazon. The agency accused Amazon of wielding its monopoly power to squeeze merchants and thwart rivals. For consumers, that’s led to artificially inflated prices and a degraded shopping experience, the agency alleges. In the 172-page suit, the FTC said Amazon relies on an “anti-discounting strategy” and a “massive web-crawling apparatus that constantly tracks online prices” to stifle competition. The agency said Amazon punishes third-party sellers who offer cheaper products elsewhere by threatening to disqualify them from appearing in the buy box if it detects a lower price. Losing the buy box is an “existential threat” to sellers’ businesses, the complaint alleges. The end result of these tactics, the FTC argues, is elevated prices across the web. The company steadily hikes the fees it charges sellers and prevents them from discounting on other sites, so sellers often inflate their prices off of Amazon, creating an “artificial price floor everywhere,” according to the complaint.
72	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case For consumers, that’s led to artificially inflated prices and a degraded shopping experience, the agency alleges. In the 172-page suit, the FTC said Amazon relies on an “anti-discounting strategy” and a “massive web-crawling apparatus that constantly tracks online prices” to stifle competition. The agency said Amazon punishes third-party sellers who offer cheaper products elsewhere by threatening to disqualify them from appearing in the buy box if it detects a lower price. Losing the buy box is an “existential threat” to sellers’ businesses, the complaint alleges. The end result of these tactics, the FTC argues, is elevated prices across the web. The company steadily hikes the fees it charges sellers and prevents them from discounting on other sites, so sellers often inflate their prices off of Amazon, creating an “artificial price floor everywhere,” according to the complaint. The FTC is seeking to hold Amazon liable for allegedly violating anti-monopoly law, though it has not yet outlined the specific remedies it believes would best resolve its concerns.
73	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case In the 172-page suit, the FTC said Amazon relies on an “anti-discounting strategy” and a “massive web-crawling apparatus that constantly tracks online prices” to stifle competition. The agency said Amazon punishes third-party sellers who offer cheaper products elsewhere by threatening to disqualify them from appearing in the buy box if it detects a lower price. Losing the buy box is an “existential threat” to sellers’ businesses, the complaint alleges. The end result of these tactics, the FTC argues, is elevated prices across the web. The company steadily hikes the fees it charges sellers and prevents them from discounting on other sites, so sellers often inflate their prices off of Amazon, creating an “artificial price floor everywhere,” according to the complaint. The FTC is seeking to hold Amazon liable for allegedly violating anti-monopoly law, though it has not yet outlined the specific remedies it believes would best resolve its concerns. In antitrust cases, remedies are often determined only after a court finds the defendant liable.
74	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case The agency said Amazon punishes third-party sellers who offer cheaper products elsewhere by threatening to disqualify them from appearing in the buy box if it detects a lower price. Losing the buy box is an “existential threat” to sellers’ businesses, the complaint alleges. The end result of these tactics, the FTC argues, is elevated prices across the web. The company steadily hikes the fees it charges sellers and prevents them from discounting on other sites, so sellers often inflate their prices off of Amazon, creating an “artificial price floor everywhere,” according to the complaint. The FTC is seeking to hold Amazon liable for allegedly violating anti-monopoly law, though it has not yet outlined the specific remedies it believes would best resolve its concerns. In antitrust cases, remedies are often determined only after a court finds the defendant liable. In a blog post, Amazon general counsel David Zapolsky said third-party sellers set their own prices on the marketplace.
75	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case The agency said Amazon punishes third-party sellers who offer cheaper products elsewhere by threatening to disqualify them from appearing in the buy box if it detects a lower price. Losing the buy box is an “existential threat” to sellers’ businesses, the complaint alleges. The end result of these tactics, the FTC argues, is elevated prices across the web. The company steadily hikes the fees it charges sellers and prevents them from discounting on other sites, so sellers often inflate their prices off of Amazon, creating an “artificial price floor everywhere,” according to the complaint. The FTC is seeking to hold Amazon liable for allegedly violating anti-monopoly law, though it has not yet outlined the specific remedies it believes would best resolve its concerns. In antitrust cases, remedies are often determined only after a court finds the defendant liable. In a blog post, Amazon general counsel David Zapolsky said third-party sellers set their own prices on the marketplace. The company also invests in tools to help sellers offer “competitive prices,” he said.
76	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case Losing the buy box is an “existential threat” to sellers’ businesses, the complaint alleges. The end result of these tactics, the FTC argues, is elevated prices across the web. The company steadily hikes the fees it charges sellers and prevents them from discounting on other sites, so sellers often inflate their prices off of Amazon, creating an “artificial price floor everywhere,” according to the complaint. The FTC is seeking to hold Amazon liable for allegedly violating anti-monopoly law, though it has not yet outlined the specific remedies it believes would best resolve its concerns. In antitrust cases, remedies are often determined only after a court finds the defendant liable. In a blog post, Amazon general counsel David Zapolsky said third-party sellers set their own prices on the marketplace. The company also invests in tools to help sellers offer “competitive prices,” he said. “Even with those tools, some of the businesses selling on Amazon might still choose to set prices that aren’t competitive,” Zapolsky said.
77	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case The end result of these tactics, the FTC argues, is elevated prices across the web. The company steadily hikes the fees it charges sellers and prevents them from discounting on other sites, so sellers often inflate their prices off of Amazon, creating an “artificial price floor everywhere,” according to the complaint. The FTC is seeking to hold Amazon liable for allegedly violating anti-monopoly law, though it has not yet outlined the specific remedies it believes would best resolve its concerns. In antitrust cases, remedies are often determined only after a court finds the defendant liable. In a blog post, Amazon general counsel David Zapolsky said third-party sellers set their own prices on the marketplace. The company also invests in tools to help sellers offer “competitive prices,” he said. “Even with those tools, some of the businesses selling on Amazon might still choose to set prices that aren’t competitive,” Zapolsky said. “Just like any store owner who wouldn’t want to promote a bad deal to their customers, we don’t highlight or promote offers that are not competitively priced.” Zapolsky argued the FTC’s lawsuit could force it to stop highlighting low prices, “a perverse result that would be directly opposed to the goals of antitrust law.” “Long overdue” lawsuit On Amazon’s own forum for merchants, called Seller Central, several users cheered on the FTC and said they hoped it would result in changes to the company’s business practices.
78	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case In a blog post, Amazon general counsel David Zapolsky said third-party sellers set their own prices on the marketplace. The company also invests in tools to help sellers offer “competitive prices,” he said. “Even with those tools, some of the businesses selling on Amazon might still choose to set prices that aren’t competitive,” Zapolsky said. “Just like any store owner who wouldn’t want to promote a bad deal to their customers, we don’t highlight or promote offers that are not competitively priced.” Zapolsky argued the FTC’s lawsuit could force it to stop highlighting low prices, “a perverse result that would be directly opposed to the goals of antitrust law.” “Long overdue” lawsuit On Amazon’s own forum for merchants, called Seller Central, several users cheered on the FTC and said they hoped it would result in changes to the company’s business practices. Amazon’s tense relationship with merchants has been well-chronicled over the years, with sellers expressing a range of grievances over issues like rising fees, an arcane suspensions process, and heightened competition on the marketplace from all sides, including the e-commerce giant.
79	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case “Even with those tools, some of the businesses selling on Amazon might still choose to set prices that aren’t competitive,” Zapolsky said. “Just like any store owner who wouldn’t want to promote a bad deal to their customers, we don’t highlight or promote offers that are not competitively priced.” Zapolsky argued the FTC’s lawsuit could force it to stop highlighting low prices, “a perverse result that would be directly opposed to the goals of antitrust law.” “Long overdue” lawsuit On Amazon’s own forum for merchants, called Seller Central, several users cheered on the FTC and said they hoped it would result in changes to the company’s business practices. Amazon’s tense relationship with merchants has been well-chronicled over the years, with sellers expressing a range of grievances over issues like rising fees, an arcane suspensions process, and heightened competition on the marketplace from all sides, including the e-commerce giant. “I think it’s great, Amazon deserves it,” one person commented, adding, “More should be coming on the way.” Amazon in recent years made the forum anonymous, but users must have a seller account in order to post.
80	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case Amazon’s tense relationship with merchants has been well-chronicled over the years, with sellers expressing a range of grievances over issues like rising fees, an arcane suspensions process, and heightened competition on the marketplace from all sides, including the e-commerce giant. “I think it’s great, Amazon deserves it,” one person commented, adding, “More should be coming on the way.” Amazon in recent years made the forum anonymous, but users must have a seller account in order to post. Another post included a screenshot of a message Amazon sent to sellers the day after the FTC filed its complaint, which said, “As your partners, we know that this news may generate questions for you and our business together. This lawsuit does not change anything about our relationship with you or how we operate today.” One user called it “BS verbiage,” adding, “Businesses that sell in their store are indeed customers.
81	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case Amazon’s tense relationship with merchants has been well-chronicled over the years, with sellers expressing a range of grievances over issues like rising fees, an arcane suspensions process, and heightened competition on the marketplace from all sides, including the e-commerce giant. “I think it’s great, Amazon deserves it,” one person commented, adding, “More should be coming on the way.” Amazon in recent years made the forum anonymous, but users must have a seller account in order to post. Another post included a screenshot of a message Amazon sent to sellers the day after the FTC filed its complaint, which said, “As your partners, we know that this news may generate questions for you and our business together. This lawsuit does not change anything about our relationship with you or how we operate today.” One user called it “BS verbiage,” adding, “Businesses that sell in their store are indeed customers. And which of us has gotten good customer service?” Another user described their experience in the last 12 months of selling on Amazon as “being up all night at an effing casino but I'm stuck, the drugs are starting to wear off, but I'm trying to break even on the mortgage payment I'm using to play.
82	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case Another post included a screenshot of a message Amazon sent to sellers the day after the FTC filed its complaint, which said, “As your partners, we know that this news may generate questions for you and our business together. This lawsuit does not change anything about our relationship with you or how we operate today.” One user called it “BS verbiage,” adding, “Businesses that sell in their store are indeed customers. And which of us has gotten good customer service?” Another user described their experience in the last 12 months of selling on Amazon as “being up all night at an effing casino but I'm stuck, the drugs are starting to wear off, but I'm trying to break even on the mortgage payment I'm using to play. That's how it is selling on Amazon right now to me.” The seller went on to describe the experience as a “race to the bottom.” “It's long overdue," another commenter wrote.
83	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case Another post included a screenshot of a message Amazon sent to sellers the day after the FTC filed its complaint, which said, “As your partners, we know that this news may generate questions for you and our business together. This lawsuit does not change anything about our relationship with you or how we operate today.” One user called it “BS verbiage,” adding, “Businesses that sell in their store are indeed customers. And which of us has gotten good customer service?” Another user described their experience in the last 12 months of selling on Amazon as “being up all night at an effing casino but I'm stuck, the drugs are starting to wear off, but I'm trying to break even on the mortgage payment I'm using to play. That's how it is selling on Amazon right now to me.” The seller went on to describe the experience as a “race to the bottom.” “It's long overdue," another commenter wrote. "When they close me down, I'm applying for a job with the FTC.” Still, others commented that the FTC’s complaint is misguided.
84	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case This lawsuit does not change anything about our relationship with you or how we operate today.” One user called it “BS verbiage,” adding, “Businesses that sell in their store are indeed customers. And which of us has gotten good customer service?” Another user described their experience in the last 12 months of selling on Amazon as “being up all night at an effing casino but I'm stuck, the drugs are starting to wear off, but I'm trying to break even on the mortgage payment I'm using to play. That's how it is selling on Amazon right now to me.” The seller went on to describe the experience as a “race to the bottom.” “It's long overdue," another commenter wrote. "When they close me down, I'm applying for a job with the FTC.” Still, others commented that the FTC’s complaint is misguided. “Selling on Amazon is a life-changing opportunity and the amount of sellers that throw stones at the platform is astounding,” one user wrote.
85	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case And which of us has gotten good customer service?” Another user described their experience in the last 12 months of selling on Amazon as “being up all night at an effing casino but I'm stuck, the drugs are starting to wear off, but I'm trying to break even on the mortgage payment I'm using to play. That's how it is selling on Amazon right now to me.” The seller went on to describe the experience as a “race to the bottom.” “It's long overdue," another commenter wrote. "When they close me down, I'm applying for a job with the FTC.” Still, others commented that the FTC’s complaint is misguided. “Selling on Amazon is a life-changing opportunity and the amount of sellers that throw stones at the platform is astounding,” one user wrote. Seller skepticism Even sellers who may be sympathetic to the idea of regulating Amazon have concerns, specifically that the FTC's highlighted issues aren't necessarily ones that would make the seller and consumer experience better.
86	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case That's how it is selling on Amazon right now to me.” The seller went on to describe the experience as a “race to the bottom.” “It's long overdue," another commenter wrote. "When they close me down, I'm applying for a job with the FTC.” Still, others commented that the FTC’s complaint is misguided. “Selling on Amazon is a life-changing opportunity and the amount of sellers that throw stones at the platform is astounding,” one user wrote. Seller skepticism Even sellers who may be sympathetic to the idea of regulating Amazon have concerns, specifically that the FTC's highlighted issues aren't necessarily ones that would make the seller and consumer experience better. Scott Needham, who sells on Amazon and runs a product-finder tool for other Amazon sellers, said he was “surprised by some of the points that the FTC selected.” watch now “I have over the years been very critical of Amazon,” Needham told CNBC.
87	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case That's how it is selling on Amazon right now to me.” The seller went on to describe the experience as a “race to the bottom.” “It's long overdue," another commenter wrote. "When they close me down, I'm applying for a job with the FTC.” Still, others commented that the FTC’s complaint is misguided. “Selling on Amazon is a life-changing opportunity and the amount of sellers that throw stones at the platform is astounding,” one user wrote. Seller skepticism Even sellers who may be sympathetic to the idea of regulating Amazon have concerns, specifically that the FTC's highlighted issues aren't necessarily ones that would make the seller and consumer experience better. Scott Needham, who sells on Amazon and runs a product-finder tool for other Amazon sellers, said he was “surprised by some of the points that the FTC selected.” watch now “I have over the years been very critical of Amazon,” Needham told CNBC. “I’ve lost a lot of sleep because of some of the things that they have done.
88	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case "When they close me down, I'm applying for a job with the FTC.” Still, others commented that the FTC’s complaint is misguided. “Selling on Amazon is a life-changing opportunity and the amount of sellers that throw stones at the platform is astounding,” one user wrote. Seller skepticism Even sellers who may be sympathetic to the idea of regulating Amazon have concerns, specifically that the FTC's highlighted issues aren't necessarily ones that would make the seller and consumer experience better. Scott Needham, who sells on Amazon and runs a product-finder tool for other Amazon sellers, said he was “surprised by some of the points that the FTC selected.” watch now “I have over the years been very critical of Amazon,” Needham told CNBC. “I’ve lost a lot of sleep because of some of the things that they have done. And the issues that they brought up, while they are interesting, they haven’t created me a lot of pain.” Needham said he was particularly puzzled by the inclusion of the claims that Amazon is coercive in the way it encourages sellers to use its fulfillment service, known as Fulfillment by Amazon, or FBA.
89	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case Seller skepticism Even sellers who may be sympathetic to the idea of regulating Amazon have concerns, specifically that the FTC's highlighted issues aren't necessarily ones that would make the seller and consumer experience better. Scott Needham, who sells on Amazon and runs a product-finder tool for other Amazon sellers, said he was “surprised by some of the points that the FTC selected.” watch now “I have over the years been very critical of Amazon,” Needham told CNBC. “I’ve lost a lot of sleep because of some of the things that they have done. And the issues that they brought up, while they are interesting, they haven’t created me a lot of pain.” Needham said he was particularly puzzled by the inclusion of the claims that Amazon is coercive in the way it encourages sellers to use its fulfillment service, known as Fulfillment by Amazon, or FBA. Needham said many sellers “love FBA” because of its compelling value in terms of the price and promise to deliver two-day shipping.
90	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case Scott Needham, who sells on Amazon and runs a product-finder tool for other Amazon sellers, said he was “surprised by some of the points that the FTC selected.” watch now “I have over the years been very critical of Amazon,” Needham told CNBC. “I’ve lost a lot of sleep because of some of the things that they have done. And the issues that they brought up, while they are interesting, they haven’t created me a lot of pain.” Needham said he was particularly puzzled by the inclusion of the claims that Amazon is coercive in the way it encourages sellers to use its fulfillment service, known as Fulfillment by Amazon, or FBA. Needham said many sellers “love FBA” because of its compelling value in terms of the price and promise to deliver two-day shipping. For many, using FBA doesn’t feel like a requirement, but they believe using it will make their businesses "easier and more effective."
91	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case “I’ve lost a lot of sleep because of some of the things that they have done. And the issues that they brought up, while they are interesting, they haven’t created me a lot of pain.” Needham said he was particularly puzzled by the inclusion of the claims that Amazon is coercive in the way it encourages sellers to use its fulfillment service, known as Fulfillment by Amazon, or FBA. Needham said many sellers “love FBA” because of its compelling value in terms of the price and promise to deliver two-day shipping. For many, using FBA doesn’t feel like a requirement, but they believe using it will make their businesses "easier and more effective." "I think that the power that Amazon wields over sellers is considerable and absolutely worth looking into,” Needham said.
92	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case “I’ve lost a lot of sleep because of some of the things that they have done. And the issues that they brought up, while they are interesting, they haven’t created me a lot of pain.” Needham said he was particularly puzzled by the inclusion of the claims that Amazon is coercive in the way it encourages sellers to use its fulfillment service, known as Fulfillment by Amazon, or FBA. Needham said many sellers “love FBA” because of its compelling value in terms of the price and promise to deliver two-day shipping. For many, using FBA doesn’t feel like a requirement, but they believe using it will make their businesses "easier and more effective." "I think that the power that Amazon wields over sellers is considerable and absolutely worth looking into,” Needham said. “But I’m not sure if this would actually change that.” Scott Moller, an Amazon seller and co-founder of an agency that helps merchants run their storefronts, said the e-commerce giant has removed some of the challenges that used to be part of running an online business.
93	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case Needham said many sellers “love FBA” because of its compelling value in terms of the price and promise to deliver two-day shipping. For many, using FBA doesn’t feel like a requirement, but they believe using it will make their businesses "easier and more effective." "I think that the power that Amazon wields over sellers is considerable and absolutely worth looking into,” Needham said. “But I’m not sure if this would actually change that.” Scott Moller, an Amazon seller and co-founder of an agency that helps merchants run their storefronts, said the e-commerce giant has removed some of the challenges that used to be part of running an online business. With FBA, he said, he can ship an item into one of Amazon’s warehouses for $7.49 per package, while shipping it himself through a traditional carrier would cost him about $12.
94	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case Needham said many sellers “love FBA” because of its compelling value in terms of the price and promise to deliver two-day shipping. For many, using FBA doesn’t feel like a requirement, but they believe using it will make their businesses "easier and more effective." "I think that the power that Amazon wields over sellers is considerable and absolutely worth looking into,” Needham said. “But I’m not sure if this would actually change that.” Scott Moller, an Amazon seller and co-founder of an agency that helps merchants run their storefronts, said the e-commerce giant has removed some of the challenges that used to be part of running an online business. With FBA, he said, he can ship an item into one of Amazon’s warehouses for $7.49 per package, while shipping it himself through a traditional carrier would cost him about $12. “I don’t have to have my own warehouse,” said Moller, who sells grilling accessories on Amazon under the brand Grill Sergeant.
95	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case For many, using FBA doesn’t feel like a requirement, but they believe using it will make their businesses "easier and more effective." "I think that the power that Amazon wields over sellers is considerable and absolutely worth looking into,” Needham said. “But I’m not sure if this would actually change that.” Scott Moller, an Amazon seller and co-founder of an agency that helps merchants run their storefronts, said the e-commerce giant has removed some of the challenges that used to be part of running an online business. With FBA, he said, he can ship an item into one of Amazon’s warehouses for $7.49 per package, while shipping it himself through a traditional carrier would cost him about $12. “I don’t have to have my own warehouse,” said Moller, who sells grilling accessories on Amazon under the brand Grill Sergeant. “I can use their staff, their storage, and I can instantly also take the data of advertising, so I can target ads.” He also disputed the FTC’s claim that Amazon has become littered with ads in search results, causing shoppers to wade through potentially less-relevant products of lesser quality.
96	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case “But I’m not sure if this would actually change that.” Scott Moller, an Amazon seller and co-founder of an agency that helps merchants run their storefronts, said the e-commerce giant has removed some of the challenges that used to be part of running an online business. With FBA, he said, he can ship an item into one of Amazon’s warehouses for $7.49 per package, while shipping it himself through a traditional carrier would cost him about $12. “I don’t have to have my own warehouse,” said Moller, who sells grilling accessories on Amazon under the brand Grill Sergeant. “I can use their staff, their storage, and I can instantly also take the data of advertising, so I can target ads.” He also disputed the FTC’s claim that Amazon has become littered with ads in search results, causing shoppers to wade through potentially less-relevant products of lesser quality. “We can tailor our ads to hit exactly the consumers we want,” Moller said.
97	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case With FBA, he said, he can ship an item into one of Amazon’s warehouses for $7.49 per package, while shipping it himself through a traditional carrier would cost him about $12. “I don’t have to have my own warehouse,” said Moller, who sells grilling accessories on Amazon under the brand Grill Sergeant. “I can use their staff, their storage, and I can instantly also take the data of advertising, so I can target ads.” He also disputed the FTC’s claim that Amazon has become littered with ads in search results, causing shoppers to wade through potentially less-relevant products of lesser quality. “We can tailor our ads to hit exactly the consumers we want,” Moller said. “It’s a perfect marriage of a transaction, and that’s one of the beauties of what their marketplace offers.” Needham said he feels he would have been more supportive of the case if it were filed a few years ago, pre-pandemic.
98	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case “I don’t have to have my own warehouse,” said Moller, who sells grilling accessories on Amazon under the brand Grill Sergeant. “I can use their staff, their storage, and I can instantly also take the data of advertising, so I can target ads.” He also disputed the FTC’s claim that Amazon has become littered with ads in search results, causing shoppers to wade through potentially less-relevant products of lesser quality. “We can tailor our ads to hit exactly the consumers we want,” Moller said. “It’s a perfect marriage of a transaction, and that’s one of the beauties of what their marketplace offers.” Needham said he feels he would have been more supportive of the case if it were filed a few years ago, pre-pandemic. At that time, he said, "I would have felt, yes Amazon is a monopoly… But actually after Covid, into 2023, ecommerce has had a lot of big changes.” He added, "The competition is just not what it was in 2019."
99	Amazon sellers sound off on the FTC's 'long-overdue' antitrust case “I can use their staff, their storage, and I can instantly also take the data of advertising, so I can target ads.” He also disputed the FTC’s claim that Amazon has become littered with ads in search results, causing shoppers to wade through potentially less-relevant products of lesser quality. “We can tailor our ads to hit exactly the consumers we want,” Moller said. “It’s a perfect marriage of a transaction, and that’s one of the beauties of what their marketplace offers.” Needham said he feels he would have been more supportive of the case if it were filed a few years ago, pre-pandemic. At that time, he said, "I would have felt, yes Amazon is a monopoly… But actually after Covid, into 2023, ecommerce has had a lot of big changes.” He added, "The competition is just not what it was in 2019." Competitors like Shopify and Walmart are increasingly viable alternatives for many categories of sellers, Needham said, not to mention rapidly growing Chinese e=commerce companies like Temu.

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ParallelSearch

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Checkpoints for our paper "ParallelSearch: Train your LLMs to Decompose Query and Search Sub-queries in Parallel with Reinforcement Learning" • 3 items • Updated 20 days ago • 5